Pulling It All Together – International Expansion

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3. Economic and Commercial Factors:

Indonesia, a vast polyglot nation, has grown strongly since 2010. During the global financial crisis, Indonesia outperformed its regional neighbors and joined China and India as the only G20 members posting growth. The government has promoted fiscally conservative policies, resulting in a debt-to-GDP ratio of less than 25% and historically low rates of inflation. Fitch and Moody's upgraded Indonesia's credit rating to investment grade in December 2011. Indonesia still struggles with poverty and unemployment, inadequate infrastructure, corruption, a complex regulatory environment, and unequal resource distribution among regions. The government also faces the challenges of quelling labor unrest and reducing fuel subsidies in the face of high oil prices. GDP (purchasing power parity):$1.285 trillion (2013 est.)country comparison to the world: 16 $1.22 trillion (2012 est.)

The majoy Industries is petroleum and natural gas, textiles, automotive, electrical appliances, apparel, footwear, mining, cement, medical instuments and appliances, handicrafts, chemical fertilizers, plywood, rubber, processed food, jewelry, and tourism. Exports:$178.9 billion (2013 est.) country comparison to the world: 29 $187.3 billion (2012 est.)

Exports - commodities:

oil and gas, electrical appliances, plywood, textiles, rubber

Exports - partners:

Japan 15.9%, China 11.4%, Singapore 9%, South Korea 7.9%, US 7.8%, India 6.6%, Malaysia 5.9% (2012)

Imports:

$178.6 billion (2013 est.)

country comparison to the world: 28

$178.7 billion (2012 est.)

Imports - commodities:

machinery and equipment, chemicals, fuels, foodstuffs

Imports - partners:

China 15.3%, Singapore 13.6%, Japan 11.9%, Malaysia 6.4%, South Korea 6.2%, US 6.1%, Thailand 6% (2012)

Work cited

"BUSINESS ETHICS IN INDONESIA." BUSINESS ETHICS IN INDONESIA. N.p., n.d. Web. 23 Mar. 2015.

"Steps to Take for Employees Who Need to Be Reprimanded." Work. N.p., n.d. Web. 23 Mar. 2015.

"How to Motivate Your Employees." WikiHow. N.p., n.d. Web. 23 Mar. 2015.

Central Intelligence Agency. Central Intelligence Agency, n.d. Web. 19 Mar. 2015.

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