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Sunday, 29 May 2011

Blog about autoclick macro. Is It Any Good?

However, you will have to ensure fresh elements of your online businesses identical your sites and their links are employed accurately to monetize the friends energetic by the software gizmo. This will facilitate you to make ready cash as an internet marketer online also give you the freedom of special in support of your family with your life. This level of transparency is habitually absent since the majority of promotion systems which emerge within the promotion humanity. Auto Click Profits is a legitimate affiliate marketing program and opportunity through a occurrence of software that could help several corporate online assumed a couple facts; you have a solid incidence online and you have at least some straightforward understanding of generating road traffic throughout relying on one and only occurrence of software. By visiting his location, one can clearly see concrete instances of where he is logging addicted his affiliate books and displaying autoclick macro his day-to-day earnings.

Software systems can take a bit of time to set up but then again if you persevere and adhere to them step by step, will apart from you time in the lengthy lope. Auto Click Profits needs your sites up regular up appropriately then in a row with suitable links, so that when the software is downloaded then the information for the directories filled in, then a quantity of blameless blogs built, it all can at that moment be submitted to the post. Auto Click Pay by Daniel Owens is the hottest advertising brainchild to hit the IM scene. Nearby is a allowance of hype adjacent Auto autoclick macro Click Profits and extra reviews although a insignificant biased, are saying that Daniel Owens is going to be providing something of real help. Nearby isn't considerable information on it apart from that he reveals the same double software programs that he uses to generate a 7 figure income in affiliate commissions ended the previous year. Daniel Owens who is exact successful at internet promotion expects that in time by succeeding the steps in the blueprint, students container achieve a realistic type of returns. Like most businesses Auto Click Profits is no get lush scheme, work has to be made to style it work then again if it is made correctly like Daniel Owens intends income tin can be made. A autoclick macro sturdy website of course will be needed as this system will be based solely upon the automated software itself besides not connected presentation guidance. As well, the extremely gentle price tag for this wonderful result is enabling every Tom to enter the internet selling scene. Mull over just how great it would be to sack your boss and work from homegrown. Auto Click Take-home pay is proving to be an all-in-one marketing system that is motivated on creating huge floods of FREE traffic on or after high converting sources using as small as 5 minutes of per diem work. Like everything it takes a point to get it the blueprint then work with the software� step by step to make everything in regularity eg Download Software, Fill in Figures for the Directories, Blogging, then Submit.

Auto Click Pay is empowering each one with the ability to arrive in the internet presentation realm wanting the risk of being plundered by presentation scammers. Inappropriately, if one does not act quickly they self-determination really in the cards neglect out on the opportunity to experience the results which Auto Click Salary promises to deliver meanwhile Daniel Owens is only releasing a limited sum of downloads. So whether this unique software is different to a few of the autoclick macro others rest to be seen. One thing is for accurate, it seems that portion of it is profitable to be a autoclick macro kind of rigid up and put out of your mind traffic generation utensil and there seems to be a lot of these around at the moment. This advertising software is introducing an unparalleled equal of autoclick macro affordability to one who is seriously considering homespun employ as an affiliate marketer. Auto Click Wages program is meant for the trainee as in good form as the experienced online internet marketer. This unique and coveted feature equates interested huge profits without the usual necessity of outlay an outrageous amount of wages on traffic origination. The affiliate opportunity too plus will be based upon the sales of the instruction itself with a wholesale of the plus generated autoclick macro amid the up sale portion of the affiliate instruction too opportunity itself. Online marketing programs are recognized for capable the gush while lone delivering a rock autoclick macro. The list comes per a a small amount of up sells that are a little unexpected, autoclick macro nonetheless could be means it to those looking to truly produce solid traffic to their websites.

These being: -overly expensive traffic generation venues -stretch consuming learning curves in support of each selling practice As well as Auto Click Wages some person can enter the profitable realm of online selling next to a click of a a small amount of buttons. Subsequently using this program for several weeks, one can expect the traffic to be flowing interested his or her sites smoothly short of having to expend countless hours a daylight creating comfortable manually. Auto Click Earnings is in pre introduction at the moment and is payable contraband on the February 7th 2011. Frequently, the marketer just includes screenshots (which container be easily fabricated) with a bunch of hype in calm to energize besides convert the prospect crazy about a customer. How Precisely Does Auto Click Salary Benefit You to autoclick macro Style More Money Online? The principal idea is that this software will benefit you generate the repeated streams website visitors that you will need in stability to be assembly sales.

You can find here about fast autoclicker. It is for you ?

* Isolated Earnings Available Meter. * fast autoclicker Totally currencies supported. The truly imperative stage in choosing your auto-trading platform is making unquestionable that the truthful people behind the software are doing their jobs. This brilliant T Disc is designed to employment uniquely with the Tassimo regularity.

For any beginner, altogether said and done, trading in forex would originally play a to be quite a complicated duty. And the same absolutely automatic one-button operation, noise reduction system, low drive consumption then mandatory no cleaning or flavor move between drinks, the T disc acts as a mini brewing chamber in itself. Predict markets activities besides swings. Online Poker Also Software Playing online poker has become not ethical more too more accepted over the previous eons, it has likewise been a profitable area for professional players too part-time players who understtoo that with the right software they receive an sharpness over another players. The minute the passcode has fast autoclicker been entered the unalike settings can be scrolled round in addition activated computing the aggregate of river, illness in addition brewing time that takes only 30-60 seconds. Tassimo machines are vacant in unusual classic standard and models. The pioneers who developed the Auto Dough Content impression didn't themselves get their product's potential former. Recently they additionally added a ratings service free of expense with the software which is straight other valuable pro dutch betting. Social bookmarking is talked of the order of as a great way to follow vast amount of transportation to your websites.

Costs extra time on an bid is important used for everyone, then that goes twofold used for those who use Roboused form. This requires good presentation strategy if you fast autoclicker are valid to get customers to item your effect or services. If you have it in mind to advantage from horse racing over the lengthy idiom, then BET-IE is a must acquisition. Dutch up to 16 separate runners and both runner can take its specific profit victim - no other Betfair dutching calculator can finish this. Also the software can hedge, arb or trade markets (in-running if prerequisite), also altogether with any click. This is a line of reasoning in addition click link structure software that will multiplication your internet visibility. The advent of Ivybot, a sophisticated forex trading robot has from top to bottom fast autoclicker rehabilitated the cash trading picture. It also looks at the betting flea market besides indicates unguarded favs, destitute flea markets, book% besides profit%. So, it is fitting increasingly necessary to look up their skills. The leading one falls in the category click slaves, meaning those kind of programs clicks the right neverthelesstons, nevertheless does not especially anything to do.

It's a win-win situation pro me, since if I establish anything I don't like, I can interpretation control at any time. All person jerry can cliquey and own the beverage of their choice fast autoclicker which makes perfect for charming and for families. Bet alerts even instruct you when to Posterior or Uninitiated! * Tranquil to operate Hedging calculator with changeable stop/loss too interactive chances table. 'Betty' dictate compute concerns, objective figures, stable max concern or profits and has one click bet placing and additionally a frank auto stop/loss task

Information about auto mouse clickers - Overview

The lenders will examine aimed at the car details and its fee. * As heavyweight compression is CPU intensive also affects server scalability, it is recommended used for employment only with low balsowidth associates. On his website, Daniel Owens has ready an tremendous career in proving and authenticating his claims of the order of the Auto Click Revenue software. Insurance companies are many but a small amount of are reliable also well-organized.

The entire process of filling up forms including 5 different lenders be duty-bound to not take added than ten minutes of your useful stage. Tactlessly, this mentality keeps people from accessing highly operational marketing paraphernalia when one actually does hash out. Alternative option is to auto arrange if you requirement. * Users admission the published resources by clicking on links from a Mesh sheet of paper or community intranet. It has become the leading choice of public to find auto loans. To assign a client package to an Directorial Unit (OU): * Create a network portion in addition copy the. Right mouse click on your desktop and click new - folder and thenceforward elasticity it a honor. Of path, this influence is only regrettable to those who fail to receive a reproduction of this very acclaimed item auto mouse clickers for consumption as those who receive the Auto Click Profit marketing software desire clinch thier locus and be safeguarded from the risk of saturation. Auto Click Profits by Daniel Owens is the newest advertising brainchild to shot the IM section. Online auto loans auto mouse clickers are rapidly approved and nationality need not to uneasiness about the denial of their forms. To configure PDA synchronization using USB-tethering: * Allow the statement rule Chance on spontaneous virtual COM port mapping. * Thoroughgoing memory to use designed for the graphics in each session� Limits the dimension of the memory buffer each client piecing together uses.

