Yose Rizal Damuri

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Articles

Collective action to avoid a trade war

3 weeks ago | opinion.inquirer.net | Shiro Armstrong |Yose Rizal Damuri

Jakarta—The 28-percent average tariff rate in the United States today, even with the 90-day pause, is significantly higher than the average rate of 19.8 percent imposed during the Smoot-Hawley Tariff Act of 1930. The highest Smoot-Hawley tariff rate was 59.1 percent, well below the 145 percent that the Trump administration has slapped on all Chinese imports. Today’s tariffs return the US to its 1821 to 1900 average 29.7-percent tariff rate.
Collective action to avoid a world trade war

1 month ago | thejakartapost.com | Shiro Armstrong |Yose Rizal Damuri

The 28 percent average tariff rate in the United States today, even with the 90 day pause, is significantly higher than the average rate of 19.8 percent imposed during the Smoot-Hawley Tariff Act of 1930. The highest Smoot-Hawley tariff rate was 59.1 percent, well below the 145 percent the Trump Administration has slapped on all Chinese imports. Today’s tariffs return the US to its 1821 to 1900 average 29.7 percent tariff rate.
G20 Brazil: Lessons for an effective cooperation platform

Nov 21, 2024 | thejakartapost.com | Yose Rizal Damuri

The Group of 20 (G20) Summit under Brazil’s presidency recently concluded and was considered successful in securing commitments from members despite difficult circumstances. While the G20 has been instrumental in responding to global crises, the forum has struggled to maintain the same level of effectiveness in addressing recent crises such as the COVID-19 pandemic, or delays in handling global health security and climate finance issues.
Reclaiming RCEP to elevate ASEAN centrality in trade

Oct 6, 2024 | asianews.network | Yose Rizal Damuri

October 7, 2024 JAKARTA – Next week, the leaders of Southeast Asian nations will gather at the 2024 ASEAN Summit in Vientiane, which also will be attended by leaders of ASEAN dialogue partners. This summit is a chance for ASEAN to highlight its role in the region. ASEAN has always aimed to play a key role in boosting economic cooperation, maintaining regional stability and advancing the interests of its members.
Reclaiming RCEP to elevate ASEAN centrality in trade

Oct 4, 2024 | thejakartapost.com | Yose Rizal Damuri

ext week, the leaders of Southeast Asian nations will gather at the 2024 ASEAN Summit in Vientiane, which also will be attended by leaders of ASEAN dialogue partners. This summit is a chance for ASEAN to highlight its role in the region. ASEAN has always aimed to play a key role in boosting economic cooperation, maintaining regional stability and advancing the interests of its members.
The Importance of Paradigm Change in Indonesia's International Trade

Sep 12, 2024 | kompas.id | Yose Rizal Damuri |Harian Kompas

› English›The Importance of Paradigm... To face current global conditions, Indonesia needs to change its paradigm towards foreign trade. This article has been translated using AI. See Original . About AI Translated Article Please note that this article was automatically translated using Microsoft Azure AI, Open AI, and Google Translation AI. We cannot ensure that the entire content is translated accurately.
Pentingnya Perubahan Paradigma Perdagangan Internasional Indonesia

Sep 12, 2024 | kompas.id | Yose Rizal Damuri

Kinerja perdagangan ini berbeda dengan kondisi perdagangan Indonesia, yang selama tahun ini ekspor turun sekitar 2 persen dan neraca perdagangan Juli menunjukkan penurunan sebesar 24 persen. Yang menarik, kenaikan ekspor Vietnam selama tahun ini juga dibarengi oleh kenaikan impor negara tersebut sebesar 17 persen dibandingkan 2023.
Transforming the WTO for Inclusive and Resilient Globalisation

Jul 3, 2023 | or-f.org | Yose Rizal Damuri |Sanchita Basu Das

TF-1: Macroeconomics, Trade, and Livelihoods: Policy Coherence and International Coordination1. The ChallengeDespite growing fragmentation amid unfavorable geopolitics and economic developments, the WTO has continued to remain an important global economic forum that shapes crucial policy ideas. Since its inception in 1947,[a] the WTO has helped expand global trade and supported investment, employment, and growth.
Transforming the WTO for Inclusive and Resilient Globalisation

Jul 3, 2023 | orfonline.org | Yose Rizal Damuri |Sanchita Basu Das

TF-1: Macroeconomics, Trade, and Livelihoods: Policy Coherence and International Coordination1. The ChallengeDespite growing fragmentation amid unfavorable geopolitics and economic developments, the WTO has continued to remain an important global economic forum that shapes crucial policy ideas. Since its inception in 1947,[a] the WTO has helped expand global trade and supported investment, employment, and growth.
Downstream Industry and Development

Jun 15, 2023 | kompas.id | Yose Rizal Damuri |Harian Kompas

› English›Downstream Industry and... The desire to increase added value and create jobs is understandable. However, export bans tend to cause high distortions in the economy and foster rent-seeking practices. The following article was translated using both Microsoft Azure Open AI and Google Translation AI. Illustration Several years after the restrictions on the export of raw products were imposed, downstream industrial production begins to show promising performance.