Can you point out the differences and similarities between OECD countries and Indonesia?

  Reference: https://www.youtube.com/watch?v=pf8DrjlCY2g

Student name : Ebrahim Omar 

Student card: 01218201

 there are many things to improve the economic ... 8  percent throughout 2014. Recent economic indicators have increased our confidence that the 

job market gains will continue. For example, nonfarm payrolls have recently been increasing at 

a pace of about 200,000 jobs per month, and the unemployment rate has fallen by 0.6 percentage point since June. With fiscal restraint likely diminishing and with signs that household spending is picking up, we expect economic growth to be strong enough to support further job gains.. . . . . 

As you know, we have been purchasing $85 billion per month in longer-term Treasury 

.and agency mortgage-backed securities. Starting in January

in my opinion that Monetary policy is the policy adopted by the monetary authority of a country that controls either the interest rate payable on very short-term borrowing or the money supply, often targeting inflation or the interest rate to ensure price stability and general trust in the currency... Further goals of monetary policy are usually to contribute to the stability of GDP, to achieve and maintain low unemployment, and to maintain a predictable exchange rate with other Currency.

A developed country, industrialized country, more developed country, or more economically developed country (MEDC), is a sovereign state that has a developed economy and advanced technological infrastructure relative to other less industrialized nations.

 i think that Most commonly, the criteria for evaluating the degree of economic development are a gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and the general standard of living. Which criteria are to be used and  whichcountries can be classified as being developed are subjects of debate.