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Legislative Elections and Hope For Change
Legislative Elections and Hope For Change
Akhmad Akbar Susamto1
The general legislative elections (Pileg) 2014 is imminent. Based on phases of the conduct of the election, which the national elections commission has released, elections for electing members of regional representatives assembly, national legislative assembly, and regional legislative assembly are slated for 9 April 2014. The elections will feature individual candidates vying for regional legislative assembly seats, 12 political parties that will contest for seats in the national assembly and regional legislative assemblies, of which 11 are ‘old’ political parties while one is a new political party.
ASEAN Economies: Growth has slowed, Improvement is slower than expected
Figure 22: GDP growth rate in ASEAN member economic in constant prices, 1998–2013* (y-o-y, in %)
ASEAN economies continue to show slower economic growth until the end of the year amidst persisting global economic uncertainty 
Source: IMF, CEIC (2013)
*= quarter III-2013
As the year 2013, comes to an end, economic growth of Association of South East Asian Nations (ASEAN) member nations show lower than expected. Economic growth of key economies in the region has yet to show remarkable stability or overall economic growth. Indonesia, the Philippines and Thailand are the key countries in the region which registered lower economic growth in quarter III-2013 than in quarter II-2013 (y-o-y). In the meantime, Malaysia, Singapore and Viet Nam are the key countries in the region which succeeded in achieving higher economic growth in quarter III-2013 than in the previous quarter.. Countries that registered significantly lower economic growth in quarter III-2013 than in the quarter II-2013 included Thailand (2.2% to 1.3%), followed by the Philippines (7.5% to 7.0%) and Indonesia (5.8% to 5.6%). In the meantime, key countries in the region that registered improvement in economic growth in terms of quarters were Singapore (3.8% to 5.1%), Malaysia (4.4% to 5.0%) and Viet Nam (5.0% to 5.5%).
Economic Outlook 2014
By: Prof. Mudrajad Kuncoro, Ph.D1
Depreciation of rupiah and decline in the composite share price index has caused panic in the business community. Enterprises dealing in tofu-soybean cake, electronic goods and a number of enterprises that produce products that have high import content are screaming about the rising cost of the US dollar. Is it just external factors or fragile Indonesian economic fundamentals that make the country susceptible to external shocks?
Figure 24: Development in Exchange rate and composite share price index during SBY regime