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The book provides theoretical and empirical evidence on how world trade evolves, how trade affects resource allocation, how trade competition affects productivity, how China shock affects world trade and how trade affects large and small countries. It is a useful reference which focuses on new approaches to international trade by looking into country-specific as well as firm-product level-specific cases.

International trade. --- International economic relations. --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- External trade --- Foreign commerce --- Foreign trade --- Global commerce --- Global trade --- Trade, International --- World trade --- Commerce --- International economic relations --- Non-traded goods

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Economic growth --- Economic conditions. Economic development --- Foreign trade. International trade

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The book provides theoretical and empirical evidence on how world trade evolves, how trade affects resource allocation, how trade competition affects productivity, how China shock affects world trade and how trade affects large and small countries. It is a useful reference which focuses on new approaches to international trade by looking into country-specific as well as firm-product level-specific cases. "The Open Access version of this book, available at http://www.taylorfrancis.com/books/10.4324/9781351061544, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.".

International economic relations.

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Well-functioning markets, adequate infrastructure and simple and clearly defined regulations are some of the characteristics of a growth-enhancing business climate. In Indonesia, some of these elements are missing, which challenges firms' operations. This note discusses the main constraints that Indonesia's manufacturing firms face, shows that these differ depending on the nature of the firm and examines the effect of these constraints on firms' productivity and decisions to invest. It concludes that the poor business climate has substantial costs in terms of firms' productivity and growth. Some broad policy recommendations emerge, and are related to improving credit information, providing microfinance for productive start-ups, improving infrastructure particularly electricity and logistics, incentivizing training, increasing collective action on sharing knowledge, improving tax administration including shortening the time for Value Added Tax (VAT) refunds and duty drawbacks, as well as strengthening law enforcement on business contracts. Addressing these constraints is not merely a task for the Government of Indonesia, but also one for the private sector. It is the Government's responsibility to set clear business regulations, as well as improve the business environment, but it is the private sector's responsibility to take action on sharing knowledge and developing its clusters.

Accounting --- Business Environment --- Capital Markets --- Cash Transfers --- Collateral --- Collective Action --- Competitiveness and Competition Policy --- Corporate Law --- Debt --- Electricity --- Enterprise Development & Reform --- Expenditures --- Exporters --- Financial Crisis --- Financial Institutions --- General Manufacturing --- Globalization --- Human Capital --- Human Resources --- Income Tax --- Industrial Economics --- Industry --- Insurance --- Interest Rates --- Investment Climate --- Law and Development --- Law Enforcement --- Legal System --- Outsourcing --- Private Sector --- Private Sector Development --- Private Sector Development Law --- Productivity --- Public Spending --- Tax Exemptions --- Valuations