Minggu, 04 Mei 2014

Weaknesses of Indonesian Economic



Chamber of Indonesia Commerce and Industry (Kadin) declared Indonesian economy that is actually very promising for both domestic and foreign investors. However, there are still weaknesses seeing by Kadin of the economy that need to be addressed. Vice Chairman of Kadin Indonesia, Novian Anindya Bakrie said, promising Indonesian economy is evidenced by incoming investment, private consumption, and vibrant business world.

“But there are still some weaknesses that Indonesia’s economic structure needs to be addressed now,” said Anindya at Menara Kadin Jakarta, Wednesday (06/03/2013).

Anindya see Indonesia’s economic weakness is in the trade deficit. Currently due to larger imports than exports then it makes more Indonesian trade balance to be deficit. Moreover, the largest import of oil and gas.

On the other hand, Anindya also highlights subsidy of oil (BBM) to the people who actually are not even on target. Current budget fuel subsidy enjoyed by the rich instead.

“As the impact, the deficit and the high pressure gas imports that led to the weakening of the rupiah,” he added.

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The Economics of Free



One of the most interesting and unique economic phenomenon to emerge over the last 10 years is the impact of technology in creating products that are free to the consumer. Chris Anderson writes about this in his book entitled “Free”. The most unique aspect of this business model is that it generates tremendous profits for those who know how to use it correctly.

Typically, the advent of a “free” product or service is a sample that is intended to give consumers a taste that entices them to pay for the products in the future. In truth, there is no such thing as free since somebody must pay for everything. However, the rapid acceleration of technology has enabled a business model centered around offering products, services, and content that is free to the end consumer.

Let’s begin by examining the impact of technology as it relates to delivering content and services. Moores Law postulates that the number of transistors on an integrated circuit doubles every 18 months. Practically speaking, this means that the cost per unit of computing power effectively drops in half every 18 months. This means that the cost of providing a product or service to an individual customer rapidly drops to very near zero. Thus, companies who have already built out a technology infrastructure can provide products and services at a very nominal cost. The thing that enables this model is the freedom from content containers such as books, DVD’s, phones, tablets, or some other device for holding or storing content.

By specializing in software based technology products, companies can capture all of the cost advantages offered by Moore’s Law without being constrained by the cost of containers for their content.
In the end, this phenomenon of ‘free’ is continuing to shape the online marketplace and is expected to produce the infrastructure for even more new business models to emerge in the future. It represents a new paradigm that will pose tremendous problems to people and companies entrenched in the status quo and great opportunities to those who understand and leverage this new business model.

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Surviving the Impending Economic Collapse



For the health and wellness of you and your family, you need to be prepared to survive the coming economic collapse. There are many ways to prepare for the end of life as we know it. You will need supplies to sustain your family for days or even a year or more.

Make sure you are ready for the coming economic collapse by stockpiling supplies now. Things we all take for granted like food, water and basic electrical services could become scarce during this time. Start preparations now to cover the basic needs you will have while the country is in turmoil.

Humans cannot live without water. The amount of water you will need to maintain the right amount of water is one gallon per day, per person. If you do not have at least that much water, survival could become a perilous journey. You will need a few different options.

water                             
Having a non-perishable food supply is the second most important way to guarantee survival. You and your family will need food containing high amounts of protein, ready to eat meals like those used in the military and plenty of canned fruits and vegetables.

Alternative heat sources
You and your family will need a source of heat. It may be for keeping warm, cooking or washing. If the economy collapses during the winter, you will need something to thaw ice in case your water supply freezes. Gather at least two of these things to ensure your needs are met.

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Women Entrepreneurs Tend to Be More Professional



Women entrepreneurs have shown their movement in the economic development of Indonesia. The minister of Cooperatives and SMEs Sharif Hasan told a group of women entrepreneurs are proactive in improving the welfare at least in their family.

“Women Entrepreneurs is a group of active women who have dared to take the initiative in economic development in order to improve the welfare of the family,” said Sharif at the Young Entrepreneur and Independent Young Technopreneur 2014 in Senayan, Wednesday ( 15/01/2014 ).

Moreover, Sharif said that women entrepreneurs tend to be more professional. “Women entrepreneurs are more responsible and professional in managing finances,” he said .

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Our Economic Woes and Their Cure



Our greatest economic woe is that not many people around the world are buying our goods like they were before 2008. The reason is that there is large-scale unemployment in most places. This coupled with a large amount of debt, carried by governments, pension funds, and individuals, have left people and governments searching for solutions.

For individuals and families, financial austerity is the answer, but all too many governments around the world are applying this same logic by cutting services to their citizens.
Another solution offered is to reduce federal and local debt by raising taxes on the wealthy. While some of the wealthy understand the need, others say that they are the job creators and raising their taxes will kill jobs.

Businesses will not create jobs until they see customers. They won’t see enough customers until unemployment is reduced. This is a problem without a solution unless the federal government steps in and creates jobs. We all know that our infrastructure needs a makeover. Now, at a time when our government can borrow at 1.6% on a 10 year loan, we should put aside our debt fears and do a job that needs to be done. This will create jobs, then customers, then the expansion of other businesses, and finally greater tax revenue to pay off the debt.

Some projects can be: installing fiber optic cables in all cities, building a countrywide high-speed rail system, reworking our electric grid, subsidizing green industries, etc. True some existing industries will suffer, but just like the buggy-whip makers of old, they will have to find ways to adapt to the changes or fade out of existence.

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