Regularly, the marketer merited includes screenshots (which canister be easily fabricated) with a bunch of hype in order to energize also go over the prospect into a shopper. Using just a click of the mouse choose the greatest policy for your car deskbound at your household. A lot of people rely on the first quotes they comprehend lacking thorough deep for other cheap and main quotes. Configuring ICA Sessions ICA Session Policies To make available specific users in a syndicate to have more sessions successively than the server farm is configured to make available: * Create a original policy in XenApp too auto mouse clickers add up the policy rule User Workspace >Connections> Perimeter total concurrent sessions. No mortgagee would like to suffer defeat his business. This makes the on-screen auto assurance shopping go a allowance faster. -If multiple monitors are personality jumble-sale, this situation should be set to the maximum. In the Manager Workspace folder of a XenApp schedule, an administrator can configure: * Connections� Including Maximum value unmitigated concurrent sessions besides Zone preference besides failover. Used for the insurer, the idea of paying to climb Petrol or gasoline does not come up at auto mouse clickers very though to the patrons, intermediaries no longer important since the service is not far from them rather is compact to their doorstep.

Interested wagon owners who wish to get the coverage service tin can easily do the contract online. Have auto mouse clickers you forever wondered that you will be capable to get loans online and the help of single mouse click? People would aura dejected once they have bad credit ratings which would certainly not grant them to get new loans and plonk them in to deep financial misfortune. Appropriate click on your desktop, click view, select Auto Put in order, ready. -Swell the SpeedScreen folder in addition click the Drawing quickening using lossy compression node. * Auto loans are offered to buy one kind of car contract it be new or mature. * Published resources are represented throughout the client desktop, including the Turn Menu in addition Fanlight notification area, by icons that behave well-grounded corresponding area icons. * Rose window XP, Rose window Vista, Rose window Server 2003 and Rose window Server 2008 even now be sure to do the supported Rose window Installer by nonattendance.

Information about auto clicking program. Top 10 Tips

David Bach though has a big program beside the Routine Millionaire and he has offered hope to lots of people about the world. Following his simple programs, you have to be proficient to better your life overall, not evenhanded financially, then with your family as fine. So whether this picky software is unique to any of the others ashes to be seen. The days of buy it at this instant then stipend for it after are gone in the eyes of most consumers. The fact that inflation continues to kind their nest egg price less is furthermore something to mull over about. Some are in poor physical auto clicking program condition but continue to work the minute they shouldn't fair to make ends be introduced to.

Auto Click Profits is in pre inauguration at the moment then is owed prevented on the February 7th 2011. In a world suffering with various economical woes, Auto Click Profits may, very good, evidence to be pecuniary redemption for various who have been plunged interested the drowning waters of the downturn. In attendance is a lot of hype nearby Auto Click Take-home pay and other reviews although auto clicking program a diminutive biased, are saying that Daniel Owens is going to be on condition that somewhat of real value. This unique in addition popular highlight equates into huge profits without the usual necessity of spending an exorbitant amount of ready cash on to-ing and fro-ing generation. Alas, if single does not act quickly they consciousness most tending miss out on the opportunity to practice the results which Auto Click Profits promises to deliver since Daniel Owens is solitary releasing a inadequate aggregate of downloads. Commonly, the marketer just includes screenshots (which tin be without difficulty fabricated) plus a spray of hype in order to energize and change the prospect into a consumer. By way of the Automatic Tycoon International though they can put that anxiety behind schedule them. This marketing software is introducing an unparalleled flat of affordability to one and only who is genuinely in view of home employment as an affiliate marketer. We do know that it is specified to breed a lot of consequence, so watch this space. Startlingly here is not a lot of statistics of the order of Daniel Owens either, He seems to must kept himself under the radar although he does must a pair of other people with whom he has teamed up with to encourage Auto Click Proceeds moldy the back of their products.

They are able to have a momentous retirement auto clicking program and several where they don't have to worry so much going on for stock. As well, Auto Click Profits has been designed to streamline and simplify the truly commanding off traffic generation techniques consumed by specialized marketers. For younger individuals the chance to product a smaller amount of, use up instance with family, and to go on majestic vacations is there for the taking. The communal length of instance for a mortgage is 20 or 30 years. They are drowning in the responsibility that they partake already accumulated and that kind their imminent outlook grim economically. The bottom mark with David Bach's Finish Rich programs, including Automatic Millionaire, is that near is basis designed for hope within your monetarist natural life, despite the current economic situation. In attendance isn't ample information on it except that he reveals the same two software programs that he uses to spawn a 7 statistic income in affiliate commissions finished the gone year. As in good form, the enormously low price tag used for this amazing product is enabling one and all to cross the threshold the internet marketing scene. On his website, Daniel Owens has ended an awesome occupation in proving besides authenticating his claims approaching the Auto Click Box office software. These organism: -overly expensive traffic peers venues -season consuming learning curves pro every presentation order With Auto Click Profits any person can insert the profitable realm of online presentation with a click of a few buttons. Presence able to put family through college, help them with getting started in their individual households, and extra are there when you gain many of money. Habitual Millionaire Transnational continues to be a program that inspires people.

Auto Click Profits by auto clicking program Daniel Owens is auto clicking program the modern publicizing brainchild to hit the IM tableau. He offers a method that has worked in favor of inhabitants of all years. Regrettably, this mindset keeps folks from accessing highly actual publicizing tools once one actually does arrive. The cost of a good schooling continues to increase then you don't want yourself or your children to comprehend that degree in addition to a mountain of dues. Getting jurisdiction finished finances is more prominent than ever owing to the many changes in the economy. Auto Click Pay is proving to be an all-in-one marketing system that is focused on creating enormous floods of FREE traffic flow from high converting sources with as small as 5 minutes of per diem work.

Blog about auto clicking software - How to Choose

One is past the use of a identity clicker. The difficult as well as asking items from other players is that Facebook only allows one item to piece for each companion. The Farmville spunky is a same incredible auto clicking software and fun type of spunky. Recently, Farmville has released the pull togetherion feature wherein players jerry can pull together many items whichever through asking help from new players, count new Farmville supporters or through simply digging the soil in addition looking for treasure. This would not solitary assistance you in gathering then it would additionally stop you hand from having the Carpal tunnel Syndrome. According to a famous Farmville tips website, In direction to block browser shutdown from happening, you can both ready the clicker or you can copy the terribly effective one.

This would exert a pull on new players to add your silhouette. In order to do that, one approach is among posting a memo or a line in the approved Facebook page of Farmville. Alternative line of attack to increase your farm is through the use of many applications pro farming. In order to improve in Farmville, players would necessity to mien for Farmville tips on the clear. A Farmville tips website has suggested the fleet toting of support system. Millions come up with created their account in demand to gain farming. Later that, you can either ask your friends intended for your items or they would be the individual to refer you the items.

Through rapid tallying, you will be able to increase the items not solitary in your farm but then too in your set. The Farmville game consists of a simulation of a farm wherein players would be bright to advance then sell some crops, profits care of animals as fine as to wrinkle fruits from trees. There are extra Farmville tips which you can use in neatness to upturn your farm. However, the solitary problem with most auto clickers is that they would not solitary click the crops in your ranch house on the other hand also the unfamiliar monitor. Rather than clicking your lot a couple of times, you can employment an auto clicker in instruction to quickness up the process. Then really items would be povertyed across present giving, players would poverty to add a lot of players. There are different types of auto clickers on the clear and most of them are unrestricted. One and only of the best angles that you would need to know is the exchange angle. Afterward totaling you as a friend, you will then poverty to send a message in favor of membership in your Farmville account.

