Against the backdrop of growing anti-globalisation sentiments and increasing fragmentation of the production process across countries, this book addresses how the Indonesian economy should respond and how Indonesia should shape its trade and industrial policies in this new world trade environment. The book introduces evaluation not on tariffs but on new trade instruments such as non-tariff measures (SPS, TBT, export measures and beyond border measures), and looks at industrial policies from a broader perspective such as investment, accessing inputs, labour, services, research and innovation policies.
'This book combines very senior and renowned academics and practitioners with rising stars, and has a nice balance of Indonesian and foreign authors. […] In terms of quality of research, analysis, and exposition, most of the chapters place Indonesia’s experiences in an historical and comparative context… They also present nice combinations of sound conceptual frameworks and empirical data, offering good examples of evidence-based policy analysis. […] This book’s illuminating analyses and pragmatic recommendations merit serious consideration by Indonesia’s leaders as Indonesia prepares for its next presidential election.' — Asian-Pacific Economic Literature, Volume 32 Issue 2, p144-146
1 Introduction (Lili Yan Ing and Sri Mulyani Indrawati)
2 Export Specialisation in East and Southeast Asia: Lessons from China's ‘Exceptional’ Development (Gordon H. Hanson)
3 Indonesia’s Trade Policy in the New World Trade (Lili Yan Ing, Mari Elka Pangestu and Olivier Cadot)
4 Indonesian Industrialisation and Industrial Policy: Catching Up, Slowing Down, Muddling Through (Haryo Aswichayono and Hal Hill)
5 Why is Indonesia Left Behind in Regional Production Networks? (Ben Shepherd and Moekti Soejachmoen)
6 Development of Exports in Indonesian Manufacturing: A Look at Micro Data (Ari Kuncoro)
7 Indonesia’s Manufacturing Export Competitiveness: A Unit Labour Cost Analysis (Rully Prassetya)
8 Labour Market and Firm Competitiveness in Indonesia: Issues and Challenges (Muhammad Purnagunawan, Devanto Shasta Pratomo and Daniel Suryadarma)
9 Assessing the Impact of Local Content Requirements on Indonesia’s Manufacturing (Siwage Dharma Negara)
10 Foreign Direct Investment and Value Added in Indonesia (Fredrik Sjöholm)
11 Innovation in the Manufacturing and Service Sectors: Determinants and Challenges (Günther Schulze and Ute Schulze)
ERIA was established in 2008 with the objective of contributing intellectually to economic development of the East Asia region with a special focus on the ASEAN. ERIA’s current research is centered around three broad themes, deepening integration, narrowing development gaps, and sustainable development. The book series promotes policy discussions and deepens understanding of the economic issues in East Asia, the world fastest growing region.