Sunday, 28 April 2013

Introduction to Indonesia's Poverty

Despite the global economic downturn of recent years, Indonesia's economy continues to grow steadily, and it has now achieved the status of a middle-income country. The process of democratization and decentralization continues, and this has helped contribute to the peaceful resolution of long-simmering regional conflicts, for example in Aceh, Maluku, North Maluku and Papua. Indonesia is now the largest economy in Southeast Asia.
Steady economic growth has led to a gradual reduction in overall poverty in the country, which has fallen from 17 per cent in 2004 to 12.5 per cent in 2011. But despite these achievements, those who are poor are now worse off than they were before the devastating 1997 financial crisis that swept the region, and the gap between rich and poor is widening.

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