Prospects for Stronger Australia-Indonesia Economic Ties

Dias Karunaratne N. (1982) Prospects for Stronger Australia-Indonesia Economic Ties. Asian Survey, 22 3: 292-303. doi:10.2307/2644031

Author Dias Karunaratne N.
Title Prospects for Stronger Australia-Indonesia Economic Ties
Journal name Asian Survey   Check publisher's open access policy
ISSN 1533-838X
Publication date 1982-01-01
Sub-type Article (original research)
DOI 10.2307/2644031
Open Access Status Not yet assessed
Volume 22
Issue 3
Start page 292
End page 303
Total pages 12
Language eng
Subject 3305 Geography, Planning and Development
3312 Sociology and Political Science
Abstract The discordant nature of the political and international relations between Australia and its nearest Asian neighbor in the past can be attributed to the lack of strong economic ties between the two countries. The prospects for strengthening the economic ties between the two countries can be easily identified in the spheres of trade, aid, investment, development cooperation, and industrialization. Unless Australian and Indonesian politicians, bureaucrats, and other decision makers harness these prospects by positive action programs, the stalemate in the relationship between the two countries will persist. Indonesia is a leading partner in ASEAN. A rapprochement with Indonesia is imperative if Australia’s desire to encourage the growth of ASEAN economic cooperation is to transcend the realm of mere rhetoric. Indonesia’s economic development will also continue to be an elusive dream unless its leaders cooperate with the more advanced economies such as Australia and welcome foreign investments and development assistance to eradicate the massive problems of poverty. The approach of countries like Australia will determine whether Indonesia will overcome its vicious circle of poverty and take off to self-sustained growth by benefiting from external stimuli such as trade, aid, and investment. Or alternatively the Indonesian economy could become enmeshed in a syndrome of dependency, underdevelopment, and continuing poverty. Poverty is an ideal breeding ground for radical isms such as communism, which have been the anathema of Australia’s strategic defense planning. Therefore, the best safeguard against such a prospect is the establishment of an economically viable and vibrant Indonesian economy by strengthening the economic ties identified above.
Q-Index Code C1
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article (original research)
Collection: Scopus Import - Archived
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Created: Tue, 13 Sep 2016, 11:53:35 EST by System User