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PR Checker

11.14.2011

Indonesia Must Anticipate The Crisis of Europ


Impact of global crisis that took place in Europe and the United States estimated to be more flat than the crisis of 2009 and will not be felt immediately. But the export players should look at the situation in Indonesia is because the crisis is expected to last much longer,

Assessment was delivered from Bank Danamon chief economist Anton Gunawan, in seminars Against Impact of Global Economic Uncertainty Economy Indonesia, at the Hotel Nikko, Jakarta, Tuesday, November 15, 2011.

Anton explained that triggered global crisis due to financial conditions in the European Union and the United States, will be felt for the domestic industry that directly exporting commodities to countries affected by the crisis.

"The most secure is an industry that used to meet domestic demand," he said.

In the 2008-2009 crisis past, continued Anton, a few things that make Indonesian exports can be quite good because of Indonesia's export markets more devoted to China, South Korea, and India. Conditions that make the volume of trade growth remains positive. "Volume growth was positive we are, although values ​​down," he said.

Export achievement was mainly due to the economy of China, Korea and India are relatively still pretty good. In addition, commodity exports are directed to the destination country are mostly primary commodity products.

"Primary commodities is not widely used for Chinese exports to Europe. If Europe collapses and China's exports to Europe slowed down, but our exports to China remain as it is used its domestic consumption," said Anton

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