East Java Growth Diagnostic
East Java Growth Diagnostic
East Java is the second largest contributor to Indonesia's economy with a growth rate similar to national level and other major provinces in Java. Nevertheless, for a province that is expected to be a major economic center in the country, there has been very little change in the region's economic structure in the past 10 years. Since 1995, the share of industry and agriculture in the economy is almost unchanged. Furthermore, the growth in both of these two sectors has been low, despite the fact that industry was once the main driver of the East Java economy. This report analyzing the economic conditions of East Java shows that the province offer many economic advantages for investors, such as its geographical location, adequate credit facilities, an abundant and competitively priced workforce, conducive security conditions, and an overall robust macroeconomic condition. The report also finds a number of constraints that, if prioritized and effectively addressed, could boost East java's growth rate to higher level. The main binding constraints to growth in East Java are infrastructure, particularly related to business operations, and the business climate.
- World Bank United States
GROWTH RATES, PRIVATE INVESTMENT, EDUCATIONAL OPPORTUNITIES, EMPLOYMENT OPPORTUNITIES, CREDIT GUARANTEE, DEPOSIT, INFLATION, MICRO FINANCING INSTITUTIONS, EXTERNALITIES, LAND ISSUES, MINIMUM WAGES, UNEMPLOYMENT, INCOME, EXPORT GROWTH, ECONOMIC ADMINISTRATION, UNEQUAL DISTRIBUTION, LABOR PRODUCTIVITY, POLICY OPTIONS, MUNICIPALITIES, COMPETITIVENESS, URBANIZATION, POVERTY RATES, EQUALITY OF OPPORTUNITY, BUSINESS OWNERS, INDUSTRIAL DEVELOPMENT, PER CAPITA INCOME, FARMERS, SKILLED WORKERS, TECHNOLOGICAL CHANGE, DISTRICT GOVERNMENTS, ECONOMIC SECTORS, HIGH GROWTH RATE, INTERNATIONAL FINANCE, ECONOMIC OPPORTUNITIES, PROPERTY RIGHTS, RURAL POOR, OPTIMIZATION, REGIONAL ACCOUNTS, BUSINESS ENTERPRISES, ELASTICITY, INDUSTRIALIZATION, CREDIT ALLOCATION, STRUCTURAL CHANGE, POVERTY REDUCTION, WORKING CAPITAL, ANNUAL GROWTH, MINIMUM WAGE, HIGH GROWTH, FIXED CAPITAL, INFORMATION ON INVESTMENT, PHYSICAL CAPITAL, PRODUCTIVITY GROWTH, EMPOWERMENT, UNIVERSAL ACCESS, URBAN POVERTY, EMPLOYEE, GDP, REGISTRATION PROCESS, EMPLOYMENT STATUS, TRAINING CENTER, URBAN POOR, GREATER ACCESS, AVERAGE GROWTH, EXPORTS, PAWNSHOPS, UNSKILLED LABOR, UNEMPLOYMENT RATE, VILLAGES, SUSTAINABLE GROWTH, FINANCIAL SYSTEM, FINANCIAL INSTITUTIONS, HEALTH CARE, ECONOMIC ACTIVITIES, HOUSEHOLDS, DIVERSIFICATION, INVESTMENT RATE, PER CAPITA GROWTH, LAND REGISTRATION, LOAN, ECONOMIC STRUCTURE, FINANCIAL RESOURCES, MARKET FAILURES, EDUCATION LEVEL, COOPERATIVES, ECONOMIC SIZE, LABOR