.
Evaluation:
Published: 07.05.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Globalization and the Indonesian Economy', 1.
  • Essays 'Globalization and the Indonesian Economy', 2.
  • Essays 'Globalization and the Indonesian Economy', 3.
Extract

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.…

Atlants