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

Published: 2019-01-01

Total Pages: 470

ISBN-13: 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:

Published: 2019

Total Pages: 334

ISBN-13: 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.


Innovate Indonesia

Innovate Indonesia

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2020-03-01

Total Pages: 242

ISBN-13: 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.


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

Published: 2021-01-01

Total Pages: 179

ISBN-13: 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 and the Asian Development Bank

Indonesia and the Asian Development Bank

Author: Peter McCawley

Publisher: Asian Development Bank

Published: 2020-06-01

Total Pages: 311

ISBN-13: 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

Published: 2021-01-01

Total Pages: 186

ISBN-13: 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.


Navigating Prosperity and Security in East Asia

Navigating Prosperity and Security in East Asia

Author: Shiro Armstrong

Publisher: ANU Press

Published: 2023-05-18

Total Pages: 248

ISBN-13: 1760465666

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The world’s two largest economies, the United States and China, are locked in a trade war, complicating policy choices internationally. These choices are sharper for the countries of East and Southeast Asia than they are elsewhere, because the multilateral rules-based economic order on which East Asian economic integration and cooperation is built is under threat. Economic policy has never been separate from security considerations. For decades, the national security risks inherent in economic exchange have been mitigated under a US-led system that allowed the strengthening of economic ties, including between China and the rest of the world. But economics and security are increasingly entangled in a way that is damaging to both, creating a dangerous trade-off. Now, as global uncertainties grow, the risks of international exchange—rather than its benefits—are beginning to dominate the calculus for some policymakers. Against this backdrop, how can Southeast Asian countries and US allies in Asia balance their security interests and their economic interests? And how can these countries, individually and collectively, broaden their policy options and deepen economic integration? This volume investigates the domestic and international dimensions of these questions.


Reaping the Benefits of Industry 4.0 through Skills Development in High-Growth Industries in Southeast Asia

Reaping the Benefits of Industry 4.0 through Skills Development in High-Growth Industries in Southeast Asia

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2021-01-01

Total Pages: 168

ISBN-13: 9292624679

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This synthesis report explores the implications of the Fourth Industrial Revolution (4IR) on the future of the job market in Southeast Asia. It is part of the series of reports that assesses how jobs, tasks, and skills are being transformed in industries with high relevance to 4IR technologies in Cambodia, Indonesia, the Philippines, and Viet Nam. The series provides recommendations to strengthen policies, skills, and training as well as new approaches, strategies, and actions to enhance the readiness of each country’s workforce for 4IR.


China’s Rise, Asia's Decline: Asia’s difficult outlook under China’s shadow

China’s Rise, Asia's Decline: Asia’s difficult outlook under China’s shadow

Author: William Bratton

Publisher: Marshall Cavendish International Asia Pte Ltd

Published: 2020-01-15

Total Pages: 181

ISBN-13: 9814928968

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China’s rise will be long-term punitive for the rest of Asia. Across all aspects of Asian geopolitics and economics, China’s ascendency to regional hegemonic status will result in the decline of its neighbours’ political independence, economic dynamism and future growth potential. Any short-term benefits of China’s growth, such as increased trade, will be transitory. The longer-term implications of its emergence as the regional hegemon will be greater economic and financial dependencies and vulnerabilities, the large-scale shift of business activity to within its boundaries and its increasing geopolitical influence across the region. The challenge for China’s neighbours is how to respond to these evolving dynamics, especially as their strategic options are increasingly limited and few of the potential future scenarios are long-term positive. China’s rise, therefore, be Asia’s decline.