MARKETS, ENROLLMENT, DEVELOPMENT BANK, FOREIGN INVESTMENT, ECONOMIC ANALYSIS, ECONOMICS, CORRUPTION, EDUCATED WORKERS, CAPITAL FORMATION, POVERTY LINE, TRANSPORT, CPI, USER CHARGES, ENROLMENT RATE, ECONOMIC PERFORMANCE, AVERAGE GROWTH RATE, HIGH CONCENTRATION, POOR POPULATION, ECONOMIC GROWTH, EMPLOYERS, GROSS DOMESTIC PRODUCT, URBAN AREA, EMPLOYMENT GROWTH, PRIVATE INVESTMENTS, TRAINING CENTERS, TERMS OF TRADE, BANK OF INDONESIA, TECHNICAL ASSISTANCE, MICRO FINANCING, POPULATION GROWTH, CREDIT BANK, BUSINESS ASSOCIATION, ECONOMIC CRISIS, FINANCIAL CRISIS, ENROLMENT RATES, OIL, ABSOLUTE TERMS, AGRICULTURAL PRODUCTIVITY, BANK OFFICIALS, MARKET CONSTRAINTS, RAPID GROWTH, BANK OFFICE, 330, MFI, PRIMARY EDUCATION, CAPITAL INVESTMENT, GUARANTEE SCHEME, INVESTMENT OPPORTUNITIES, INTERMEDIATE GOODS, ELEMENTARY SCHOOL, GROWTH PROCESS, WAGES, RURAL AREAS, RURAL POVERTY, GROWTH PERFORMANCE, NET EXPORTS, LABOR MARKET, REGISTRATION PROCESSES, SAFETY NET, GDP PER CAPITA, UNEQUAL ACCESS, DEBT, FACILITATION, MACROECONOMIC ENVIRONMENT, EDUCATIONAL ATTAINMENT, LABOR MOBILITY, MFIS, CREDITS, LAND SUPPLY, EQUALITY, ECONOMIC DEVELOPMENT, ACCESS TO FINANCE, AUTONOMY, CENTRAL BANK, AGRICULTURE, PRIVATE CONSUMPTION, DATA ISSUES, INVESTMENT CLIMATE, ECONOMIC ACTIVITY, SELF EMPLOYMENT, ACCESS TO MARKETS, FOREIGN EXCHANGE, INCOME DISTRIBUTION, MICRO ENTERPRISES, ACCESS TO EDUCATION, WOMAN, MICRO CREDIT, FARMER, BENCHMARK, VILLAGE, LOCAL GOVERNMENTS, HUMAN CAPITAL, INSURANCE, SOCIAL DEVELOPMENT, LOW ENTRY BARRIERS, AGRICULTURAL SECTOR, BUSINESS ACTIVITY, INEFFICIENCY, ACCESS TO CREDIT, GROWTH RATE, COMMERCIAL BANKS, VENTURE CAPITAL, COST OF CREDIT, GROWTH POLICY, GROWTH PATTERN, LIMITED ACCESS, BANK INDONESIA, POVERTY LEVELS, POOR HOUSEHOLDS, MICRO FINANCING INSTITUTION, DEVELOPMENT INDICATORS, JOB CREATION, LABOR FORCE, ENTREPRENEURSHIP, FINANCIAL SUPPORT, SAVINGS, ADB, HEALTH SERVICES, PUBLIC WORKS, URBAN AREAS, INTEREST RATE, POVERTY RATE, EXPENDITURE
GROWTH RATES, PRIVATE INVESTMENT, EDUCATIONAL OPPORTUNITIES, EMPLOYMENT OPPORTUNITIES, CREDIT GUARANTEE, DEPOSIT, INFLATION, MICRO FINANCING INSTITUTIONS, EXTERNALITIES, LAND ISSUES, MINIMUM WAGES, UNEMPLOYMENT, INCOME, EXPORT GROWTH, ECONOMIC ADMINISTRATION, UNEQUAL DISTRIBUTION, LABOR PRODUCTIVITY, POLICY OPTIONS, MUNICIPALITIES, COMPETITIVENESS, URBANIZATION, POVERTY RATES, EQUALITY OF OPPORTUNITY, BUSINESS OWNERS, INDUSTRIAL DEVELOPMENT, PER CAPITA INCOME, FARMERS, SKILLED WORKERS, TECHNOLOGICAL CHANGE, DISTRICT GOVERNMENTS, ECONOMIC SECTORS, HIGH GROWTH RATE, INTERNATIONAL FINANCE, ECONOMIC OPPORTUNITIES, PROPERTY RIGHTS, RURAL POOR, OPTIMIZATION, REGIONAL ACCOUNTS, BUSINESS ENTERPRISES, ELASTICITY, INDUSTRIALIZATION, CREDIT ALLOCATION, STRUCTURAL