Election and Economic Depression

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One month prior to the legislative election in Indonesia, the world is officially declared to be in an economic recession. Global economic growth for 2009 which was predicted to be only 0.5 percent, in just 2 months was corrected by the International Monetary Fund (IMF) and the World Bank to become zero percent. It is the worst growth since the World War II. It also potentially leads to a number of impacts; from unemployment, rampant poverty, famine, riots, until wars. Thus, the IMF was right when it concluded that the current recession is a problem of mankind and their future.


Read more the above article in two languages. The English version can be accessed in the Socdem Asia Website, and the Indonesian version in IndoPROGRESS.

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