scholarly journals QUARTERLY ANALYSIS: The Progress of Monetary, Banking and Payment System, First Quarter – 2013

2013 ◽  
Vol 15 (4) ◽  
pp. 319-320
Author(s):  
Author Team of Quarterly Report Bank Indonesia

Indonesia’s economy in the first quarter 2013 growth slowed compared to the previous quarter. Economic growth stood at 6.02% (yoy), lower than the previous quarter grew by 6.11% (yoy). A source of slowing growth came from domestic demand amid declining export performance. Slowing growth in household consumption was due to the decrease in purchasing power as a result of an increase in inflationary pressures, especially food. In addition, government consumption growth is relatively low, due to the limited uptake of spending, especially spending on goods. A decline also occurred in investment performance, particularly non-construction that is influenced by limited domestic and international demand outlook. Decline in investment performance is in line with the decline in business optimism. In non-construction investment, there is reduced performance in machinery investment, in line with the slowdown in the imports of capital goods. In contrast, exports showed improvement, supported by strengthening expectations of global economic recovery and rising volume of world trade. Response to slowing domestic demandsaw a contraction in imports. Sources of downward import pressure are from the imports of raw materials and capital goods, mainly raw materials for the industrial and passenger vehicle industry which has seen a slowdown and moderation in response to motor vehicle sales.

2013 ◽  
Vol 15 (3) ◽  
pp. 1-2
Author(s):  
Author Team of Quarterly Report Bank Indonesia

Indonesia’s economic growth in the fourth quarter 2012 was still going strong, although it was slower than the previous quarter. Indonesia’s economic growth in the fourth quarter of 2012 reached 6.11%, while for the whole of 2012 it reached 6.23%. Good economic growth was supported by quite strong domestic demand. Consumption and investment performance still grew strong during this quarter, though it was moderate compared with the previous period. Export performance began to show improvement in line with the economic recovery in some major trading partner countries. Imports recorded a high growth along with the strong domestic demand. Looking ahead, for the whole of 2013, economic growth is expected to reach the range of 6.3% - 6.8%.


Author(s):  
S. Solodovnikov

The article reveals the factors that determine the need to expand the Belarusian-Romanian technological cooperation in the context of the new industrialization of the two countries, namely: the change in the dynamics of foreign trade under the influence of the growing domestic demand of developing countries; reducing the share of intermediate goods and services in international trade; the growing impact of new and emerging technologies on world trade; the need for a new industrialization within the social paradigm Industry 4.0; an unprecedented degree of concentration in several countries of the most important raw materials required for the modern stage of industrialization; an unprecedented rise in global social inequality.


1998 ◽  
Vol 165 ◽  
pp. 35-42
Author(s):  
Nigel Pain

Developments in the Asian economies have clearly begun to be felt in the wider global economy in recent months. It has always been expected that the OECD economies would be affected by the aftermath of the capital market turmoil last year, although the timing and magnitude of the impact was difficult to predict. Domestic demand in the affected Asian economies has proved much weaker than expected, with the effects magnified by a continued downturn in Japan. GDP fell by 5¾ per cent in Korea in the first quarter of this year and by 1¼ per cent in Japan. The aggregate volume of merchandise imports in Asia is expected to decline by around 5½ per cent this year, with falls of up to 25 per cent in countries such as Korea, Thailand and Indonesia. This largely accounts for our projected decline in world trade growth to under 6 per cent this year from an estimated 9¾ per cent in 1997.


Significance The proposals identified areas where the euro could potentially become more dominant, such as the issuance of green bonds, digital currencies, and international trade in raw materials and energy. Ambitions to enhance the international leverage of the euro are being driven by the aim to strengthen EU strategic autonomy amid rising geopolitical risks. Impacts Developing its digital finance sector would be an opportunity for the EU to enhance its strategic autonomy in financial services. Challenging the US dollar would require the euro-area to rebalance its economy away from foreign to domestic demand. Member state division will prevent the economic reconfiguration the euro-area needed to make the euro a truly global currency.


2020 ◽  
Vol 2 (2) ◽  
pp. 18-38
Author(s):  
Mohammad Fachrudin ◽  
Indah Puspitasari

The Import Facility for Export Purpose (KITE) is the Government's effort to encourage export performance. Companies that receive the KITE facility obtain fiscal incentives and export their product to import raw materials. The textile and textile product (TPT) industry is a strategic industry and has been determined by the Government as a pilot industry in the Roadmap for Making Indonesia 4.0. The textile industry relies on imported raw materials, so that the KITE facility is needed to encourage growth and increase product competitiveness in the international market. This study aims to determine the effect of the KITE facility, the rupiah exchange rate against the U.S. dollar, and the inflation rate on Indonesia's textile exports. We used a sample of 37 industrial textile companies in Indonesia that received the KITE facility  2016 to 2018. This study uses a panel data regression model with independent variables: KITE facility, exchange rates, inflation, and exported dependent variable. The results showed that the KITE facility had a positive and significant effect on the textile industry exports. In contrast, the exchange rate and inflation had a negative and significant impact on Indonesia's textile industry exports. This study's implications for the Government can be used to formulate a national strategy to increase export.