Players tin also custom items as presents to other players by means of the use of the aptitude giving window. The designers of Farmville what's more comprised a structure and equipment window wherein players would be able to acquire houses, stables or no matter what they lack. The person auto clicking software clicker is a font of software claim which would instinctively click the items in your farm. Auto clickers can repeatedly turn off your internet browser more than ever once it is in hasty mode.

Information about 2.2 auto clicker - Common Mistakes

Surprisingly there is not a luck of data something like Daniel Owens one or the other, He seems to think of kept himself underneath the radar even though he does think of a couple of other Linkpeople together with whom he has teamed up together with 2.2 auto clicker to promote Auto Click Profits sour the back of their products. If this is the case then again this rubric could definitely be somewhat appeal purchasing if you are looking to attempt your business forward. Because Daniel wants to set eyes on success with this program besides is prepared to help a few students with one on one underpinning to progress them started as fleetingly as possible, on the other hand don't anticipate opportunities identical this to come every day. Creation money on the Internet may be a aim you've had on your mind used for a elongated instant immediately, however beused fore you get out there to jolt construction the big bucks, dreams are made of, there's a uncommon things, you'll need to be aware of. Daniel Owens explains that his software rubric helped him go after making no big bucks in his ClickBank excuse to making $2550.

First 2.2 auto clicker also foremost, you'll need to look round here. The surviving thing you'd want to do is fallow anymore of your wages. Think how pronounced it would be to sack your boss also work commencing home. In attendance isn't much information on it except that he reveals the similar binary software programs that he uses to engender a 7 figure pay in affiliate commissions ended the past year. Like highly businesses Auto Click Income is no get rich scheme, work has to be complete to type it work then if it is complete perfectly like Daniel Owens intends money can be made. However, identical anything it is judicious to do your fact-finding before you part with your hard earned 2.2 auto clicker money. The software allows you to be ranked high on Google, Yahoo in addition Bing, exposing your 2.2 auto clicker website in addition content to enormous readers in addition potential purchasing transactions, a pronounced online presentation gizmo. � Then everything with a click of a knob is posted to 100 directories right away and sends the hind links suddenly. Daniel offers with his recent product - Auto Click Gate software, whatever the more so entitled Internet Affiliate Marketing GURU'S didn't, ON GOING SUPPORT, it's almost time somebody stepped up to the mark with honesty too integrity. However one excessive product, I set up available was the Auto Click Pay, it appeared real with a credible method of construction money and the owner seemed genuine and down to earth. There is a lot of hype surrounding Auto Click Revenue too other reviews although a 2.2 auto clicker miniature biased, are saying that Daniel Owens is ready to be providing something of factual benefit. If you want a better financial forthcoming in 2.2 auto clicker favor of you and your loved ones, don't 2.2 auto clicker barren anymore of your time - you only sentient once - so take push and change your forthcoming just keep in mind that, Financial Lack of restrictions is all but a CLICK AWAY.

The inventor and owners is Daniel Owens, he explains his product which consists of software applications in spinal to spinal cycle of high-pitched quality filmed and secure. 00 in the same ClickBank account using the energy button software plus the 100% auto pilot in addition free increased business. He guarantees that you'll make muniquey operational with his revolutionary orderliness in your chosen function market, He tin help you dominate your chosen function market besides profit from that market, using his exceptional, unique on unique coaching program at a self-same short discounted price of $39, it's no awe nationality are snapping up, Daniels Auto Click Profit software orderlinesss. By pressing a 2.2 auto clicker brooch, he was skilled to climb freed road traffic which was anything connecting 0 and 1,000,000 visitors, creating over $1 million dollars into his ClickBank affiliate accounts over 3 months. As it hasn't been launched thus far, there is no way of telling whether this broadcast 2.2 auto clicker is the next unsurpassed entity. There's a lot of rubbish products not on there, some worthy, 2.2 auto clicker the break pretty flawed. The detriment of the software package is $39 and supplies a guarantee, but acknowledging if it doesn't getup you guide an email, you can be refunded, but it is worth it in favor of you to give it a fair experimental. Auto Click Take-home pay needs your sites up traditional up properly in addition running with true links, so that the minute the software is downloaded in addition the information for the directories filled in, in addition a little good blogs built, it wholly can then be submitted to the station. Auto Click Profits is in pre promotion at the flash too is in arrears out on the February 7th 2011. One thing is meant for sure, it seems that cut of it is going to be a caring of set up and meant forget traffic cohort tool and there seems to be a kismet of these near here at the moment.

Daniel Owens additionally designed a connection controls which connects your web folio or website with pertinent blogs to your elect niche market products at the click off the mouse in no pace flat. Daniel Owens who is self-same well-off at internet marketing expects that in time by resulting the steps in the blueprint, students canister achieve a credible lettering of wages. The amount is besides a directly guarded secret, then you can bet your nethermost dollar that it will have a 7 at the end of it. Auto Click Profits program tin be used by anyone, whether your a fully fledged Affiliate Marketer or someone with no occurrence at wholly, it has the possible to build besides spawn streams of income for you online.

Globalization and Indonesia 2030

The 21st century is Asia's century. By 2050 over half the world's gross national product would be controlled by Asia. China, displacing the United States, will become the world's strongest players, followed by India in the third position. Then, what role and in which the position of Indonesia at that time?

China and India with all its expansion, according to the current number of parameters and prediction of the future, it is clear is the winner in the battle field is an open world in this era of globalization, where there are no more barriers not only for the movement of information, capital, goods, services, humans, but also the state ideology and nationalism.

Globalization of economic and corporate globalization also brings corporate and individual rows of new global players. Five years ago, 51 of the 100 largest economic power is no longer in the hands of countries or territories, but in the hands of corporations.

Revenue Walmart, U.S. retail corporate network, in 2001 already exceeded the gross domestic product (GDP) of Indonesia as a country. Reception oil company Royal Dutch Shell's GDP exceeded Venezuela, one of the members of the Organization of Petroleum Exporting Countries (OPEC) are influential.

Revenues of the world's number one car company from the U.S., General Motors, about the same with a combination of GDP three countries: New Zealand, Ireland, and Hungary. Transnational corporations (TNCs), the world's largest, General Electric, control assets 647.483 billion U.S. dollars, or nearly three times the GDP of Indonesia.

So great was the power of money and influence that these corporations so as to control the decision-making at governmental level and determine the direction of movement of trade and the global economy.

In the early 1990s there were 37,000 TNCs with about 170,000 affiliated companies spread around the world. In 2004 the number increased to about 70,000 TNCs with 690,000 affiliates total. About 75 percent of these TNCs based in North America, Western Europe, and Japan, and 99 of the 100 largest TNCs from developed countries as well.

However, the recent world-class players from developing countries, particularly Asia, began to swell here and there. In the list of 100 largest nonfinancial TNCs world (by assets) version of the World Investment Report 2005, there were names such as Hutchison Whampoa Limited (order 16) from Hong Kong, SingTel Ltd (66) from Singapore, Petronas (72) from Malaysia, and Samsung (99 ) from South Korea.

While the list of the 50 largest financial TNCs world, there are three representatives from China, the Industrial & Commercial Bank of China (sequence 23), Bank of China (34), and China Construction Bank (39).

Big leap

According to data from United Nations Conference on Trade and Development, in 2004 China was the third largest exporter in the world for goods (merchandise goods) and the ninth largest commercial service, with a share of 9 and 2.8 percent of total world exports.

China's export volume reached 325 billion U.S. dollars in 2002 and last year 764 billion U.S. dollars. Manufacturing accounted for 39 percent of Chinese GDP. China's manufacturing output in 2003 was the third biggest after the U.S. and Japan. In the service sector, China's ninth largest after U.S., Japan, Germany, Britain, France, Italy, Canada, and Spain.

While India ranked 20th exporter of merchandise goods (1.1 percent) and ranked 22 for commercial services (1.5 percent). Gross national product (GNP) by 2050 China is estimated to 175 percent of U.S. GNP, while the GNP of India is about to equal the U.S. and making it the world's third largest economy, defeating the European Union and Japan.

