01 April 2013
Indonesia’s APEC Chairmanship of 2013: Key Priorities and Future Agenda
Abstract
Indonesia will host the 2013 Asia – Pacific Economic Cooperation (APEC) Meeting in 2013 with the theme “Resilient Asia-Pacific, Engine of Global Growth”. This paper attempts to provide an overview of Indonesia’s key priorities during her chairmanship in 2013, highlighting the issues that should be addressed. This paper also seeks to tease out five pertinent strategic issues that form the basis for the discussions. They are: 1) to provide several strong regional resilience measures to address the possibility of any future economic crisis; 2) to forge cooperation and curtail protectionist policies in order to sustain a climate of open trade; 3) to ensure improvements within the domestic economy through increased capacity building projects; 4) to improve the investment climate while redirecting excess savings prudently, and 5) to reduce burgeoning economic polarization within Asia. The paper concludes that Indonesia as APEC Chair will aim to tread cautiously between the need for pragmatism and the promotion of an idealistic regional vision.
Abstract
Indonesia will host the 2013 Asia – Pacific Economic Cooperation (APEC) Meeting in 2013 with the theme “Resilient Asia-Pacific, Engine of Global Growth”. This paper attempts to provide an overview of Indonesia’s key priorities during her chairmanship in 2013, highlighting the issues that should be addressed. This paper also seeks to tease out five pertinent strategic issues that form the basis for the discussions. They are: 1) to provide several strong regional resilience measures to address the possibility of any future economic crisis; 2) to forge cooperation and curtail protectionist policies in order to sustain a climate of open trade; 3) to ensure improvements within the domestic economy through increased capacity building projects; 4) to improve the investment climate while redirecting excess savings prudently, and 5) to reduce burgeoning economic polarization within Asia. The paper concludes that Indonesia as APEC Chair will aim to tread cautiously between the need for pragmatism and the promotion of an idealistic regional vision.