2020 ◽  
Author(s):  
Purwo Subekti

This researchs aims to to find out about the potential of palm oil as a raw material of foam firefighting peat fires in Indonesia.By using the method of literature approach to previous researchers, can be in the know that the vegetable raw materials with thepotential to be developed in Indonesia as a raw material of foam extinguishing peat fires is palm oil. In addition to theavailability of environmentally friendly palm oil is also guaranteed and sustained since 2015, Indonesia produced palm oil andits derivatives amounted to 32.5 million tons, to meet the domestic demand of 18.77% while exports amounted to 81.23%..Utilization of palm oil as a raw material foam fire extinguisher is one form of support to the Indonesian government in order toincrease the downstream and value-added palm oil products as well as reduce the level of risk of peat fires


Author(s):  
Keith Friedman ◽  
Khanh Bui ◽  
John Hutchinson

Vehicle door latch performance testing presently utilizes uniaxial quasi-static loading conditions. Current technology enables sophisticated virtual testing of a broad range of systems. Door latch failures have been observed in vehicles under a variety of conditions. Typically, these conditions involve multi-axis loading conditions. The loading conditions presented during rollovers on passenger vehicle side door latches have not been published. Rollover crash test results, rollover crashes, and physical Federal Motor Vehicle Safety Standard (FMVSS) 206 latch testing results are reviewed. The creation and validation of a passenger vehicle door latch model is described. The multi-axis loading conditions observed in virtual rollover testing at the latch location are characterized and applied to the virtual testing of a latch in the secondary latch position. The results are then compared with crash test and real world rollover results for the same latch. The results indicate that a door latch that meets the secondary latch position requirements may fail at loads substantially below the FMVSS 206 uniaxial failure loads. In the side impact mode, risks associated with door handle designs and the potential for inertial release can be considered prior to manufacturing with virtual testing. An example case showing the effects of material and spring selection illustrates the potential issues that can be detected in advance of manufacturing. The findings suggest the need for re-examining the relevance of existing door latch testing practices in light of the prevalence of rollover impacts and other impact conditions in today's vehicle fleet environment.


Author(s):  
Andrew Marks

Trade liberalization has played a pivotal role in improving the export orientation of the various Australian manufacturing industries (at the two-digit level) in the period 1974/75-2000/01. However, those industries subjected to industry-specific assistance measures — for example, the textile, clothing and footwear and the machinery and equipment industries (motor vehicle industry component) — have exhibited a superior export-oriented performance. The important lesson emanating from this result for the information technology sector is that although it is also subjected to these measures, their expansion can help alleviate the weak and stagnant export performance in information technology goods thereby helping to combat the projected large balance of trade deficit. Moreover, stronger output and employment growth will arise because of the significant contribution of these goods to the economy.


1988 ◽  
Vol 19 (1) ◽  
pp. 39-43
Author(s):  
P. J. Du Plessis ◽  
C. Boshoff

A number of studies revealed that the role of women both as influencer and independent decision-maker is becoming increasingly important in the buying decision involving the purchase of a passenger vehicle. In today's highly competitive South-African motor vehicle market it is becoming vital that motor manufacturers pay greater attention to market needs - specially with regard to important market segments. This study analyses certain aspects of the market segment consisting of women. The null-hypothesis this study tested was that there are no differences between male and female consumers pertaining to the relative importance of evaluation criteria, when purchasing a passenger vehicle. By means of analysis of variance it was established that there are significant differences (P0,01) between men and women with regard to 15 of the 65 evaluation criteria. It was also found that there are 50 insignificant differences between the two groups. The hypothesis, as formulated is thus rejected, with regard to 15 of the evaluation criteria, in favour of the alternate hypothesis.


Author(s):  
Rambod Behboodi

SummaryThe disputes between Canada and Brazil over subsidies to the regional aircraft industry were the first cases under Part II (covering prohibited subsidies) of the Agreement on Subsidies and Countervailing Duties (SCM Agreement) of the World Trade Organization (WTO). The PROEX case, involved the scope of the concept of “special and differential treatment” under Article 27 of the SCM Agreement, and the interpretation of the first paragraph of Item (k) of the Illustrative List of Export Subsidies as set out in Annex I to the SCM Agreement. The Canada — Aircraft case involved, for the first time, Article 1 of the SCM Agreement, which defines what practices constitute a subsidy, and Article 3, which prohibits subsidies “contingent, in law or in fact, upon export performance.” The case also dealt with important procedural issues relating to WTO dispute settlement. The author reviews critically these decisions with respect to both substantive and procedural issues.


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