Half a Century of Indonesian Economic Development: Trends, Conjectures, Questions
The SMERU Research Institute is honored to have Professor Hal Hill (Australian National University) on 27 August 2018 as he gave a public lecture on "Half a Century of Indonesian Economic Development: Trends, Conjectures, Questions".
The event was attended by 72 participants, consisting of alumni of ANU as well as representatives from the Ministry of Finance, the National Team for the Acceleration of Poverty Reduction, Indonesian Institute of Sciences, Australian Embassy, Presidential Advisory Council, Presidential Staff Office, etc.
On the occasion, Prof. Hal Hill highlighted that Indonesia has shown moderately strong economic growth in the last 50 years, but about 2% point’s slower growth since 2000. One of the major changes is the transition from industry to services. The focus of agricultural policies has also turned to strong pro-agricultural productivity under Soeharto. Since then, policies have been more about price interventions and rents.