Globalization and the Indonesian Economy
Globalisation refers to the increasing economic integration between countries leading to the emergence of a global market place and customisation of goods, services and technology. Indonesia is the world's fourth most populous nation and the anchor of Southeast Asia politically and economically. The country has a strategic location, a large labor force earning relatively low wages, and abundant natural resources.
Globalisation has introduced a series of structural adjustments to Indonesia's economy through liberalisation, marketisation, deregulation, and privatisation.…
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