Demographics
During the Suharto dictatorship Balikpapan achieved unprecedented economic growth by attracting foreign investments, particularly in the exploitation of natural and mineral resources. The policy was heavily criticized for uncontrolled environmental damage and corrupt bureaucrats and politicians, but it significantly boosted urban development in resource-rich cities. In the 1970s Balikpapan experienced 7% population growth annually, while exports of timber and petroleum increased dramatically.
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