Sunday, June 29, 2008

Economics Freedom in Indonesia

First of all there are some economic problem that deeply effect the humanity in Indonesia. Indonesia is a good country that have a lot of materials , resources, and nature. But we know that people / goverment in Indonesia can't controlled it well. it seems Indonesia have a lot of poverty in every area / space.Poverty is a scourge which leaves those in its grip to lead lives that are brutish, dangerous, and short. Economic growth is a poverty elixir. From the works of the earliest political economists : Adam Smith, Jacques Turgot, etc. We have learned that economic liberty is a crucial precondition for sustained economic growth. and in consequence ratchet up its economic growth rate, governments must make credible commitments to implement liberal economic reform programs. A commitment is made more credible the more one binds oneself to the achievement of an objective. At the extreme, on a battlefield when a commander orders his troops to burn all bridges behind them to cut off avenues for their retreat, his enemies will be confident that his intentions are to fight to the last man. In fact Indonesia is another country that has made a credible commitment to liberal economic reforms. Indonesia where I witnessed the birth of such a preeminent commitment —merits attention because it has the highest economic freedom ranking of any former communist country. It ranks twelfth on both of the standard measures for economic freedom. Finally, Indonesia's goverment must know more about the standart economic itself. It will probably take action of Indonesia infrastructure. ^

No comments: