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Educational Development News Blog

Tuesday, September 28, 2004

World Bank Criticizes Policy Implementation in Indonesia

The Jakarta Post reports that the World Bank's World Development Report 2005 cites Indonesia as a country that is "poor at implementing and drawing up policies." In an insecure economic climate, businesses are hesitant to invest which means lower tax revenues. Lower tax revenues mean less ability to contribute to the public health and education systems. Specifically the Indonesian government--with a new president about to be instated--needs to focus on corruption. Improvement of policies could increase the likelihood of investment by as much as 30%.

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