OBOR: A New Hope for Future Indonesian or a New Trap? Case Study in Indonesia
Foreign Business in China and Opportunities for Technological Innovation and Sustainable Economics, 2019, DOI: 10.4018/978-1-5225-8980-8.ch007
Posted: 19 Jun 2019
Date Written: May 11, 2019
Abstract
One Belt One Road (OBOR) first declared by the China’s President is believed by some to be a new hope and a new horizon for a number of developing countries. OBOR has been viewed as a new challenging proposal and as an ice breaking for the decades-long stagnant infrastructure in Indonesia, the largest economic region in Association Southeast Asian Nations (ASEAN). This chapter is an update on OBOR’s recent development in Indonesian which also coincidentally was declared as a new maritime-axis when new reform government has taken into power since 2014. Many views have been released, pro-contra has been severely dispatched into two separate blocks of Indonesian experts in two standpoints, one to support and the other to challenge involving Indonesia in the OBOR. This chapter has been thoroughly analyzed by mining information and data from big data sources, combined with semi-structured interviews of various executives and contractors.
Keywords: China, Indonesia, OBOR
JEL Classification: O18
Suggested Citation: Suggested Citation