Economy of Indonesia - Economic Relations With The United States

Economic Relations With The United States

U.S. exports to Indonesia in 1999 totaled $2.0 billion, down significantly from $4.5 billion in 1997. The main exports were construction equipment, machinery, aviation parts, chemicals, and agricultural products. U.S. imports from Indonesia in 1999 totaled $9.5 billion and consisted primarily of clothing, machinery and transportation equipment, petroleum, natural rubber, and footwear. Economic assistance to Indonesia is coordinated through the Consultative Group on Indonesia (CGI), formed in 1989. It includes 19 donor countries and 13 international organizations that meet annually to coordinate donor assistance.

The U.S. Agency for International Development (USAID) has provided development assistance to Indonesia since 1950. Initial assistance focused on the most urgent needs of the new republic, including food aid, infrastructure rehabilitation, health care, and training. Through the 1970s, a time of great economic growth in Indonesia, USAID played a major role in helping the country achieve self-sufficiency in rice production and in reducing the birth rate.

USAID's current program aims to support Indonesia as it recovers from the financial crisis by providing food aid, employment generating activities, and maintaining critical public health services. USAID is also providing technical advisers to help the Indonesian Government implement economic reforms and fiscal decentralization and is supporting democratization and civil society development activities through non-governmental organizations.

Read more about this topic:  Economy Of Indonesia

Famous quotes containing the words united states, economic, relations, united and/or states:

    It is a curious thing to be a woman in the Caribbean after you have been a woman in these United States.
    Zora Neale Hurston (1891–1960)

    The labor of women in the house, certainly, enables men to produce more wealth than they otherwise could; and in this way women are economic factors in society. But so are horses.
    Charlotte Perkins Gilman (1860–1935)

    Children, who play life, discern its true law and relations more clearly than men, who fail to live it worthily, but who think that they are wiser by experience, that is, by failure.
    Henry David Thoreau (1817–1862)

    Madam, I may be President of the United States, but my private life is nobody’s damn business.
    Chester A. Arthur (1829–1886)

    A little group of willful men, representing no opinion but their own, have rendered the great government of the United States helpless and contemptible.
    Woodrow Wilson (1856–1924)