TEMPO.CO, Manado - Joubert Maramis, an economist with Sam Ratulangi University, said the country needed to develop export-based industries in taking on the global economic instability.
“To me, world-class infrastructure is necessary, but the direction in which the development of export-based industries are progressing and the development structure of knowledge-based economy are more important for Indonesia’s future economy,” he said in Manado, North Sulawesi on Friday.
He said by utilizing these approaches the country would be able to produce innovations in the global market and become a trend-setter rather than follower.
“We will set the price, not following the price. But this should be supported by pro-investor and pro-environment policies that are also pro-the poor and pro-growth,” he said.
He added that the government, which was presently boosting infrastructure projects to jack up exports, would also need to formulate systematic, long-term planning that was based on futuristic economic structure to improve the nation’s economy.
“So the growth and development of our exports really depend on the strength and sustainability of our industries,” he said.