Readiness of Indonesia in ASEAN Economic Community (AEC)

Gibran Irfani Abdullah

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AEC will come into force in late 2015, but many challenges need to be addressed. Indonesia likely to be a major player.

There are some challenges in the realization of the AEC is the process of knowledge transfer, immigration, individual capabilities, social capital, networks, and culture as well as innovation, creativity, and entrepreneurship.

"One of the innovation efforts and the creation of knowledge that can support the success of the AEC is a triple helix pattern, where academia, industry, and government work together to create innovations in various fields, "said Dessy, which also represents a national bank Indonesian business in London.

According to Andrei, Indonesia currently ranks 34th in the Global Competitiveness Index 2014. This position should be a motivating factor for Indonesia to further optimize its role in the ASEAN

Andrei added that despite the large market share of Indonesia's trade, but Indonesia still requires ASEAN. This is because almost 25% of the total trade between Indonesia derived from the ASEAN.

Unfortunately, said Andrei, Indonesian society understanding of ASEAN, especially AEC still lacking so much untapped potential of Indonesia optimally to compete within ASEAN.

"However, Indonesia has many opportunities to be a major player in the ASEAN in areas such as Small and Medium Enterprises and tourism," clearly Minister Counsellor for Economic Affairs Embassy in The Hague.