Document Type

Article

Publication Date

10-15-1993

Keywords

Indonesian economy, trade reform, trade liberalization

Abstract

Beginning in the early 1980s, Indonesia embarked on the most comprehensive trade liberalization program in its history. The long-term goal of the reform program is to replace Indonesia's industrial development strategy of import substitution industrialization with one of export oriented industrial growth. The issues to be discussed in this paper are: 1) the historical context from which the current liberalization program evolved, 2) the recent reform measures implemented by the Indonesian government, 3) the pattern of liberalization with respect to the sequencing and speed of reforms, and 4) the successes and failures of the new trade regime.

Publisher

Department of Economics, South Dakota State University

Series Number

93-10

Number of Pages

16

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