Maximizing Opportunities from Global Supply Chains : An Agenda for Reform
The pattern of global trade in goods has changed substantially over the last two decades with a rapid increase in trade in intermediate inputs, such as parts and components, and a significant increase in the role of services inputs. Indonesia can b...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Jakarta
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/12/19787611/maximizing-opportunities-global-supply-chains-agenda-reform-policy-note-iv http://hdl.handle.net/10986/23510 |
| Summary: | The pattern of global trade in goods has
changed substantially over the last two decades with a rapid
increase in trade in intermediate inputs, such as parts and
components, and a significant increase in the role of
services inputs. Indonesia can benefit greatly from
increasing its participation in global supply chains. With
GDP expected to grow 5-6 percent annually, Indonesia will by
2030 have an additional 90 million middle class consumers,
while 70 percent of the population will be of working age.
At present, Indonesia is not reaping gains from economic
globalization to the fullest extent due to weak integration
into global supply chains. Better integration would allow
Indonesia to further diversify its economy. To do so,
however, Indonesia needs to improve its infrastructure, the
business environment and education levels in order to better
participate in, and reap the benefits from, global supply chains. |
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