Services Trade in Indonesia Exploring Patterns, Policies, and Reform Scenarios

Book excerpt: Services and services trade play an increasingly important role in Indonesia’s economy as they represent new sources of growth, job creation, and overall wellbeing. This study explores patterns, policies, and reform scenarios of Indonesian services trade building on the OECD’s expertise, data, and analysis. This analysis covers the role of services trade in the Indonesian economy at both the aggregate and granular sectoral levels; the regulatory environment for services trade, including domestic regulatory and policy developments, as well as the relevant services trade disciplines in Indonesia’s regional trade agreements; and potential reform packages that target services trade, with an assessment of their potential impact on the Indonesian economy. The stylized facts and findings in this study aim to inform the discussion on a co-ordinated policy action amongst Indonesian policy makers and stakeholders so as to maximise the contribution of services trade to the country’s economic development.