Towards a Liberalized Trade Regime: Indonesia Trade Policies Review

An assessment of the evolution of Indonesia's trade policies, commencing with an analysis of trade policies prior the crisis. The paper highlights trade policy shifts and their impacts on the real sectors, and analyses the significant economic reforms undertaken as part of the IMF standby agreement in 1997, focusing on trade reforms agreed in the letters of intent and implementation to date. Specifically, it examines post- crisis trade-related regulations and assesses their impacts on trade. It also analyses recent developments in regional cooperation and global free trade, including regional free trade arrangements and the status of Indonesia's commitments under the WTO, AFTA and APEC.