CHANGE, POVERTY REDUCTION, WORKING CAPITAL, ANNUAL GROWTH, MINIMUM WAGE, HIGH GROWTH, FIXED CAPITAL, INFORMATION ON INVESTMENT, PHYSICAL CAPITAL, PRODUCTIVITY GROWTH, EMPOWERMENT, UNIVERSAL ACCESS, URBAN POVERTY, EMPLOYEE, GDP, REGISTRATION PROCESS, EMPLOYMENT STATUS, TRAINING CENTER, URBAN POOR, GREATER ACCESS, AVERAGE GROWTH, EXPORTS, PAWNSHOPS, UNSKILLED LABOR, UNEMPLOYMENT RATE, VILLAGES, SUSTAINABLE GROWTH, FINANCIAL SYSTEM, FINANCIAL INSTITUTIONS, HEALTH CARE, ECONOMIC ACTIVITIES, HOUSEHOLDS, DIVERSIFICATION, INVESTMENT RATE, PER CAPITA GROWTH, LAND REGISTRATION, LOAN, ECONOMIC STRUCTURE, FINANCIAL RESOURCES, MARKET FAILURES, EDUCATION LEVEL, COOPERATIVES, ECONOMIC SIZE, LABOR MARKETS, ENROLLMENT, DEVELOPMENT BANK, FOREIGN INVESTMENT, ECONOMIC ANALYSIS, ECONOMICS, CORRUPTION, EDUCATED WORKERS, CAPITAL FORMATION, POVERTY LINE, TRANSPORT, CPI, USER CHARGES, ENROLMENT RATE, ECONOMIC PERFORMANCE, AVERAGE GROWTH RATE, HIGH CONCENTRATION, POOR POPULATION, ECONOMIC GROWTH, EMPLOYERS, GROSS DOMESTIC PRODUCT, URBAN AREA, EMPLOYMENT GROWTH, PRIVATE INVESTMENTS, TRAINING CENTERS, TERMS OF TRADE, BANK OF INDONESIA, TECHNICAL ASSISTANCE, MICRO FINANCING, POPULATION GROWTH, CREDIT BANK, BUSINESS ASSOCIATION, ECONOMIC CRISIS, FINANCIAL CRISIS, ENROLMENT RATES, OIL, ABSOLUTE TERMS, AGRICULTURAL PRODUCTIVITY, BANK OFFICIALS, MARKET CONSTRAINTS, RAPID GROWTH, BANK OFFICE, 330, MFI, PRIMARY EDUCATION, CAPITAL INVESTMENT, GUARANTEE SCHEME, INVESTMENT OPPORTUNITIES, INTERMEDIATE GOODS, ELEMENTARY SCHOOL, GROWTH PROCESS, WAGES, RURAL AREAS, RURAL POVERTY, GROWTH PERFORMANCE, NET EXPORTS, LABOR MARKET, REGISTRATION PROCESSES, SAFETY NET, GDP PER CAPITA, UNEQUAL ACCESS, DEBT, FACILITATION, MACROECONOMIC ENVIRONMENT, EDUCATIONAL ATTAINMENT, LABOR MOBILITY, MFIS, CREDITS, LAND SUPPLY, EQUALITY, ECONOMIC DEVELOPMENT, ACCESS TO FINANCE, AUTONOMY, CENTRAL BANK, AGRICULTURE, PRIVATE CONSUMPTION, DATA ISSUES, INVESTMENT CLIMATE, ECONOMIC ACTIVITY, SELF EMPLOYMENT, ACCESS TO MARKETS, FOREIGN EXCHANGE, INCOME DISTRIBUTION, MICRO ENTERPRISES, ACCESS TO EDUCATION, WOMAN, MICRO CREDIT, FARMER, BENCHMARK, VILLAGE, LOCAL GOVERNMENTS, HUMAN CAPITAL, INSURANCE, SOCIAL DEVELOPMENT, LOW ENTRY BARRIERS, AGRICULTURAL SECTOR, BUSINESS ACTIVITY, INEFFICIENCY, ACCESS TO CREDIT, GROWTH RATE, COMMERCIAL BANKS, VENTURE CAPITAL, COST OF CREDIT, GROWTH POLICY, GROWTH PATTERN, LIMITED ACCESS, BANK INDONESIA, POVERTY LEVELS, POOR HOUSEHOLDS, MICRO FINANCING INSTITUTION, DEVELOPMENT INDICATORS, JOB CREATION, LABOR FORCE, ENTREPRENEURSHIP, FINANCIAL SUPPORT, SAVINGS, ADB, HEALTH SERVICES, PUBLIC WORKS, URBAN AREAS, INTEREST RATE, POVERTY RATE, EXPENDITURE
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