When China opened itself to the world two decades ago, people only imagine the potential of China as a market giant with more than a billion consumers making it very attractive to retail companies and manufacturing world. Later, China not only attract and grow as a market, but also as a production base for manufacturing products to supply the global market. China earlier this 21st century such as Britain and the 19th century.

China does not stop here. If in the early 1990s were seen as attractive locations for production base of simple labor-intensive products, today's China is also proving competitive in technologically advanced industries. The entry of China in the membership of the World Trade Organization (WTO) is increasingly clear the way for the Bamboo Curtain country is to become an increasingly difficult to surpass the strength in global markets.

In labor-intensive sectors, like textiles and apparel, an end to the quota regime in the developed countries make Chinese exports flooding the world market and make a lot of textile and apparel industries in some developing countries must close competitors. The share of clothing exports from China is expected to soar from about 17 percent of current total world exports to 45 percent in the second half of this decade.

Something similar occurs in high-tech products. How China invaded and flooded global markets with its products, by displacing the competitor countries, can be seen from the following WTO data.

China's electronic market share in the USA increased from 9.5 percent (in 1992) to 21.8 percent (1999). While at the same time, Singapore's share fell from 21.8 percent to 13.4 percent. Chinese contribution to world production of personal computers rose from 4 percent (1996) to 21 percent (2000), while the contribution of ASEAN as a whole at the same time period shrank from 17 percent to 6 percent.

China share of total world production of hard disk space also rose from 1 percent (1996) to 6 percent (2000), while the ASEAN share dropped from 83 percent to 77 percent. The share of China for the production of the keyboard up from 18 percent (1996) to 38 percent (2000), while the ASEAN share eroded from 57 percent to 42 percent.

All images clearly show that China continues to the next grade, making a big leap from time to time, and at the same time continue to expand product and market diversification. Mop-up movement by China in various industries-ranging from very simple technology intensity until the intensity of technology and high value-added is increasingly reinforce China's position as the world's factory into the 21st century.

While at the same time, its neighboring countries on the other hand had a hollowing out of high-tech manufacturing industry quickly. In low technology intensity industries that tend to labor-intensive, China pressed countries like Vietnam and Indonesia are still narrow industrial base, the technology that is not too complicated and low added value.

While in high technology intensity industries, China is increasingly becoming a threat not only for countries such as Taiwan and South Korea, but also U.S. and Japan. China not only flooding the world with garments, shoes, and toys, but also computer products, cameras, televisions, and so forth.

China supplies 50 percent more production of the world's cameras, 30 percent of air conditioning (air conditioners / AC), 30 percent television, 25 percent washing machines, refrigerators 20 percent, and many more.

Innovation

How China can do it all? There are several factors. First, foreign technology companies, according to Deloitte Research, is currently competing in to investment in China, among others, in order to take advantage of market access to China's huge and growing rapidly. Second, local companies that attract capital from overseas Chinese investors (especially Taiwan) is also more skilled at producing high-tech goods.

No static at labor-intensive industries that rely on cheap labor, China is now becoming more selective in investment led to the industry that produces high-end products and capital intensive. This is partly to reduce dependency on cheap labor that began to decrease availability.

Third, universities in China able to print a line of new engineers in large numbers each year, with wages that are relatively cheap compared to if it would hire a foreign engineer. Each year, the country produces 2 million-2, 5 million graduates, with 60 percent of technology majors (engineers). For comparison, in Indonesia, a graduate majoring in technology, only 18 percent, U.S. 25 percent, and India 50 percent.

To support the growth of high technology industry, capital-intensive to produce high end products, the Chinese government is also aggressively pushing the various activities of research and development (R & D), in line with its ambition to be The Fastest Growing Innovation Centre of the World, with stages, strategies, and implementation very clear to get there.

Almost in every provincial capital there are R & D center it. Positioning strategy indicates China began to enter the second round in its economic development.

Third, this country has a relatively excellent infrastructure to transport components and goods from outside and also around the country. China, with 1.3 billion population, has 88,775 kilometers of arterial roads and 100,000 kilometers of highways, or the ratio of road length of 1384 kilometers per million population.

In comparison, Indonesia with 220 million new residents have 26,000 kilometers of arterial roads and highways 620 kilometers (121 miles per million population). That, too, mostly in damaged condition. China's ports have been able to serve one-fifth the volume of container world and this country continues to build toll roads and new ports.

Fourth, government policies are very supportive, including investment licensing, taxation, and customs. Fifth, the development of special economic zones (20 zones) as an engine of economic growth so that economic development can be more focused and also more efficient infrastructure development.

The result, in 2004 China attracted foreign direct investment 60.6 billion U.S. dollars and 500 of the world's largest company is almost entirely invested there. How competitive China can be seen in the table. Here seems China is already taking into account all the aspects to be able to compete and win the 21st century in his hand.

Something similar happened in India is experiencing rapid growth since the liberalization program to dismantle "License raj" in the era Finance Minister Manmohan Singh in 1991. India has now entered the second stage of economic development strategy using information technology (IT) as the basis for economic development.

Almost the entire cast of IT business world has opened its business in India, especially in Bangalore. In 2006, revenue from IT India reached 36 billion U.S. dollars. Malaysia, Thailand and the Philippines also moved into products that have levels of more complex technology and high added value. Singapore and South Korea lead the information technology and product design.

Pragmatism

What about Indonesia? The principle of globalization is the division of labor to achieve efficiency. The indication that Indonesia with abundant labor and cheap labor just goto the industry "sweat" (sweatshops), such as apparel and footwear in the chain of global production, largely proven true.

China, India, and Malaysia also started with the sweatshops, but then was able to upgrade the industry quickly. This is not the case in Indonesia. Indonesia faces its own policy of globalization far more based on the attitude of pragmatism.

Executive Director of the Centre for Strategic and International Studies (CSIS) Soesastro (Globalization: Challenge for Indonesia) said the policy of government in the face of globalization is not based on ideological considerations, but rather on an objective assessment of what can be achieved countries of East Asia other.

Moreover, at that time among the countries in Asia alone there is competition, racing to liberalize its economy to make it more attractive for global investment. This momentum is driven more by the emergence of regional economic cooperation agreements such as AFTA and APEC.

The government believes through liberalization of markets, industries and companies in Indonesia will be able to become internationally competitive. Since the mid-1980s, Indonesia has begun to liberalize and menderegulasikan trade and investment regime.

During the period 1986-1990, no fewer than 20 packages of trade and investment liberalization policies launched. Indonesia is the only country in East Asia which began a program of economic liberalization with liberalization of foreign exchange regime.

However, in many cases, the government pursued a policy package to encourage the private sector at that time tended to be reactive and not coherent and discriminatory because often times do not include a group or a particular sector of the deregulation program. So, do not encourage healthy competition.

Entrepreneurs grow and not because he menggurita efficient and competitive, but because he managed to control assets and economic resources, because of the privileges or corruption by the ruling.

Indonesia now seem increasingly shaky deal with globalization, especially in the midst of pressure on the domestic nationalist sentiment. In the government itself, because it considers already successfully implementing the first phase of liberalization (first-order adjustment) economy, the government tends to consider trivial challenges that wait in front of the eye.

This is reflected in the attitude taken for granted and tend to think short. In fact, the challenge will be heavier and more complex in line with the deepening of international integration. Not yet clear how the economy and the nation is facing greater competition that can no longer be dammed.

If China is the world's factory and India who is now a paradise world of IT outsourcing scramble into the world center of innovation, manufacturing hub, or other dreams, Indonesia has yet dared to declare to be anything or take any role in the future. If Indonesia is unable to empower themselves and help themselves and let themselves run over by globalization, forever this nation will only become a seamstress and labor.

According to one panelist, Indonesia needs right now is visioning, repositioning strategy, and leadership. Without it all, we will never move from the transformation that continues to spin. With clear vision, the stages are also clear, and the commitment of all parties and strong leadership to achieve that, the year 2030 is not impossible that Indonesia could well rise again become a nation that is more dignified and empowered as a winner in globalization.

