A Reassessment of Indonesian Economic Development: From Chronic Drop-out to Shy Come-out


Monday, March 28, 2011, 4:15pm to 5:30pm


124 Mt. Auburn Street, Suite 100, Cambridge, MA

Arianto A. Patunru, Universitas Indonesia

About the Seminar
More than four decades ago Indonesia’s economy was so bleak, it was dubbed as a “chronic drop-out.” But then it rose up very impressively to become one of the “East Asian miracles.” It maintained reasonably high growth in three decades until the Asian financial crisis broke out. Again, it bounced back and even appeared resilient when the recent global financial crisis came. However, despite the commendable progress, its growth seems to be hindered by constraints on the supply side. At this seminar, Indonesian Economist Arianto A. Patunru, director of the Institute for Economic and Social Research, Department of Economics, Universitas Indonesia assesses the structural change that has taken place and briefly reviews the social development, ie. poverty, unemployment, and inequality issues.

This event is sponsored by the HKS Indonesia Program at the Ash Center.