Global reform of trade policy will reduce poverty?

September 11th, 2010 | Posted by iip in Business - (Comments Off)

A new working paper published by WorldBank assessed how global reform of trade policy has relation with poverty reduction in Indonesia. The author, Peter Warr from Australian National Universty (ANU), argues the global reform in all commodities is a significant potential source of poverty reduction for Indonesia.

According to Warr, the poor –rural and urban—have a strong interest in global trade policy reform. If Indonesia were to liberalize unilaterally, poverty incidence also would decline but the effect is small. If liberalization is confined to agricultural products, the effects are similar but the declines in poverty incidence within Indonesia are much smaller.

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Approved financing package worth US$ 225 million has been setup to assist Indonesia to meet its growing electricity demand. This financing also provided to make electricity supplies in Java and south-central Sumatra more rialiable. It is expected that the projets will benefit over 56 million people in Java and Sumatra as well as supporting economic growth over the medium to long term.

According to Chris Hoban, Acting Country Director for the World Bank in Indonesia, “A reliable and sustainable supply of electricity is essential for Indonesia to realize its potential as a large middle-income economic power. At present however, Indonesia’s economy is growing at a pace that  exceeds its ability to provide electricity. To keep up with demand, electrification rates would need to grow at a rate of around seven percent per year.”

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Indonesia’s biodiversity at a glance

January 12th, 2010 | Posted by iip in Earth - (18 Comments)

The rich of biodiversity in Indonesia is known as largest in the world along with Brazilian’s tropical forests. Both of countries are facing deforestation effects as the agriculture lands expand rapidly. Deforestation become the most dangereous threaten to Indonesia’s biodiversity.

Indonesia’s biodiversity will be gone in 30 years, says GPF in a 2002 report. Below, GPF describes the Indonesia’s biodiversity:

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