10/11/2010

Indonesia Becoming an Economic Power - Follow up

After getting the global idea and as many details as possible, please fill in the blanks while watching the video again

An ………………………………………………… manufacturing base, an ……………………………………… of natural resources, a …………………………………. domestic market, a …………………………………….financial sector and a …………………………………………………..political climate all contribute to make Indonesia's economy one of the strongest in the world.

Milan Zavadjil the International Monetary Fund's representative in Indonesia, says it ……………………………………………………………………………….. China and India in attracting foreign investment.

"Various investor ……………………………………………………. have it jumping up the rankings. And an interesting ………………………………………..puts it as the fourth most likely place for investment over the ………………………………………………. years among emerging markets."

For investors, ……………………. year's ……………………………………………….. presidential election is seen as ushering in a new era of political stability and optimism……………………………………………. the bombings of two Jakarta hotels in July of 2009, government efforts to prevent terrorism have …………………………………………….. the business community.

Indonesian Finance Minister Agus Martowardojo says the government's conservative fiscal policies protect investments ……………………………………………………………… inflation.

"Most important we would like to ……………………………………………… our budget. Yes, we will provide stimulus but we will not have a budget deficit of more than 1.7 percent. And I believe that is the ………………………………………………………… of Indonesia."

Free trade agreements with China and other Asian countries have increased ……………………………………………….. -And in some industries, such as ……………………………………………………………….manufacturing, companies are moving factories from China to Indonesia.

But ………………………………………………………… the free trade policies. Baso Rukmana, head of Indonesia's National Workers Union, says ……………………………………………………… for Indonesian companies to compete in part because of corruption

Some surveys of business managers show corruption ……………………………………………………… here. ………………………………………………………, the IMF's Zavadjil says it is ……………….. than in some other countries.

…………………………………………. Indonesia's stock market is at record levels, the finance minister ………………………………. there is …………………………………. the economy will ……………………………………….. He says, and many economists agree, the country is …………………………………………………….to see annual growth of ……………………………. percent for the next few years.