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Financial. Rare-earth. Economy of Indonesia. Indonesia has the largest economy in Southeast Asia and is one of the emerging market economies of the world.

Economy of Indonesia

The country is also a member of G-20 major economies and classified as a newly industrialized country.[14] It has a market economy in which the government plays a significant role through ownership of state-owned enterprises (the central government owns 141 enterprises) and the administration of prices of a range of basic goods including fuel, rice, and electricity. In the aftermath of the financial and economic crisis that began in mid-1997 the government took custody of a significant portion of private sector assets through acquisition of nonperforming bank loans and corporate assets through the debt restructuring process. Since 1999 the economy has recovered and growth has accelerated to over 4%-6% in recent years.[15] History[edit] In the 1960s, the economy deteriorated drastically as a result of political instability.

Marinha da Índia afunda navio pirata na costa da Somália. Thai economy emerges from recession as exports pick up. 21 February 2011Last updated at 11:21 Inflation has hurt consumers' spending power Thailand's economy has emerged from recession, the latest figures show.

Thai economy emerges from recession as exports pick up

Gross domestic product grew at a quarterly rate of 1.2% in the last three months of 2010, the National Economic and Social Development Board said. Daewoo leases African plantation. South Korean firm Daewoo has unveiled plans to plant corn on one million acres of land in Madagascar, to sharply cut its reliance on US imports.

Daewoo leases African plantation

Daewoo is leasing the vast tract of land - half the size of Belgium - for 99 years and hopes to produce 5 million tonnes of corn a year by 2023. It will use South African expertise and local labour on the plantations.