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

2012
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Release : 2012
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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.

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
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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.

Indonesia

1993 Business & Economics
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Release : 1993
Genre : Business & Economics
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Book Synopsis Indonesia by : Sarwar Hobohm

Download or read book Indonesia written by Sarwar Hobohm. This book was released on 1993. Available in PDF, EPUB and Kindle. Book excerpt: For those planning to trade with, invest in or set up in Indonesia, this report presents an analysis of its industrial base. It is broken down into three chapters. Chapter One surveys the processes of economic growth and structural change within the country. It also reviews the policy environment within which these changes took place. The second chapter gives a focused analysis of the manufacturing sector. All the key issues involved in growth and structural change are discussed in detail, including employment, productivity, ownership, location, environmental impact and trade. It explains the way in which manufacturing diversification has been achieved in recent years and identifies new trends. Following an analysis of the manufacturing sector at an aggregated level, Chapter Three goes on to provide a more specific analysis of its various branches and industries. It assesses the resource base; the recent development trends; and the constraints and prospects for each branch. All the major manufacturing sectors and many individual industries are covered in detail.

Indonesia's Industrial Transformation

1997 Business & Economics
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Release : 1997
Genre : Business & Economics
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Book Rating : 704/5 ( reviews)

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Book Synopsis Indonesia's Industrial Transformation by : Hal Hill

Download or read book Indonesia's Industrial Transformation written by Hal Hill. This book was released on 1997. Available in PDF, EPUB and Kindle. Book excerpt: Indonesia, the world's fourth most populous nation, has experienced a remarkable economic transformation over the past 30 years. In the mid 1960s it was one of the poorest countries in the developing world, but by the 1990s it had joined the group of Asian 'tiger' economies. This set of essays examines the record of industrialization, which has been central to Indonesia's rapid development. Successive sections provide an overview of the industrialization process, case studies of selected industries, the contribution of foreign investment and technological development, the role of small-medium industry, and a range of industrial policy issues. Drawing on the country's much improved statistical base, this empirically oriented volume highlights both the achievements of the 'New Order' regime and the many challenges which lie ahead.

Trouble in the Making?

2017-10-12 Business & Economics
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Release : 2017-10-12
Genre : Business & Economics
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Book Rating : 938/5 ( reviews)

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Book Synopsis Trouble in the Making? by : Mary Hallward-Driemeier

Download or read book Trouble in the Making? written by Mary Hallward-Driemeier. This book was released on 2017-10-12. Available in PDF, EPUB and Kindle. Book excerpt: Technology and globalization are threatening manufacturing’s traditional ability to deliver both productivity and jobs at a large scale for unskilled workers. Concerns about widening inequality within and across countries are raising questions about whether interventions are needed and how effective they could be. Trouble in the Making? The Future of Manufacturing-Led Development addresses three questions: - How has the global manufacturing landscape changed and why does this matter for development opportunities? - How are emerging trends in technology and globalization likely to shape the feasibility and desirability of manufacturing-led development in the future? - If low wages are going to be less important in defining competitiveness, how can less industrialized countries make the most of new opportunities that shifting technologies and globalization patterns may bring? The book examines the impacts of new technologies (i.e., the Internet of Things, 3-D printing, and advanced robotics), rising international competition, and increased servicification on manufacturing productivity and employment. The aim is to inform policy choices for countries currently producing and for those seeking to enter new manufacturing markets. Increased polarization is a risk, but the book analyzes ways to go beyond focusing on potential disruptions to position workers, firms, and locations for new opportunities. www.worldbank.org/futureofmanufacturing

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