TUGAS BAHASA INGGRIS BISNIS 2
Indonesian economy to India in 2014
Last year, Indonesia
and India are two developing countries that receive the most severe blow of the
action of the U.S. Federal Reserve ( the Fed ) to reduce the stimulus funds.
These conditions make many investors fled funds abroad and weakening of the
rupiah and the rupee. Remarkably, the two countries were then able to print a
big difference in just a few months. What do Indonesia and India to re- draw in
foreign investors who had left it ?
As quoted by
CNBC , Friday ( 07/02/2014 ) , the two countries is even able to withstand the
volatility that hit developing countries amid the Fed's stimulus policies and
weakening global growth forecast after weak U.S. economic data and China.
Although not yet fully out of the external risks , Indonesia and India have
shown a lot of progress in convincing the investors. Both countries show it is
able to do whatever it takes to overcome the current account deficit and make
it attractive in the presence of investors. Indonesia and India have raised
interest rates significantly since the middle of last year when selling to
attack crowded developing countries. The Indian government is also taking other
measures such as restrictions on gold imports in order to reduce the current
account deficit is going on. Director Asia Pacific Fixed Income at Alliance
Bernstein, said Hayden Briscoe, current economic conditions may make analysts
look at the differences between developing countries. He admits, Asia is
superior compared to other areas in the world.
Bank Indonesia (
BI ) rate of economic growth in Indonesia in the fourth quarter of 2013 than
Bobby central bank estimates . The condition is accompanied by the structure
more balanced.
Indonesia's
economic growth in the fourth quarter 2013 increased from 5.63 per cent (year
on year / yoy ) in the third quarter of 2013 to 5.72 per cent ( yoy ) . This
increase is sustained improvement in real exports rising demand line trading
partners developed countries.
" Meanwhile
, domestic demand growth to moderate reflected slowing domestic consumption and
investment , in particular non-construction investment . Response to these
developments , the overall economic growth in Indonesia recorded 5.78 percent
in 2013 , " said Executive Director of the Department of Communication BI
Tirta Segara Thursday ( 02/12/2014 ). In 2014 , further Tirta , moderation in
domestic demand is expected to continue while export performance will improve
as the global economic recovery continued to drive improvements in the economic
structure of Indonesia 's economic growth in 2014 is expected to approach the
lower limit of the range of 5.8 to 6.2 percent . " Meanwhile , the central
bank was looking at the world economic recovery is getting better in the global
financial market uncertainty. Developments mainly sustained growth in advanced
economies , particularly the U.S. and Japan , which in the fourth quarter 2013
to be in an upward trend and is expected to continue in 2014 , " said
Tirta . Increased boost world economic growth and the improvement in world
trade volume growth in commodity prices , including prices of key commodities
Indonesian non-oil exports. " Going forward , Bank Indonesia will continue
to examine the risks stemming from the global economy, particularly the risks
stemming from the Fed policy normalization and risk slowing Chinese
economy" said Tirta.
India economy has been
growing quest for two dekad ago, however, the real growth was not one word when
we compare social groups, economic geography and differing shoreline, as well
as the airport and the region outside the city. Although income inequality in
India is not very large ( Pekali Gini : 32.5 in 1999-2000 ), but these days
more and more extensive ravine. Even though many developing advanced economies,
but countries that tribal population earn less than the poverty threshold is
set at $ 0.40 a day kingdom. Moreover, India is experiencing unbalanced feeds
levels are highest among child under the age of three years (46 % in 2007 ) in
the world.
India equipped workforce
of 509.3 million, 60 % thereof worked in agriculture and related industries.
Perkhidmatan 28 % in the field and related industries and 12 % in industry. The
main agricultural crops have included the rice, wheat, oilseed, cotton, jute,
tea, sugarcane, and sweet potatoes. The agricultural sector formed 28 % KDNK.
Perkhidmatan and industrial sectors also each forming 54 % and 18 % KDNK. The
main industry includes the manufacture of trains, Simen, chemical, electronic
user tools, food processing, wheel, perlombongan, petroleum, pharmaceutical,
keluli, completeness transportation, and textiles.
In 2006, export
value is budgeted at U.S. $ 112 billion of imports and also about U.S. $187.9
billion. Textile, boxed goods, and perisian kejuruteraan results are
commodities whose main export. Crude oil, wheel, steel, and chemicals also a
major import. Rakan India trade is the most tuama Syarikat American, European
unity, China, and the United Arab Emiriah. in recent years, India has taken the
opportunity to bunch the people are highly educated and fluent in Englis , as
well as experts trained to serve important source destination for multinational
corporations and is also a popular destination for beach resort of change.]
India has also become a major country exporting perisian, investigations, and
technology. Natural resources including land originally finished plant,
bauxite, chromite, coal, diamonds, iron ore, limestone, manganese, mica ,
original gas, petroleum, and titanium ore. Meanwhile India
government believes economic growth will accelerate to 6.4 percent in the
financial year 2013-2014, compared to the estimated 5 percent expansion in the
previous fiscal year. "The economy
has bottomed out and we will achieve a higher growth of 6.4 percent in the
current financial year," said Chairman of the Economic Advisory Council of
Indian Prime Minister, C Rangarajan told a news conference, as quoted from the
Deccan Herald, Tuesday (23/4 / 2013). Rangarajan
explained, growth in the agricultural sector is likely to increase to 3.5
percent in 2013-2014, compared to 1.8 percent growth forecast for the fiscal
year ended March 31, 2013.
Growth in the manufacturing sector is also likely to
rise to 4 per cent in the current financial year compared with 3.1 percent in
the previous year. The services sector is expected to grow by 7.7 per cent in
2013-2014 compared to the projected growth of 6.6 percent prior fiscal year.
resource : http://ekbis.sindonews.com/read/2013/04/23/35/741209/india-yakin-ekonomi-2013-2014-akan-tumbuh-6-4
