The government of Indonesia has setambitious goals for development, envisioning high, inclusiveand sustainable growth over the coming years. Indonesia hasthe resource endowments and the potential to attain thesegoals. To turn this potential into reality, the privatesector needs to increase investment and productivity tobecome a growth-engine for quality jobs to meet the needs ofa rapidly increasing labor force. This note argues thatmaintaining and deepening Indonesia s integration into theglobal marketplace will facilitate this process. Policiesthat encourage greater integration into the world economyare no substitute, however, for a broader developmentstrategy that takes into account, on one hand, that publicsupport may be needed to improve the general businessclimate and quality of human capital, particularly logisticsservices, and on the other, that there remains room forcorrective action to compensate groups that may benegatively impacted in the process of integration into theworld economy.
PDF
download
878987797
028-85220240
