Abstract

Indonesia has become increasingly outward-oriented in its growth strategy since the early 1980s. This chapter examines the role of private domestic and multinational enterprises in the growth of non-oil manufacturing value-added and exports in Indonesia based on compilations of establishment-level survey data. Foreign multinationals and private domestic firms alike have responded to trade liberalization in a manner consistent with Indonesia’s comparative advantage. The composition of exports is gradually shining towards more sophisticated electrical and non-electrical machinery and it appears that multinationals are playing a significant, if not dominant, role in this process.

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