Indonesia and Vietnam in Global Supply Chains and the Age of COVID: A Tale of Two Countries
摘要
Indonesia’s economic performance since 2000 has been respectable. It has not succeeded, however, at joining global value chainsValue chain (GVC). Vietnam, on the other hand, is a key link in GVCs for electronics, textiles, and other sectors. This chapter recounts the experiences of Indonesia and Vietnam at attracting foreign direct investment, exporting, and coping with the COVID-19 pandemic. It considers why Indonesia has been less successful than Vietnam at joining GVCs. It then concludes with several recommendations for how Indonesia could attract FDI and avoid scarring from the pandemic.