Facilitating Global Trade and Investment and Leveraging Value Added in Downstream Industries

Raihan M. Ramadhan and Pyan Muchtar
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Raihan M. Ramadhan: Economic Research Institute for ASEAN and East Asia (ERIA)

No PB-2022-07, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: Despite facing global uncertainties, Indonesia has achieved macroeconomic stability, supported by strong responses in fiscal and monetary policy, as well as robust domestic supply chains. By using its natural resources and following the global trend of green industries, Indonesia aims to become a key player in the global renewable energy market. Sound infrastructure is one of the key requirements to attract high-profile investments, but Indonesia struggles with poor and unequal infrastructure. Cumbersome bureaucracy and restrictiveness towards services trade also hinder the nation from reaching its potential. Strengthening physical, human, and institutional infrastructure will help the country secure investments and boost trade.

Pages: 4 pages.
Date: 2023-01-10
New Economics Papers: this item is included in nep-ene, nep-env, nep-int and nep-sea
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Citations: View citations in EconPapers (2)

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