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All Journal Journal of World Trade Studies
Muslihah Faradila
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Economics, Econometrics & Finance Social Sciences

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Indonesia’s Infrastructure Gap: How Singapore and China Assisting Indonesia’s Economic Development in the Joko Widodo Era M. Habib Pashya; Silvanah; Muslihah Faradila
Journal of World Trade Studies Vol 8 No 2 (2023): Journal of World Trade Studies
Publisher : Journal of World Trade Studies

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/jwts.v8i2.11065

Abstract

This paper aims to analyse the contribution of Singapore and China, the two most prominent investors, to Indonesia’s economic development. Since the 1950s and 1960s, Indonesia has engaged with both nations and experienced dynamic relationships. Since President Jokowi was elected (2014-2024), the relations between Indonesia, Singapore, and China have increased, involving both countries in most projects in Indonesia. We use the qualitative method in this research, utilizing primary and secondary data to ensure our argument. In our findings, we have at least three key points. First, we underline that the historical relationship between Indonesia, Singapore, and China is the foundation of their ties in the modern era. Second, as a rising power, China has started and continued its engagement in Indonesia, together with their investment. At this point, the Belt and Road Initiative is pivotal. Lastly, we underscore that Singapore’s contribution to Indonesia is gigantic, for example, how Singapore offered investment in Kendal. We conclude that Singapore and China played significant roles in improving Indonesia’s economic development in every aspect.
Addressing the Timber Trade Crisis Amidst the Pandemic: ASEAN Strategy Within the ASEAN Comprehensive Recovery Framework (ACRF) From a Regime Transformation Perspective Sari, Octavia Novita; Hayatunufus; Heyna Jekaisa; Indra Wahyu Pratama; Muslihah Faradila
Journal of World Trade Studies Vol 8 No 2 (2023): Journal of World Trade Studies
Publisher : Journal of World Trade Studies

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/jwts.v8i2.11184

Abstract

This article aims to explore how the ASEAN Comprehensive Recovery Framework (ACRF) is employed by member countries as an exit strategy to address the COVID-19-induced crisis, particularly focusing on the timber trade. The creation of ACRF, specifically in tackling the timber sector crisis, becomes intriguing due to the distinct impact of the COVID-19 pandemic on timber trade between VPA and non-VPA countries. This study delves into elucidating how the ACRF functions as a solution to the timber trade crisis among ASEAN member states. Utilizing a qualitative explanatory research method, the analysis reveals that VPA countries leverage the ACRF as a collaborative framework to rejuvenate the timber industry, considering it an essential tool to enhance their dominance in the ASEAN timber sector. The ACRF, deployed to address the timber trade crisis amid the pandemic, represents a strategic shift in ASEAN's regime transformation. Specifically, ACRF Strategy 3, focusing on Maximizing Intra-ASEAN Market Potential and Wider Economic Integration, particularly point 3.d, eliminating Non-Tariff Barriers (NTBs) and reducing market-distorting policies is intricately linked to the ASEAN Trade in Goods Agreement (ATIGA).
Co-Authors Hayatunufus Heyna Jekaisa Indra Wahyu Pratama M. Habib Pashya Sari, Octavia Novita Silvanah