Conformity of Indonesia's LCRs with its trade and investment commitments
Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 12 - Chapter in an edited book (Author) › peer-review
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Detail(s)
| Original language | English |
|---|---|
| Title of host publication | Local Content Requirements |
| Subtitle of host publication | Promises and Pitfalls |
| Editors | Lili Yan Ing, Gene M. Grossman |
| Place of Publication | London |
| Publisher | Routlegde |
| Chapter | 6 |
| Pages | 145-173 |
| ISBN (electronic) | 9781003415794 |
| ISBN (print) | 9781032542232, 9781032542218 |
| Publication status | Published - 2024 |
Publication series
| Name | Routledge-ERIA Studies in Development Economics |
|---|
Link(s)
| DOI | DOI |
|---|---|
| Attachment(s) | Documents
Publisher's Copyright Statement
|
| Link to Scopus | https://www.scopus.com/record/display.uri?eid=2-s2.0-85177515997&origin=recordpage |
| Permanent Link | https://scholars.cityu.edu.hk/en/publications/publication(ab9d77f2-a87e-4e78-a3df-410b80da62c5).html |
Abstract
Local content requirements (LCRs) are one of the policy measures used by many countries around the globe, including Indonesia, to protect and support their strategic sectors and to create local jobs. However, the use of LCRs is often found to be inconsistent with a country’s international trade and investment commitments - disguised as unjustifiable discrimination of trade or investment. Our chapter explores whether Indonesian regulations in certain sectors breach its international commitments in the World Trade Organization Agreements, its Free Trade Agreements, and its International Investment Agreements. Based on our assessment, it is important to ensure consistency of domestic laws and regulations with Indonesia’s international commitments. We suggest that the government of Indonesia should carefully consider the potential economic impacts of LCRs and explore alternative policy schemes in pursuing improvement in its domestic value added.
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Citation Format(s)
Conformity of Indonesia's LCRs with its trade and investment commitments. / Limenta, Michelle; Ing, Lili Yan; Losari, Junianto James et al.
Local Content Requirements: Promises and Pitfalls. ed. / Lili Yan Ing; Gene M. Grossman. London: Routlegde, 2024. p. 145-173 (Routledge-ERIA Studies in Development Economics).
Local Content Requirements: Promises and Pitfalls. ed. / Lili Yan Ing; Gene M. Grossman. London: Routlegde, 2024. p. 145-173 (Routledge-ERIA Studies in Development Economics).
Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 12 - Chapter in an edited book (Author) › peer-review
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