Optimum: Jurnal Ekonomi dan Pembangunan
Vol. 15 No. 1 (2025)

Indonesia and the complex global economic order: Implication of global and regional economic arrangements on Indonesia’s trade

Prinanda, Devita (Unknown)
Prasodjo, Haryo (Unknown)
Kusumawardany, Rennatha Pradhesty (Unknown)



Article Info

Publish Date
16 Jun 2025

Abstract

The complexity of the world economic order means that countries have to follow many regional and global rules. International agreements involve many joint commitments built primarily in the economic field. Indonesia is a developing country that is involved in many international economic frameworks. At the global level, Indonesia is subject to the rules of the Bretton Woods system. Meanwhile, in the regional framework, Indonesia plays a full role in ASEAN's economic system. It does not contain Indonesia's involvement in other international economic orders such as APEC, G20, and so on. This research maps the global economic order in which Indonesia is involved and looks at the implications for Indonesia's international trade. The author uses world economic order approach to examine this topic. The result show that Indonesia has been involved in several economic order regionally and globally. The implication of the study government of Indonesia need to maintains its positive balance of trade although struggles with regional and global competitions.

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Journal Info

Abbrev

optimum

Publisher

Subject

Economics, Econometrics & Finance

Description

The Optimum: Jurnal Ekonomi dan Pembangunan aims to publicize the results of research concerning economics and development at national, and international levels with particular emphasis on the application of quantitative and qualitative ...