The Indonesian government under President Joko Widodo aspires to reach an economic growth above 6%. For 2017, the government has set a target of Indonesia's economic growth by 5.1% and expect it to increase to 5.4-6.1% in 2018. One source of growth will come from international trade, in particular from non-oil export, which is targeted to grow above 5% annually. These are ambitious targets which may not be achievable under the existing trade governance regime and global economic environment.
Since the Asian Financial Crisis on 1998 there has been a significant change in the structure of Indonesia’s trade and in the trade policy approach. The rise of China as a major economic power has increased the demand for Indonesia main commodity exports, such as coal and agriculture products. Commodity exports has taken over the importance of manufacturing in Indonesia non-oil export. As demand for these commodities tend to be more elastic, the Indonesian economy became more vulnerable to the ups and downs of the global economy. At the same time, the past fifteen years has also seen a reversal in trade and industrial policy direction toward a more inward looking approach, emphasizing more on building domestic value added through domestic content policy rather than promoting trade. This policy reversal, combined with lagging investment in infrastructure, very likely has contributed to the declining role of manufacture’s export and Indonesia’s low participation in the global value chain.
The digital revolution has taken place in the past twenty years have changed many international trade practices. It has prompted the emergence of digital economy, where trading is undertaken through the internet rather through traditional means. The role of services sector, in particular the ICT sector, is crucial for exchange of information and the speed and ease of trade flows. Without and efficient ICT sector and an effective ICT policy it will be difficult for Indonesian economy to integrate into the global value chain.
On various occasions, the President of Indonesia has declared that Indonesia is now part of a globalized economy. Indonesia is an open economy that relies on international trade for economic growth and therefore needs to have greater access to the world’s main market. Nevertheless, compared to its peers Indonesia has not been very progressive in establishing trade co-operations with its trading partners, emphasizing more on regional rather than bilateral co-operation. With the tendency of trade agreements to move from multilateral-and-regional to bilateral co-operations Indonesia needs to rethink whether its trade cooperation strategy is suited to the current environment. To respond to these challenges will require a rethink about the existing trade and industrial policies paradigm and formulating alternative approaches to trade governance. Understanding the state of knowledge in this area and the experience of the private sector will help achieve these objectives. It will involve understanding the effectiveness of existing approach and the implications of the changes in the global environment such as the growing influence of anti-globalization sentiments, political polarization, and the increasing role digital economy on the domestic economy and Indonesia competitiveness in the global trade.
The International Conference and Call for Paper which will be held for 2 (two) days with the theme “A New Paradigm in Trade Governance to Increase Domestic Efficiency and to Strengthen Global Competitiveness” attempts to capture the frontier of knowledge in trade governance and economic globalization. The conference is expected to invite submissions from the best researchers in these areas which will be used by policy makers as inputs in the development of Indonesia future trade and industrial governance.
The Trade Analysis and Development Agency of the Ministry of Trade is responsible for trade analysis and developing trade policies. The agency undertakes research in various area of domestic and international trade which are then used as evidence for formulating and developing policies at the Ministry of Trade.
The Buletin Ilmiah Litbang Perdagangan is a scientific journal associated with the Trade Analysis and Development Agency that publishes original research papers relating to all aspect of trade policies. The journal is the media used to disseminate the results of researches undertaken by research staff at the Ministry of Trade. The journal is published twice a year in July and December both in print and online.
The International Conference and Call for Paper will be held on Tuesday- Wednesday, 5-6 September 2017 in Doubletree by Hilton Jakarta Hotel - Jakarta. Call for Paper will begin in May 2017.
The International Conference will be opened by the Minister of Trade and a Keynote Speech by the Coordinating Minister of Economics and Prof. Hal Hill (The Australian National University). The theme and topic of the keynote speech will be on the need for a new paradigm in trade governance. This will be followed by a panel discussion by four invited speakers which will set the theme for the academic discussion. The presentation of submitted papers in four parallel sessions broken in three time slots. The first time slot will be in the first day with seven speakers in session. The second and third time slots will be in the second day with four speakers in each time slot.
Call for Paper
Author are invited to submit a 150-200 words text-only abstract, which contain author contact and related scope of conference as well. 60 selected abstract should submit full paper and presentation in the conference. All papers presented will be published in international proceeding with ISBN. Selected manuscript will be published in Buletin Ilmiah Litbang Perdagangan (National Accredited).
It is expected that 200 people will participate in this forum from various elements of government, academia, business and the general public.