This paper is published in StudentsxCEOs Summit 2012, Bandung.
Global competitiveness; it is significantly related to government trade policies, especially to Ministry of Trade. According to Prof. Steve Husted and Prof. Michael Melvin from University of Pittsburgh and Arizona State University respectively, Trade and Growth are strongly associated each other. They together made theories on three large-scale development strategies for developing countries such as Indonesia to improve their economic circumstances. This essay is purposed to help Indonesia to implement these large-scale development strategies covering Primary-export-led, Import-Substitution, and Outward-Looking developments. (more…)