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Strengthening the Relations with Indonesia – One of the EU’s Long Term Priorities?

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  • Iulia Monica Oehler-Sincai

Abstract

The current level of trade and investment flows between the EU and Indonesia, ASEAN’s largest economy, does not represent a real proof of the bilateral relations strategic nature. The objective of our paper resides in the substantiation of the relevance of this relationship for each of the two partners in the long run. The strengths of our argumentation consists in emphasizing Indonesia’s gradual but obvious rise on the global stage, its complementarities with the EU economy and also the common efforts undertaken in order to stop the greenhouse gas emissions, taking into consideration the particular threats for an archipelago-country. Last but not least, the increasing separatist movements in Europe and other regions in the world bring the EU and Indonesia closer than ever. Our paper is structured in four sections, and the last one concludes.

Suggested Citation

  • Iulia Monica Oehler-Sincai, 2014. "Strengthening the Relations with Indonesia – One of the EU’s Long Term Priorities?," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 6(1), March.
    • Handle: RePEc:iem:journl:v:6:y:2014:i:1:id:2822000009240039
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    File URL: http://www.iem.ro/rem/index.php/REM/article/view/143/152
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    More about this item

    Keywords

    EU; Indonesia; ASEAN; strategic partnership; trade; FDI;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F18 - International Economics - - Trade - - - Trade and Environment
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems

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