Who’s Telling the Truth About Indonesia’s Economy? ICOR vs. GDP
Indonesia’s economy is, on paper, thriving. GDP is rising, shopping malls are breeding like rabbits, and the golden arches of McDonald's now greet you in towns that didn’t have running water ten years ago. This, apparently, is proof we’re “doing great.” Officials beam at press conferences, waving graphs like magic wands, celebrating what is essentially …
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