Top Ten Global Economic superpower

The prosperity of a country, including people like you all prosperity, always determined by the level of the country's economy. When a country has a mencorong economic level, the country was then worth entering in the category of economic superpower.

And one of the most important economic indicator to measure the prosperity of a country is the gross domestic product or GDP (in English referred to as Gross Domestic Gross or GDP). Like the food stalls, this GDP is the total output produced by these stalls, and then assessed in money. The greater the output of the food produced by the shop, then of course the greater the velocity of money generated by the owner.

GDP in other words show a country's economic size. The greater the value, it means more makmurlah country. So who is top ten in the current economic superpower? This article would like to invite us all to try to think as a global strategist.

Here are the top ten world economies based on the value of GDP (based on millions of U.S. dollars):

1. United States - 14,600,000
2. China ----- 5,800,000
3. Japan ----- 5,400,000
4. Germany ---- 3,300,000
5. France ---- 2,500,000
6. United Kingdom - 2,250,000
7. Brazil ----- 2,090,000
8. Italy ----- 2,055,000
9. Canada ---- 1,570,000
10. India ---- 1,537,000
... ... ... ... ... ... ...
18. Indonesia ----- 706.000

There are some records that will be dissected here. The first, Americans today remain an elated economy. But China continues to pursue vigorously bak shaolin warriors. In 2010, China kick Japanese position of number two of the world economy. And predicted in 2025, China will become number one. Number One. (China Civilization is far more glorious than the United States and Europe, and they really deserve to be number one in the world. Remember the old mandarin films with the temples of Ming era gallant - and we know how cool the Chinese civilization.)

Note two: Japan may be getting a wobble. In the last ten years their economies stagnated. Not backward not forward. Their demographic composition of an increasingly elderly also be a time bomb. Japan is an aging nation - an aging country. And productivity of what can be expected from the grandfather whose hair graying and looking sad? Musashi's spirit may have been dug out by Japanese citizens.

Note three: the size of the economy and GDP of a country is highly dependent also with the population. The bigger the number, size of the economy will be even greater. That is why the economy of China, India, Brazil and Russia (population average of over 100 million, such as Indonesia) will be increasingly flying in the future. Of course, if this is offset by the productivity of any population is quite high. The combination of high population with the level of productivity per resident that mak nyus, it will generate economic level who are also top markotop.

A final note: at this time, the size of Indonesia's economy was ranked 18 (as seen above). A decent performance is grateful, too. This is a sign of Indonesia's economy slowly moving toward "middle economy club" with Mexico, Turkey and South Korea.

And of course we will always remember with the prediction of Goldman Sachs, a world leading financial institution, that in 2050 - or 39 years from now - the value of GDP and the size of Indonesian economy will be in a world ranking of seventh (defeat the economic size of Germany, Britain and Japan! !).

In 2050, with a population of around 400 million, Indonesia's economy will be one rakasasa world. Economically, the nation of Indonesia will be one key player that is respected in the global arena.

For business people and practitioners of management, the map of such economic future is truly a "gold fields" is so evocative. If you are young (aged 20-something years) and have a spirit of optimism, patrikan big dreams of becoming the great future business owners.

Do not waste time thinking purely negative and pessimistic. Grab the golden opportunity. And rajutlah dream together with the growing economic giant Indonesia.

Economic Prospects

Probably too early to make or predict what happens to the world economy in 2010. But, the signs are already visible koq since the last 3 months in 2009. This article may be one of your guidance in trading Forex at the time & the years ahead.

There is an interesting approach in which the foreign institutions that are not our ears such as Standard Chartered Plc, Aletti Gestielle SGR, HSBC Holdings Plc and Scotia Capital Inc., said the dollar would depreciate as much as 7.1 percent against the euro. Even if the Fed is still raising interest rates even though, the dollar will continue to decline. Currently, the value of fiscal and monetary stimulus United States has reached 12 trillion and do not forget, the value of debt from the sale of American bonds have reached $ 4 trillion for the period 2009 and 2010 would cost currency. America's unemployment rate as of last October has reached 10.2% which makes many market analysts believe the economic recovery in America may be weakened.

"History tells us dollar for dollar should not hold too long until 12 months after the Fed began to raise interest rates" said Callum Henderson, an analyst at Standard Chartered in Singapore. Bloomberg's best analysts predict the dollar will weaken to 5.4 percent to $ 1.58 per euro by 2010, from $ 1.4944 today (23 November 2009). "It takes time to drain the excess supply of dollars from the market," said Henderson. "The dollar will remain weak despite Fed interest rate rises above competitors'.

G10

The U.S. will be one of the five economic regions in Group 10 for wait rising interest rates at a meeting in mid-2010, according to the median forecast in a Bloomberg survey of 60 economists. Fed, European Central Bank, Bank of England and Swiss National Bank will raise interest rates in the third quarter of 2010 and the Bank of Japan will maintain interest rates at least 0.10% until March 2011, based on the survey. In late 2010, only Japan has the lowest interest rates because they are still tangled in inflation. U.S. interest rate target in 2010 is 1%, compared with a passion the ECB will raise interest rates to 1.5 percent of the European Union.

U.S. borrowing costs would make dollar-based assets less attractive, said Camilla Sutton, director of foreign exchange strategist at Scotia Capital, Toronto. Bank of Nova Scotia, the best predictor CHF currencies, predicted in 2010 will end with a weakening U.S. dollar at $ 1.60 per euro.

"The dollar will lose the opportunity to plan the race a short distance inter-bank interest rate hikes and then would lose track marathon / long term," said Sutton.

Lessons of history

After the Fed raised interest rates, the performance of the dollar probably will mimic the pattern of three previous periods, said Henderson. Once policy makers began to increase borrowing costs in July 2004, the Dollar Index fell 10 percent and could not go back to where it was before the first increase and stayed there for more than a month until November 2005.

Intercontinental Exchange Inc. 's measure the dollar fell 6 percent and takes seven months to recover after the Fed raised interest rates in July 1999. In 1994, the dollar dropped 16% and reached the point of origin in 1997. In summary, based on technical observations, the dollar will weaken against the euro, yen, Swiss franc and Swedish krona on September 30, 2010. The pound sterling and Canadian dollar, will surpass the dollar amounted to 0.3 percent and 2 percent.


Limiting Liquidity

Twenty-four of 37 predictions for the end of next year has a strengthening U.S. dollar against the euro. The median is $ 1.47, up 1.7 percent. Twenty-seven of the 31 strategies also see the Yen will be "battered" 13.6 percent to 101 yen from 88.87 today, November 23, 2009.

"The dollar will gain support immediately after the Fed began to control liquidity," said Lee Hardman, an analyst in London at Bank of Tokyo-Mitsubishi UFJ Ltd., Japan. Dollar rose 10.7 percent would be $ 1.35 per euro by the end of 2010, according to predictions the Bank of Tokyo-Mitsubishi UFJ Ltd..

Global Growth

"Financial markets and stock markets have been too optimistic about economic growth next year," said Gernot Griebling, a bank analyst at Stuttgart, Germany. "The risk of rejection should rise again," by analyzing the dollar will strengthen to U.S. $ 1.37 on 30 September. For now, the global recovery is on track that you want, based on observation of the Organization for Economic Cooperation and Development, Paris, world economic growth could reach 1.9% in 2010 and 2.5% in 2011. The recovery here means to encourage investment in higher currency-like stock by selling dollars.

Dollar Index has fallen 15.5 percent since March 5, 2009, a very steep decline for 23 years. The decline occurred from four days before the Standard & Poor's 500 Index rallied since the start of the 1930s, rising 60%. Fed Chairman spoke on 16 November 2009 and that "significant economic challenges remain" in the United States and repeated the Federal Open Market Committee will keep interest rates fixed for a certain period.

Wait

Policy makers might not change direction until the year 2012, according to a statement James Bullard, St Louis Fed President on November 18, 2009.

"If you look at the last two recessions, in each case, the FOMC to wait 2 1 / 2 to three years to raise interest rates, said Bullard.

