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Policies to Support the Development of Indonesia’s Manufacturing Sector during 2020–2024

2019-01-01 Business & Economics
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Release : 2019-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 894/5 ( reviews)

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Book Synopsis Policies to Support the Development of Indonesia’s Manufacturing Sector during 2020–2024 by :

Download or read book Policies to Support the Development of Indonesia’s Manufacturing Sector during 2020–2024 written by . This book was released on 2019-01-01. Available in PDF, EPUB and Kindle. Book excerpt: Indonesia's gross domestic product growth rate declined significantly after the Asian financial crisis (AFC) of 1997–1998. The country's potential and balance-of-payments growth rates are only about 5.5% and 3%, respectively. One important reason is that the country's industrialization pace declined after the AFC. Today, Indonesia is still exporting many unprocessed natural resources and simple manufactures (not complex products) with a low income elasticity of demand. This report analyzes how Indonesia's manufacturing sector could diversify and upgrade during 2020–2024 and beyond. This is essential if Indonesia is to attain upper middle-income status as soon as possible. Policy makers and the private sector need to collaborate to identify the coordination failures that hamper the discovery of those products that Indonesia could successfully produce and export. These must be complex products with a high income elasticity of demand. The report proposes a number of policies to expedite this process.

Policies to Support the Development of Indonesia's Manufacturing Sector During 2020-2024

2019
Download Policies to Support the Development of Indonesia's Manufacturing Sector During 2020-2024 PDF Online Free

Author :
Release : 2019
Genre :
Kind : eBook
Book Rating : 881/5 ( reviews)

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Book Synopsis Policies to Support the Development of Indonesia's Manufacturing Sector During 2020-2024 by : ASIAN DEVELOPMENT BANK.

Download or read book Policies to Support the Development of Indonesia's Manufacturing Sector During 2020-2024 written by ASIAN DEVELOPMENT BANK.. This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: This report analyzes how Indonesia's manufacturing sector could diversify and upgrade during the 2020-2024 period and beyond. This is considered essential if Indonesia is to attain upper-middle-income status as soon as possible. The report asserts that policy makers and the private sector need to collaborate to identify the coordination failures that hamper the discovery of those products that Indonesia could successfully produce and export. The report proposes a number of policies to expedite this process.

Supporting Post-COVID-19 Economic Recovery in Southeast Asia

2022-05-01 Medical
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Release : 2022-05-01
Genre : Medical
Kind : eBook
Book Rating : 037/5 ( reviews)

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Book Synopsis Supporting Post-COVID-19 Economic Recovery in Southeast Asia by : Asian Development Bank

Download or read book Supporting Post-COVID-19 Economic Recovery in Southeast Asia written by Asian Development Bank. This book was released on 2022-05-01. Available in PDF, EPUB and Kindle. Book excerpt: This report identifies well-established sectors needing transformation or improvement (tourism, agro-processing, and garments), along with evolving sectors with high potential for growth (electronics and digital trade) as Southeast Asian countries hammer out policies to boost post-COVID-19 recovery and secure a greener future. The first in a four-part series, the report looks at the pandemic’s impact on these five sectors across Cambodia, Indonesia, Myanmar, the Philippines and Thailand. It identifies reforms and strategies to help core industries recover and grow over the medium term. This report underscores how deepening regional cooperation can help policy makers boost their countries’ COVID-19 recovery and build more resilient economies and societies.

OECD Investment Policy Reviews: Indonesia 2020

2020-12-16
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Release : 2020-12-16
Genre :
Kind : eBook
Book Rating : 157/5 ( reviews)

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Book Synopsis OECD Investment Policy Reviews: Indonesia 2020 by : OECD

Download or read book OECD Investment Policy Reviews: Indonesia 2020 written by OECD. This book was released on 2020-12-16. Available in PDF, EPUB and Kindle. Book excerpt: Building on the achievements since the first OECD Investment Policy Review of Indonesia a decade ago, this 2nd Review presents an assessment of the investment climate in Indonesia to support the government in its ongoing reform efforts.

Why the Manufacturing Sector Still Matters for Growth and Development in Indonesia

2012
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Release : 2012
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Why the Manufacturing Sector Still Matters for Growth and Development in Indonesia by : Sjamsu Rahardja

Download or read book Why the Manufacturing Sector Still Matters for Growth and Development in Indonesia written by Sjamsu Rahardja. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt: Is Indonesia's manufacturing sector still relevant for growth and development? As a result of the last boom in global commodity prices between 2003 and 2008, resources in Indonesia shifted towards commodities and resource-based manufacturing as these sectors seemed to promise higher returns on investment. In recent quarters, however, the manufacturing sector has exhibited stronger output growth rates and attracted more investment. This note argues that building on the current momentum of manufacturing growth is critical for Indonesia's development (i) to support the creation of higher-productivity jobs, (ii) to sustain higher economic growth and progress in structural change, and (iii) to achieve long-term prosperity. Finally, this note also shows how the Master Plan for the acceleration and expansion of Indonesia's economic development (MP3EI) acknowledges the importance of the manufacturing sector for economic growth.

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