2018 Hadi Soesastro Policy Forum

Vice Minister of Finance Dr Mardiasmo launching the 2018 Indonesia Update book

Vice Minister of Finance Dr Mardiasmo launching the 2018 Indonesia Update book (source)

The 2018 Hadi Soesastro Policy Forum (HSPF) was held on 9 July 2018 in Jakarta. This is the 6th HSPF in the series, and the eventcomprised of two parts: the Hadi Soesastro Lecture and the Indonesia Update book launch. The HSPF was preceded by a luncheon. More than 185 people attended the event, including government officials, representatives of diplomatic missions, international organisations, the business sector and of course, academics.

The Lecture for this year was given by Professor Prema-chandra Athukorala (ANU) entitled  Joining global production network: has Indonesia missed the boat? In his talk, Professor Athukorala outlined how Indonesian manufacturing fits into global production networks and what explains Indonesia’s lackluster performance compared to the other major East Asian countries. Indonesia has lagged furthest in terms of its participation in producer-driven global production networks, and Professor Athukorala outlined some prospect and policy options for Indonesia to regain lost grounds. Finally,  implications of the so-called ‘fourth industrial revolution’ (IR4) was discussed.

The discussant was Haryo Aswicahyono (CSIS), who suggested that using measures of domestic and foreign value added content of exports is preferable to measures of export values as used by Professor Athukorala, since the later is usually overstated. He concluded by commenting that instead of missing the ‘boat’, Indonesia may just have missed the momentum.

HSPF 2018

The second part of the HSPF 2018 was the launch of Indonesia in the New World: Globalization, Nationalism & Sovereignty edited by Arianto Patunru (ANU Indonesia Project), Professor Mari Pangestu (Universitas Indonesia and CSIS) and M. Chatib Basri (Universitas Indonesia and CReco). The book discusses recent emergence of nationalism in Indonesia amidst international dynamics. It was launched by the Indonesia Vice Minister of Finance, Dr Mardiasmo. Professor Mari Pangestu provided a brief overview of its content. A panel  of authors then gave brief presentations of their chapters, chaired by Arianto Patunru. The authors were Professor Arief Anshory Yusuf (Universitas Padjadjaran), Anis Hidayah (MigrantCARE), Yose Rizal Damuri (CSIS) and Shafiah Muhibat (CSIS). Ninuk Mardiana Pambudy (Kompas.id) was a discussant of the book.

Media coverage of the event

Bisnis.com 10 July 2018: “Buku ‘Indonesia and the new world’ dirilis”

Kompas 10 July 2018: “Indonesia jangan kehilangan momentum”

Kompas 11 July 2018: “Globalisasi: pisau bermata dua untuk ekonomi Indonesia”

Kompas 10 July 2018: “Pemerintah bahas strategi hadapi ketidakpastian”

Merdeka 10 July 2018: “Pemerintah diingatkan hati-hati respons arus globalisasi

Antara 10 July 2018: “Peluncuran buku ‘Indonesia and the New World”

Tribun News 11 July 2018: “Mantan menteri era SBY sebut globalisasi seperti pisau bermata dua untuk ekonomi”

ABC News 16 July 2018: “Indonesia masih tertinggal dalam jaring produksi global”

The Jakarta Post 10 July 2018: “RI still behind neighbors in global production sharing”

Ministry of Finance 10 July 2018: “Globalisasi, antara ancaman dan kesempatan”

Kompas 8 September 2018: “Indonesia di tengah perubahan global”

The presentation slides can be downloaded from this link; videos can be viewed from this link.

Part of this entry first published on the FKP Website