Skip to main content Accessibility help
×
Hostname: page-component-cd9895bd7-gbm5v Total loading time: 0 Render date: 2024-12-25T04:21:05.927Z Has data issue: false hasContentIssue false

15 - International cooperation and the management of globalisation: the Indonesian experience

from PART 5 - Navigating The New Globalisation

Published online by Cambridge University Press:  08 June 2019

Titik Anas
Affiliation:
Founder of Presisi Indonesia; and Lecturer, Padjadjaran University, Bandung
Dionisius Narjoko
Affiliation:
Senior Economist, Economic Research Institute for ASEAN and East Asia (ERIA), Jakarta
Get access

Summary

In this chapter we discuss how international trade cooperation has influenced the process of globalisation in Indonesia. International trade cooperation here refers to the set of rules and institutions, binding and non-binding commitments, and principles and best practices that define the conduct of international trade, including the movement of goods, ser¬vices, investment and people. We evaluate the role of international trade cooperation in shaping both the reform process in Indonesia and, more generally, Indonesia's response to globalisation. We are interested in how the country has managed to balance the domestic political pressure for protection, on the one hand, against its role in international forums, on the other.

The chapter consists of five sections. In the first section we discuss the experience of Indonesia with globalisation. We then examine the role of international trade arrangements such as the General Agreement on Trade and Tariffs (GATT), the World Trade Organization (WTO), the Asso¬ciation of Southeast Asian Nations (ASEAN) and Asia-Pacific Economic Cooperation (APEC) in shaping that experience. Next, we highlight two cases in which trade facilitation has contributed to Indonesia's global eco¬nomic integration: logistics and tourism. This is followed by a discussion of the recent trend towards protectionism in Indonesia and its implica-tions for regional trade negotiations. We end with some conclusions and recommendations.

THE CASE FOR GLOBALISATION: INDONESIA's EXPERIENCE

Globalisation has benefited a large number of countries. As one of the East Asian ‘miracle’ countries, Indonesia achieved high and sustained eco¬nomic growth, reductions in poverty and improvements in equity during the period 1965–90 by maintaining an open trade and investment policy (World Bank 1993). Many developing countries were able to grow faster than the advanced economies, leading to a narrowing of the gap between the two groups of nations. Baldwin (2016), for instance, shows that the share of developed (G7) economies in world GDP has declined sharply since 1990, while that of six fast-growing industrialising countries (China, Korea, India, Indonesia, Poland and Thailand) has risen.

Type
Chapter
Information
Indonesia in the New World
Globalisation, Nationalism and Sovereignty
, pp. 294 - 316
Publisher: ISEAS–Yusof Ishak Institute
Print publication year: 2018

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×