Boosting Global Competitiveness in Indonesia: is Industri 4.0 the answer?

April 18, 2019·
Krisna Gupta
Krisna Gupta
,
Intan Vierke
,
Arif Ibrahim
,
Joni Suwandi
,
Arifin Selowidodo
· 0 min read
Book
Abstract
The Fourth Industrial Revolution, or Industry 4.0, is coming. It allows us to further utilize information technology, such as networking and cloud computing, to manufacturing principle. Indonesia responds the wave with the launching of Making Indonesia 4.0. It discloses how Indonesia can utilize Industry 4.0 to boost manufacturing and expand market to a growth-led export level. It claims to help increase GDP growth by 2% from the baseline and improve manufacturing productivity. The plan seems bold especially since Indonesia’s technological readiness is lagged behind and its economy is relatively not open. We argue that the plan is not concise enough in explaining how Indonesia can adopt Industry 4.0 to Indonesian manufacturing. Making Indonesia 4.0 needs to have better indicators and specific action for businesses to make sense of the plan
Type
Publication
Routledge
publication Miscellaneous
Krisna Gupta
Authors
Lecturer

My name is Krisna, some call me Imed. I am an advisor at the Indonesian National Economic Council. My research is about trade and investment policy and how it affects Indonesian firms. I use some structured equation such as GTAP model, but also do some empirics like gravity models.

I lecture at Universitas Indonesia. Additionally, I assume a senior fellow position at Center for Indonesian Policy Studies.

I contributed to several projects with Bank Indonesia, Bappenas, ADB, Prospera, and ERIA, among others. Occasional oped writer, typically at Kompas, Jakarta Post and East Asia Forum. Please see CV or contact me for more information.