Indonesia - Asia’s Stumbling Giant 1. What Political factors explain Indonesia’s poor economic performance? What economic factors? Are these two related? Political factors are corruption and red tape‚ absolutism and crony capitalism. Economic factors are poor infrastructure and fleeing of foreign companies from the country decreasing the foreign investments in the country and increasing the unemployment rate in the country. The political and economic factors that hinder growth in Indonesia
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Case 1 Analysis: Indonesia – Asia’s Stumbling Giant Case 1 Analysis: Indonesia – Asia’s Stumbling Giant Indonesia as a Country Indonesia is a country within Asia populated with nearly 220 million people. It has a strategic location astride major sea lanes and is an archipelago of 17‚508 islands (globalEDGE‚ 2013). It is also deemed the world’s most Muslim nation where nearly 85% of the population consider themselves Muslim; while still remaining one of the most ethnically diverse countries
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Giants in Asia Stacy Robinson Introduction to International Marketing Individual Work – Week 9 March 15‚ 2013 Why do you think hypermarkets are more common in some countries than others? Hypermarkets are the combination of a department store and a grocery store. This model of a big-box store offers a large variety of products under one roof to the shoppers. Hypermarkets focus on high volume of sales meanwhile incorporating a low-margin. In order to accommodate that sort of business model
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CASE ANALYSIS: INDONESIA-THE TROUBLED GIANT I. Time Context Indonesia is a large country in the Southeast Asia. It has been in steady growth economically under the leadership of Suharto but experiencing unfair treatment by the government as the president favors those of his colleagues in many aspects. Due to Asians financial crisis debt of considerable value has been incurred and lead to economic downturn. Recovery was in 2004‚ upon inauguration of a democratic president but wasn’t enough to answer
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Indonesia - The Troubled Giant Indonesia is a vast country. Its 220 million people are spread out over some 17‚000 islands that span an arc 3‚200 miles long from Sumatra in the west to Irian Jaya in the east. It is the world’s most populous Muslim nation - some 85 percent of the population count themselves as Muslims -but also one of the most ethnically diverse. More than 500 languages are spoken in the country‚ and separatists are active in a number of provinces. For 30 years this sprawling
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Indonesia: The Troubled Giant Question 1: What political factors explain Indonesia’s poor economic performance? What economic factors? Are these two related? The impeachment of the Indonesian dictator Suharto is widely considered one of the most exciting political happenings of recent years. Indonesia is the world’s fourth biggest country‚ with a population of 202 million people; Suharto had ruled the country with an iron fist for about 32 years. The fact that his absolute
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Suharto‚ after 30 years in office left Indonesia an economic wreck. Internal dissent was suppressed. He also used “crony capitalism” to advance his family’s businesses and friends’ as well. 1997 marked the bottom for Indonesia and the International Monetary Fund gave Indonesia $43 billion. Of course Suharto took this money for personal gain. The political and economic factors were caused by Suharto. 2. Why do you think foreign firms have been exiting Indonesia in recent years? What are the implications
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Bibliography Gilbert‚ D. (2006) Stumbling on Happiness. New York‚ New York: Alfred A. Knopf About the author: Daniel Gilbert was born on November 5‚ 1957. He was a high school drop out at age 19 who was interested in writing. He started at a community college taking creative writing classes. He later went on to receive a bachelor of arts in psychology from the University of Colorado Denver in 1981 and a Ph. D. in social psychology from Princeton University in 1985. He is currently a professor
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be difficult to make good decisions in the present moment. Imagining about the future might bring happiness at the moment‚ but in reality it only disturbs the present moment and the process of making good decisions. Daniel Gilbert‚ the author of Stumbling on Happiness‚ says that there are three major reasons that listening to others is better than imagining about the future is that imaginations fill in the memories of the past. The second reason was that the emotions that one feels in the present
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Note: You are not to answer the questions at the end of the case. However‚ the questions should help you formulate where your thinking should be taking you during your analysis based on international business theory. Indonesia—Asia’s Stumbling Giant Indonesia is a vast country. Its 220 million people are spread out over some 17‚000 islands that span an arc 3‚200 miles long from Sumatra in the west to Irian Jaya in the east. It is the world’s most populous Mus- lim nation—some 85 percent
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