Jennie M. Xue

When Indonesia needs Al Gore more

by Jennie S. Bev

It has been seven years since the Millennium Development Goals (MDGs) resolution was signed by all members of the United Nations in the fourth quarter of 2000. Little has been done to publicize this move, which is meant to help eradicate poverty and improve other issues, such as environmental problems.

The good news is there is a prophetic advocate of environmental issues named Al Gore, who has decided not to run for the U.S. presidency this coming election, but instead join a large venture capitalist firm in Silicon Valley. His presence in one of the intellectual hubs of the world is a strong moral force that will help in enforcing many elements of sustainable development worldwide, including the achievement of the MDGs.

GDP, poverty, and Gross National Happiness

by Jennie S. Bev

A recent presentation of Indonesia's 2007 fourth quarter macroeconomic and reform progress by Dorodjatun Kuntjoro-Jakti, the former coordinating minister of economic affairs and the former ambassador of Indonesia to the United States, in San Francisco brought to light a promising outlook for economic recovery.

With current GDP growth of 6.3 percent, controllable inflation of around 6 percent and a credit rating of BB+ with a spread of 200 basis point, the macroeconomic picture is hopeful.