Indonesia

International competitiveness 2016

Assignment about National Competitiveness

Based on World Economic Forum Report and Doing Business Report

THE INDONESIA CASE

MAIN SOURCES:

* World Economic Forum, Global Competitiveness Report 2015-2016

* World Bank, Doing Business Report 2015-2016

* “The Economist”

* “The Age”

* “CNBC, World Economy”

* “Indonesia-Investments”

LORENZO TRABACCHI

4502720

INDONESIA: A CASE OF COMPETITIVENESS

The World Economic Forum approach: Indonesia case

Overview

According to the WEF Global Competitiveness Report 2015-2016, Indonesia has an overall position of 37 out of 140 countries, with a score of 4.52 from 1 to 7 and a positive trend line which shows the evolution in percentile rank since 2007. Even the rank among 2014-2015 economies was 37, while the GCI 2014-2015 rank was 34 out of 144 economies.

The graph here, shows that, the GDP per capita in Indonesia, since 1990 to 2014, had always grown in parallel with but more than the average of other countries in the same regional area (Emerging and Developing Asia). Since 2012-2013, Indonesia has always grown in terms of GCI, moving from the 50th to the 37th position with a score shifted from 4.4 to 4.5.

Overall position of the country in the regional area

Behind Singapore (2nd), the five largest members of the Association of Southeast Asian Nations (ASEAN)—namely Malaysia (18th, up two), Thailand (32nd, down one), Indonesia (37th, down four), the Philippines (47, up five), and Vietnam (56th, up 12)—all rank in the top half of the overall GCI rankings. With the exception of Thailand, all five have improved their showing since 2007.

Overall position of the country with respect to similar countries in terms of stage of development

In terms of “stage of development”, Indonesia is one of the 31 efficiency –driven economies (GDP per capita: 3,534 US$) with: a score of 4.84 and a rank of 49 in basic requirements, a score of 4.34...