Claim Missing Document
Check
Articles

Found 2 Documents
Search

Deep dive into the foreign direct investment dynamics of RCEP member countries in Indonesia Wicaksono, Katon; Yuanfen, Tu
Interdisciplinary Social Studies Vol. 3 No. 1 (2023): October-December 2023 (Regular Issue)
Publisher : International Journal Labs

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55324/iss.v3i1.568

Abstract

This study focuses on the complex dynamics of foreign direct investment (FDI) in the Regional Comprehensive Economic Partnership (RCEP) and its relationship with Indonesia. Looking back over 30 years reveals the dual role of RCEP member countries as FDI sources and beneficiaries. The study identifies various factors that compel RCEP countries to invest abroad, including profitability institutional and strategic incentives. This study examines Indonesia's attractiveness as a foreign direct investment destination, considering the country's significant needs, natural resources, strategic location, and improved ease of doing business and analyzing the transformative impact of the RCEP agreement's implementation on reducing trade barriers. The study foresees positive trends in FDI dynamics in Indonesia, which it attributes to the continued profitable growth and indigenous integration of RCEP countries. The focus is on the policy framework within the RCEP and the critical role of bilateral agreements, highlighting the importance of structural development in Indonesia. Challenges remain, especially in remote areas, and bureaucracy and policy capacity improvements are needed. This study provides comprehensive insights into the interconnected dynamics of foreign direct investment between RCEP member countries and Indonesia. This highlights the need to improve the investment environment, develop infrastructure and ensure policy coherence for Indonesia to realize its full potential for foreign direct investment under RCEP. These results have important implications for science, policymakers, and international economic actors.
Analyses on Economic and Trade Factors of Indonesia’s Export Value Wicaksono, Katon; Yuanfen, Tu; Darwishzada, Murtaza; Htay, Kyaw
Journal of Economics, Bussiness and Management Issues Vol. 3 No. 1 (2025): Desember
Publisher : Indonesian Journal Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47134/jebmi.v3i1.946

Abstract

Examines the crucial significance of the Regional Comprehensive Economic Partnership (RCEP) and trade facilitation measures in improving Indonesia's export performance.This study aims to evaluate the impact of customs efficiency, infrastructure development, and strategic investment on export value in Indonesia from 2002 to 2021. The study utilizes panel regression analysis to examine the degree to which advancements in these areas have facilitated the Indonesia's export sector. Research indicates that augmenting customs efficiency, upgrading infrastructure quality, and boosting investment in trade-related sectors are essential for reducing trade costs and expanding supply chain integration. Indonesia's export competitiveness by diminishing the time and expenses related to overseas trade. The  fundamental importance of Indonesia's involvement in the RCEP, which offers distinctive potential for the nation to enhance its trade facilitation initiatives, invigorate economic growth, and achieve improved integration into regional and global value chains. Being the one of largest free trade agreement globally, enables Indonesia to gain from improved market access, superior trading conditions, and a more advantageous regulatory framework. Comprehensive trade facilitation policies aimed at enhancing customs procedures, infrastructure, and investment in critical industries to promote export development. By focusing on these aspects, Indonesia can improve its trade competitiveness and attain continuous economic growth.