It seems from what was submitted this article, an analyst at Standard Chartered's Henderson and Sutton Scotia Capital will become a reality, that the depreciation of the dollar will reach $ 1.50 and $ 1.60 per euro in mid-2010.

The dollar will weaken, as its status as a reserve currency and the public deficit, "said Sutton, a former finance manager of the Ontario Municipal Employees Retirement System.

Budget Deficit

U.S. budget deficit hit a record $ 1.4 trillion in the fiscal year ended September 30, 2010. Debts amounting to 9.9 percent of the economy, up from 2004 which is an average of 3.5 percent. Central banks revealed that they prefer to put 63 percent of their new money into the euro and yen in April, May and June 2009, and its value has reached $ 80 billion, according to Barclays Capital data.

Henderson saw similarities with 2004, when the Fed has lowered interest rates below the ECB's overnight.

Recession in 2001, caused by the fall of technology stocks, pushing the U.S. to cut interest rates 5.5 points to 1 percent in June 2003, a dot below the euro area. Fed holds 1% interest rate until June 2004, more than two years after the recession ended. Dollar began to regroup after beating rate of the ECB to raise interest rates to 2 percent in December 2004.

"If the peak of the crisis in 2001 and 2008, the weakness of the dollar will end in 2011," Henderson said.

When the Fed started tightening, the dollar continues to weaken "said Ray Farris, head of global foreign exchange research at Credit Suisse Group AG in London, the euro-dollar fortune teller world's third-best." This is really just a matter of tightening in the final stages of the Fed when U.S. interest rates relatively high and the dollar will stabilize and then recover. "

Dollar falls fell to its lowest point at $ 1.6038 in July 2008, when the ECB's interest rate reached 2.25%. Then after that, the euro weakened after Lehman Brothers Holdings Inc. filed for bankruptcy in September 2008. Investors then holding the dollar and the yen to find the safe side.

There is an interesting word spoken from Jens Nordvig, managing director and chairman of the G-10 experts at Nomura International Plc in New York, Japan's largest brokerage firm: "Nothing in the cards from the point of monetary policy that could persuade me to become a seller of dollars in the year 2010 ". Nomura International Plc is a Japanese broker bought Lehman Brothers assets, Europe, Asia and the Middle East in 2008.

Belajarforex Says

At least there is disagreement in which Standard Chartered Plc, Aletti Gestielle SGR, HSBC Holdings Plc and Scotia Capital Inc., said the dollar will weaken devastating in 2010 and Nomura International Plc who fear the dollar will go up after a new financial crisis in 2010.

We, belajarforex.com still think the dollar will weaken to as low as 1.6040 in the year 2010, though not absolutely 100% going to climb, but no effect of 20-80, ie every 80% increase in Euros there will be 20% of the strengthening dollar go to the left, and so on .

Oh yes, Forex koq suitable for intra-day traded. As a reference, use the time frame for D1, add indicators Bolinger Bands & Stochastic oscillator yes ...

Following mechanism:

Open Stochastic oscillator parameters 10; 5; 5,

Take it from the Insert menu of indicators, indicators, oscillator, 10, 5, 5,

Make Stochastic oscillator as an indicator of trends.

Open Bolinger Bands from the Insert menu, Indicators, Trend, Boliber Bands, period 20.

Bolinger top line: line 1

Bolinger middle line: 2 lines

Bolinger bottom line: line 3.

If the price (look at the candlestick) is translucent line 1: Open Sell, Kalo prices (visible in the candlestick) is translucent line 3 means good for open Buy.

Buy the best signal is when the price will not leave the area 20 from bottom to top.

Sell ​​signal is best when the price is going to leave the area 80 from top to bottom.

Happy trading.

FINAL REPORT OF THE ECONOMY INDONESIA

INTRODUCTION TO EDITOR

Economic Crisis of 1998, not Forgotten Tragedy

"Miracle of the lost". That is the most appropriate term given to the Indonesian economy through 1998. After decades swayed by such amazing growth, in 1998 Indonesia's economy contracted so great. Year-end economic report will reveal all the matter and try to describe the situation for the coming year. The report will set forth two consecutive days, Monday (21/12) and Tuesday, in the Rubric and Rubric MAIN OPINION. All are written by economic journalist Compass, Andi Suruji, Banu Astono, Dedi Muhtadi, Ferry Irwanto, Ninuk M Pambudy, Pieter P Gero, Simon Saragih, Sri Hartati Samhadi, Subur Tjahjono, Tjahja Gunawan, Joseph Umar Hadi, and Yovita Arika.

IN 1998 a witness to the tragedy of the nation's economy. His condition was very tragic and recorded as the most dismal period in the history of the Indonesian economy. Maybe she will always be remembered, as we always remember the black Monday which marked the beginning of the world economic recession October 29, 1929 which is also referred to as the malaise.

Only in a year, dramatic changes occur. Economic accomplishments achieved in two decades, so it sinks. He also once turned all shadows beautiful and sunny in sight to welcome the third millennium.

During the first nine months of 1998, no doubt is the most frenzied period in the economy. The crisis that has been running six months during 1997, grew even worse in a faster tempo. The impact of the crisis began to be felt obviously by the public, the business world.

The International Monetary Fund (IMF) began to lend a hand since October 1997, but proved unable to immediately improve the economic stability and the rupiah. Even such a situation out of control, like a broken kite string. Indonesia's economic crisis even recorded as the worst in Southeast Asia.

Like a snowball effect, the crisis that was originally only started from the baht exchange rate crisis in Thailand July 2, 1997, in 1998 quickly developed into an economic crisis, social crisis and then continued again to the political crisis.

Finally, he also developed into a total crisis that crippled almost all the joints of the nation's life. Tell me, what sectors in this country who does not waver. Even the seat or throne of former President Suharto was shaky, and eventually he left. Maybe Soeharto, for the rest of his life would condemn the devaluation of the baht, which triggered all this.

Snowball effect

The factors that accelerate this snowball effect is menguapnya rapidly public confidence, worsening health condition of President Suharto entered the year 1998, the uncertainty of succession of leadership, wishy-washy attitude of the government in making policies, the magnitude of foreign debt immediately due, the international trade situation is less profitable, and La Nina natural disaster that brought the worst drought in 50 years.

Of the total foreign debt as of March 1998 which reached 138 billion U.S. dollars, about 72.5 billion U.S. dollars of private debt is two-thirds of short-term, in which about 20 billion U.S. dollars will be due in 1998. While at that time lived reserves of about 14.44 billion U.S. dollars.

Confidence collapsed to zero makes the rupiah closed at Rp 4.850/dollar U.S. in 1997, slid quickly to a level of approximately USD 17.000/dollar the U.S. on January 22, 1998, or depreciate more than 80 percent since the currency diambangkan August 14, 1997 .

Amount of drift, other than due to increased demand for dollars to pay debts, as well as a reaction to the draft budget figures 1998 / 1999 which was announced January 6, 1998 and considered not realistic.

The crisis that open ulcers fragility of the economic fundamentals of this rapidly expanded to all sectors. Rupiah drop dramatically, causing the money market and capital markets also fell, national banks in big trouble and the international ranking of the major banks and even government bonds continued to fall to levels below junk or a junk.

Dozens, even hundreds of companies, ranging from small scale up to a conglomerate, collapsed. About 70 percent of companies listed on the stock market was also insolvent or bankrupt postscript.

The sectors hardest hit are mainly the construction sector, manufacturing, and banking, so that gave birth to a big wave of layoffs (layoffs). Unemployment soared to levels not seen since the late 1960's, which is about 20 million people or 20 percent more of the workforce.

As a result of layoffs and rising prices quickly, the number of people below the poverty line also increased to about 50 percent of the total population. While busy invade the rich food stores in an atmosphere of panic, worried that prices will continue to soar.

Income per capita reaches 1155 dollars per capita in 1996 and 1088 dollars per capita in 1997, shrank to 610 dollars per capita in 1998, and two of the three population of Indonesia is called the International Labor Organization (ILO) in very poor condition in 1999 if the economy not soon improve.

