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

Policies to Support the Development of Indonesia’s Manufacturing Sector during 2020–2024
Author:
Publisher: Asian Development Bank
Total Pages: 470
Release: 2019-01-01
Genre: Business & Economics
ISBN: 9292614894

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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

Policies to Support the Development of Indonesia's Manufacturing Sector During 2020-2024
Author: ASIAN DEVELOPMENT BANK.
Publisher:
Total Pages: 334
Release: 2019
Genre:
ISBN: 9789292614881

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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

Supporting Post-COVID-19 Economic Recovery in Southeast Asia
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 150
Release: 2022-05-01
Genre: Medical
ISBN: 9292695037

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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

OECD Investment Policy Reviews: Indonesia 2020
Author: OECD
Publisher: OECD Publishing
Total Pages: 279
Release: 2020-12-16
Genre:
ISBN: 9264560157

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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

Why the Manufacturing Sector Still Matters for Growth and Development in Indonesia
Author: Sjamsu Rahardja
Publisher:
Total Pages:
Release: 2012
Genre:
ISBN:

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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.


Reaping the Benefits of Industry 4.0 Through Skills Development in Indonesia

Reaping the Benefits of Industry 4.0 Through Skills Development in Indonesia
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 179
Release: 2021-01-01
Genre: Business & Economics
ISBN: 9292624539

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This report explores the implications of the Fourth Industrial Revolution (4IR) on the future of the job market in Indonesia. It assesses how jobs, tasks, and skills are being transformed in food and beverage as well as in automotive manufacturing. These two industries have high relevance to 4IR technologies and both are important to Indonesia’s national employment, economic growth, and international competitiveness. They are also likely to benefit considerably from the transformational effect of 4IR, if there is adequate investment in jobs, skills, and training. The report is part of series developed from an Asian Development Bank study on trends in skills demand in Cambodia, Indonesia, the Philippines, and Viet Nam.


Indonesia's Industrial Transformation

Indonesia's Industrial Transformation
Author: Hal Hill
Publisher: Institute of Southeast Asian Studies
Total Pages: 438
Release: 1997
Genre: Business & Economics
ISBN: 9789813055704

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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.


Innovate Indonesia

Innovate Indonesia
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 242
Release: 2020-03-01
Genre: Political Science
ISBN: 9292620401

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New technologies present governments with opportunities and challenges in a range of key policy areas such as employment, competitiveness, equity, and sustainability. A consensus is that the national government can play an important role in stimulating innovation. This report explores policy options to facilitate Indonesia's technological transformation and unlock its economic growth potential.


Indonesia and the Asian Development Bank

Indonesia and the Asian Development Bank
Author: Peter McCawley
Publisher: Asian Development Bank
Total Pages: 311
Release: 2020-06-01
Genre: Business & Economics
ISBN: 929262203X

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This publication is a history of the partnership between Indonesia and the Asian Development Bank (ADB). When Indonesia became a founding member of the bank in 1966, the country faced daunting challenges. In the five decades that passed, both Indonesia and ADB have evolved in remarkable ways. Indonesia developed rapidly through the late 1990s yet faced a difficult time of adjustment after the Asian financial crisis of 1997–1998. The country has since resumed growth in the last decade. For its part, ADB has widened its activities in Indonesia, transforming from a project-oriented bank into a broad-based development institution. This effective partnership reflects Indonesia’s success in working with the international community in the past 50 years.


Reaping the Benefits of Industry 4.0 Through Skills Development in Cambodia

Reaping the Benefits of Industry 4.0 Through Skills Development in Cambodia
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 186
Release: 2021-01-01
Genre: Business & Economics
ISBN: 9292624563

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This report explores the implications of the Fourth Industrial Revolution (4IR) on the future of the job market in Cambodia. It assesses how jobs, tasks, and skills are being transformed, particularly in tourism and garment manufacturing as the top two industries with the largest employment in the country. These two industries are likely to benefit from the transformational effect of 4IR, if there is adequate investment in jobs, skills, and training. The report is part of series developed from an Asian Development Bank study on trends in skills demand in Cambodia, Indonesia, the Philippines, and Viet Nam.