Arif, M. Tasrif with Khalid Saeed, "Economic Growth and Development Policy in Oil Dependent Indonesia", 1986

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This study uses a system dynamics model to understand the process of economic growth in the oil dependent economy of Indonesia. Many long-run growth patterns resulting from the various intuitively appealing development policies are analysed and an attempt is made to identify the best policy set for attaining a sustainable growth pattern. The study shows that influencing factor prices in a way to facilitate adoption of capital intensive technologies increases acceleration of growth and is a key policy to sustain growth in the long run.

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Date created
  • 1986
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Processing Activity License

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System Dynamic Society Records

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