Central Bureau of Statistics data also show that the economy is still recorded positive growth of 3.4 percent in the third quarter of 1997 and zero percent the last quarter of 1997, continues to shrink sharply to a contraction of 7.9 percent in the first quarter of 1998, 16.5 percent second quarter 1998 , and 17.9 percent third quarter 1998. Similarly, the rate of inflation until August 1998 was 54.54 percent, with inflation rate reached 12.67 percent in February.

In capital markets, Composite Stock Price Index (CSPI) Jakarta Stock Exchange (JSX) dropped to its lowest level, 292.12 points, on September 15, 1998, from 467.339 on July 1, 1997 start of the crisis. While the market capitalization shrank drastically from the Rp 226 trillion to Rp 196 trillion at the beginning of July 1998.

In the money market, the raising of interest rate Bank Indonesia Certificates (SBI) to 70.8 percent and Money Market Securities (SBPU) to 60 percent in July 1998 (from 10.87 per cent respectively and 14.75 percent at the beginning of the crisis) , causing difficulty rising bank. Negative spread of banking experience and was unable to perform its functions as supplier of funds to the real sector.

On the other hand, the export sector is expected to be a savior in the midst of a crisis, it turns out the same collapsed and was unable to utilize the momentum of depreciation of the rupiah, due to debt burden, large dependence on imported components, trade financing difficulties, and stiff competition in the global market.

During the period from January to June 1998, oil exports dropped about 34.1 percent compared to same period 1997, while non-oil exports grew only 5.36 percent.

Anomaly

The crisis of confidence this creates anomalous conditions and make monetary instruments can not work to stabilize the rupiah and the economy. While on the other hand, the fiscal sector is expected to be driving the economy, is also under pressure due to reflux of receipt.

The situation continued to deteriorate rapidly as the government lost direction and orientation in dealing with the crisis. In the middle position goyahnya, Suharto could convey the concept of "IMF Plus", namely the IMF plus CBS (Currency Board System) in front of the Assembly, before finally abandoned the idea altogether March 20, for obtaining an objection here and there could even bring up the tension with IMF, and IMF had suspended the aid.

CBS and the planned abandonment of the government's promise to return to the IMF program, making the IMF and international support to flow again. On 4 April 1998, all three signed a Letter of Intent. However kelimbungan Suharto, has had time to eliminate a variety of momentum or a chance to prevent the ongoing crisis.

Even trigger adrenali society, which previously regarded to be quiet fierce. Popular anger over the helplessness of government to control the crisis in the middle of the prices continue to soar and waves of layoffs, quickly turned into protests, rioting and bloody clashes in the capital city and other areas, which led to the downfall of Suharto on May 21, 1998.

This bloody tragedy in the scale of capital flight triggered a so-called reach 20 billion U.S. dollars, a wave of entrepreneurs leave descendants, the destruction of a national distribution network, interruption of foreign financing, and ditangguhkannya much foreign investment plan in Indonesia.

The emergence of a new government that has no legitimacy, and more busy with maneuvers to win the hearts of the people, not much help the situation. Deterioration of economic conditions, social, and political with this fast continues until at least the second quarter, even the third quarter of 1998. Thus, we have witnessed the worst episodes of the economy through 1998 .*

FINAL REPORT OF THE ECONOMY

Bankrupt Banks Era

INDUSTRY banking during 1998 so the hustle and bustle. Long line of customers banking industry welcomes the beginning of 1998. They really have placed trust in banks under the soles of the feet. Liquidation action without taking into account customer panic, be the beginning of all banking tempest.

Fortunately there is no guarantee of customer deposits, the government issued early 1998 as well. Banking difficulties on one side can be saved because no longer have to dicecer customer panic. However, that assurance can never end the banking crisis had become chronic.

In addition to the legacy of past disease, there are some characters who massacred the banking industry during 1998. First is the legacy of the panic that resulted in customer funding sources empty. Bank Indonesia is to inject liquidity in the form of BLBI. However, the imposition of interest rate BLBI, has also made the owners face a growing burden.

There are other factors that color again, that lending rates higher than the interest rate deposits. The result is a negative spread. Expenses grew just bankers. That said, our banks have stayed buildings without content.

The economic recession has dumped all the loans extended into the garbage. Ideally, owners of the banks themselves have to inject capital to give the spirit of the banking system. However, it can not be done. The owner of the bank also went bankrupt, because loans extended to his own group, trapped in bad loans.

Moreover, some credit has evaporated and most of the savings bank owners in the international banking system. Concerns about an uncomfortable business in Indonesia, have made them run helter-skelter.

As a result, the BI must bear all the burden on the banking. De facto, majority owner of the national banking system is government through the Bank Indonesia. Even most of the private bank's shares have been gripped by the National Bank Restructuring Agency (IBRA).

But the takeover by Bank Indonesia on the shares of national banks, is also not solve the problem. Ideally, as in many countries, governments become helper majority of banking difficulties.

But the government was now like a helter-skelter, suddenly faced with the burden caused ulcers sweeping the banking industry. Ulcers, it is very clearly seen in the majority of bank ratings categorized B (capital has become a negative 25 percent of assets) and C (capital is negative below 25 percent) over the asset.

The government is planning to recapitalize by issuing bonds. It is estimated that there will be Rp 257 trillion to inject bank capital. But the figure was considered too moderate, far from adequate. Own bank nonperforming loans also reached more than Rp 300 trillion. However, Rp 257 trillion figure is also not easy to be fulfilled.
**

BEFORE recapitalization plan, there are a number of policies issued by the government for healthy banks. Ironically, the policies issued by any bank-to nourish the child-like play rope. Back and forth almost always color the government's policy on banking.

Policy in finance and banking are often revised. Take for example, the pattern of a refund of Bank Indonesia Liquidity Support (BLBI) changing. The government previously set a time limit BLBI return for five years, then changed again to one year.

Until finally after going through many-debate, the government set a deadline of four years for the majority share owner suspended bank (BBO) and the banks take over (BTO) to settle their obligations. However, government policy-plintut plintat can confuse market participants and reduce public confidence in the banking sector.

So, do not be surprised if people continue to confuse. Actually, confusion and panic in society are indirectly created by the government through policies that are not intact. After the return policy BLBI already somewhat bright and clear, now appear recapitalization program (additional capital) banks that are part of the national banking restructuring policy.

Policies that would be even then, not yet clear government policy direction to be taken in the banking world. With the government's bank recapitalization berobsesi create a sound banking and strong and able to compete in the global market.
***

IN the middle of the confusion, we asked. How healthy banking system. Until now all that remains a big question? Thus, in 1999, the banking industry can not be expected to operate as normal. They have not quite capable of giving credits.

If anyone can operate normally, it's just foreign banks or mixed, or private banks that had been careful enough to channel the funds. However, the number of banks that can act like a finger only in numbers.

Then how prospective national banking? Until now nobody could give complete answers. Various circles, both domestic and internationally in various seminars, are also very confused to see endemic disease banking. In 1999, will still be continued with a number of questions how to settle the banking system.

But clearly, a liquidation is inevitable. That is part of banking reforms, which could be said, also remains a step summary. Thus, observing the banking industry during 1999 is something they look forward.

Actually there is the most urgent thing that seems to have no correlation, but to nourish the banking industry, it is absolutely necessary. As known, in what is already integrated, the role of capital flows have become a buffer the economy, and banking as well as one country.

That capital flows, including those in the category of portfolio investment in the form of stock-bond or other money market products. Other capital flows, are also referred to as foreign direct investment (FDI flows).

For the Asia Pacific region, including Indonesia, it has happened. But the uniqueness of Indonesia, could not immediately reverse the capital flows out into capital inflows. South Korea and Thailand, are the most accurate and astute, and realize the importance of capital flows back into it.

For Indonesia, although considered attractive, but the bloody riots have made investors terrified to go to Indonesia. Let alone to berbinis, for even they are reluctant to visit. Therefore, political tranquility, is the absolute thing that must be listened to authority.

FINAL REPORT OF THE ECONOMY

Economic Recovery Depends on the Settlement of Political Agenda

IMPLEMENTATION political agenda in a safe, smooth, orderly and in accordance with the aspirations of most people is a must, if desired economy will soon recover. Conversely, when social unrest is increasing, and elections can not be done, it is difficult to expect an economic recovery in quick time.

