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The economy of Indonesia is a mixed economy with dirigiste characteristics, [31] [32] and it is one of the emerging market economies in the world and the largest in Southeast Asia.
The New Economic Policy (NEP) (Malay: Dasar Ekonomi Baru (DEB)) was a social re-engineering and affirmative action program formulated by the National Operations Council (NOC) in the aftermath of the 13 May Incident in Malaysia.
Circulation model of economic flows for a closed market economy.In this model the use of natural resources and the generation of waste (like greenhouse gases) is not included.
The origin of ORTKP-EKM can be traced back to the foundation of Economic Research Center (Pusat Penelitian Ekonomi, PPE) which was founded on 1962.The PPE was a unit of Indonesian Council of Sciences (Majelis Ilmu Pengetahuan Indonesia, MIPI), predecessor of Indonesian Institute of Sciences (Lembaga Ilmu Pengetahuan Indonesia, LIPI).
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Pancasila economics (Indonesian: Ekonomi Pancasila), also known as "Indonesian populist economics" (Indonesian: Ekonomi kerakyatan Indonesia), is an economic system which aims to reflect the five principles of Pancasila. [1] The term "Pancasila economy" first appeared in an article by Emil Salim in 1967. [2]
The Solow–Swan model or exogenous growth model is an economic model of long-run economic growth.It attempts to explain long-run economic growth by looking at capital accumulation, labor or population growth, and increases in productivity largely driven by technological progress.