We might have got more growth but it would have been unsustainable. As many countries have discovered, after a temporary boom, we would end up in stagflation, with weak growth and high inflation.
In our case, this task is not made any easier by the fact that the Indonesia’s estimated population of around 240 million at the end of 2008 is spreading in almost a thousand inhibited islands. Another important issue that the central bank and issuing authority have to deal with considering its severe impact on the economy is the counterfeiting activity.