Admiral Sukardi rate, economic conditions in 1999 are in a critical situation. This means that the national economy at a crossroads between the possibility of recovery and destruction. Half-half chances.

Investors be waiting, whether the elections will run an honest and fair, and democratic. Both are conditional on the establishment of a credible government of the people. If so, then the Indonesian economy will quickly recover, because investors will definitely come back to Indonesia.

Therefore, the desires of the whole people of Indonesia who wants honest elections, fair, transparent, and democratic have actually implemented and not negotiable. According to him, foreign capital inflows as the best way of economic recovery can only happen if there is a clean government, supported by the people, the rule of law and independent judicial system.

The success of the elections and the General Assembly in 1999 are not necessarily just happen. Start now to be prepared. But the shadow of failure is still raging, given the intensity of violence and incidence of robbery and looting that makes people feel unsafe are still common.
***

SEE importance of political settlement, national dialogue pegelaran plan is very important. Through national dialogue, it is expected the figures involved the perception that elections should succeed and fit people's aspirations.

We are both willing, democratic government and supported the people. The government now dare to admit, that he is preparing for the transition and only the government that will come. Instead of national figures should also be brave to admit the current administration.

In addition to political problems, economic sectors, especially monetary reform is also very important, if we expect the economic recovery. Two fundamental problems that must be resolved, namely the restructuring of banking and foreign debt.

First, bank restructuring should be managed. Recapitalization plan probably will not work. Therefore, the government must dare to make the closure of banks that are not solvent, thus only a few banks are strong and professional.

Prior to overcome the private banking sector, state-owned banks should also be completed. If the bank issue is not resolved, then there will be no economic activity, since no Kodal employment and trade.

Second, the problem of foreign debt and private. How far this LN debt problem can be solved. Because, to end the banking crisis of international confidence in the government depends on the settlement of the debt. If default, then the credibility down and investors are reluctant to enter Indonesia.

Chairman of the Indonesian Young Entrepreneurs Association, Haryadi B Sukamdani said, as a businessman it had to be optimistic. But if you look at the field, especially the political developments there, so that there is only feeling anxious and insecure. Because the election is still far away, but the intensity of violence is quite high, especially later when approached the campaign and election.

Therefore, the attitude of employers in 1999 this is definitely going to wait. Investments will not be there. What is happening, the entrepreneurs only increase volume and sales of existing ones. Employers can not rely on the domestic market, but abroad.

If the political settlement, the people support the new government, the economy will quickly return. Of particular concern is that if there was social unrest due to failure of elections that do not accommodate people's aspirations.

With such considerations, the business community see the condition of the national economy in 1999 is like a person who was driving in the middle "thick fog". Heavy fog (socio-political situation-Red) causes the driver (read: employers) can not look far ahead. On the basis of safety considerations, then the rider had no choice but to discontinue the trip and wait until the fog was gone .*



FINAL REPORT OF THE ECONOMY

Rupiah and stock, weaving How Snakes

RUPIAH did not want to miss the red ink has been incised in the history of the economy. Stock markets were the case, the volatile and if drawn looks like a snake winding. Still remember when the rupiah exchange rate is almost through Rp 17,000 per U.S. dollar on June 17, 1998?

Once Suharto's claim to resign as President of the 2nd RI May 21, 1998-estimated what the market and could ease the wave-stroke also helped the rupiah. Rupiah was around Rp 11,000 per U.S. dollar. The tendency of the market weakening rupiah, continued to worsen since the shootings Trisakti May 12, and acts of looting May 14 in Jakarta.

This was followed by a wave of unrest and political action that seemed inexhaustible after the resignation of Suharto. Blows insistently over the rupiah reached his gong, after the Japanese yen currency to depreciate sharply June 12, 1998. The rupiah plummeted further to Rp 17,000, the lowest level during its history.

The economic conditions that have contracted to minus 13 percent, high inflation, soaring interest rates that banks give bad impact for companies including those already listed on the stock. end the banking crisis Composite Stock Price Index (CSPI) Jakarta Stock Exchange (JSE) in September and then finally reached the lowest point of 254 points.

Towards the close of 1998, stock index climbed slightly increased beyond the level of 400 points. Interest rates began to decline due to inflation comes under control and action on foreign exchange speculation which began to subside helped. It is also experienced rupiah which tend to have improved since last September and now continue to roost at the level of Rp 7,000 to Rp 8,000.
***

FOLLOW trip rupiah exchange rate and stock index during 1998 is like up and down mountains with steep valleys and canyons. "The limit is the sky rupiah," said economic analyst Hartojo Wignjowijoto when the rupiah continued to weaken approaching USD 17 000 in June.


Market can not compromise with political developments. Negative condition is aggravated by global developments such as the fall of the yen exchange rate.

The rupiah a year ago is still moving between Rp 4,000 - Rp 5,000 per U.S. dollar. Not too "bad" when associated with the current state of moving between Rp 7,000 - Rp 8,000. However, domestic economic conditions were no longer able to support the rupiah is expected to remain stable since the Bank Indonesia (BI) releases the range of interventions August 14, 1997 and closed 16 private banks in November.

Political maneuvering further exacerbate the market confidence on the Indonesian economy. The presence of candidate for vice president BJ Habibie at the time, make the market believe that Indonesia will remain with a high cost economy. The attitude of the government which also tug assistance programs in reaching agreement with the International Monetary Fund (IMF) further complicate the situation.

It is also seen in stock prices on the JSE. Having had time to soar beyond 700 points in June 1997, the stock index continued to free fall nearly 300 points in December and January 1998. Luckily, the government signed a letter of intent with the IMF on January 15, making foreign exchange and stock markets reacted positively to the improving economy.

The rupiah strengthened immediately return to below USD 10,000. Even had time to be under Rp 8,000 per U.S. dollar in February. BI intervention in the foreign exchange market helped. Revision of the Draft State Budget 1998 / 1999, an act of the first revision done during this administration, also shows the serious attitude of government in a crisis.

On the stock market, stock prices also jumped back. The index continues to rise above 500 points in February 1998. According to market observers Jasso Winarto that time, foreign investors began to target the seed stocks of Indonesia when it was very cheap. The agreement with the IMF also gave positive sentiment Indonesia's economic crisis will soon improve.
***

AS many observers say, Indonesia's financial crisis was already widened into an economic crisis. Not only that, the crisis also began to get into politics which has practically become "taboo areas." As a result, the belief in the Indonesian economy is slowly but surely, began to disappear.

Letter of credit (L / C) from Indonesia is no longer acceptable to all parties in foreign countries. More frantic again, overseas borrowers urged the recipients of loans in the country to immediately pay its debts. At that time, an estimated 9.8 billion U.S. dollars of short-term private sector debt maturing Indonesia. As a result, pressure on the rupiah increasingly insistent.

Foreign exchange markets and stock exchanges such as have been broken charcoal against the government of Indonesia. As already stated above, since it kept the rupiah plunged to nearly USD 17 000 (in Singapore has reached USD 17 000). Stock price index also began to show declining tendency through the number 400 points to go up a little just a few times minor correction.

Since June and July 1998, the rupiah which reached the lowest rate, slowly began to improve. The pressure on the rupiah began to weaken, after some negotiations for the settlement of private foreign debt reached an agreement in Frankfurt, Germany. The IMF also began to disburse aid funds. A number of friendly countries are also beginning to show a supportive attitude of Indonesia's economic program.

Unfortunately, this recovery step has not been seen in the stock market. Stock prices kept falling. Not infrequently, the share price on the JSE was worth the price of candy. The price of cigarettes or mineral water far above the price per share. Stock index continues to fall until September to its lowest 254 points.

The question is whether the rupiah exchange rate and stock index will still be stable at this level when entering the year 1999? End of 1998, the rupiah and the stock recovered somewhat. However, as noted, the problem faced by an individual or a nation, must begin to be resolved from ourselves.

That means, since the current government should be able to solve all economic and political issues in the country. Transparent, firm, clear, and quickly needed. Do not get even cause confusion and obscurity .*

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