Category Archives: WEF

World Islamic Economic Forum (WIEF): Building Bridges through Business

“The 21st Century will be driven by openness, technology, connectivity, dialogue, and integration. It will be the age of possibility and opportunity. That is why the WIEF is relevant because it helps the Ummah adapt to that wondrous world. The Ummah can shape and have full ownership of the 21st Century”
– HE Dr. Susilo Bambang Yudhoyono, President of Indonesia, Honourary Member,  WIEF Foundation

The inaugural World Islamic Economic Forum (WIEF) was held in Kuala Lumpur from 1st – 3rd October 2005 with the theme ‘Forging New Alliances for Development and Progress’.  An important early decision by WIEF was that the Annual Forum would include not only Organization of the Islamic Conference (OIC) member countries and Muslim communities outside of OIC but also non-Muslim business communities across the globe.

From its inception the aim of WIEF, often now referred to as the ‘Davos of the Islamic World’, has been to build bridges between businesses – and between business and government – both within the Ummah and, increasingly, with non Muslims. WIEF believes that these ‘bridges’ will encourage investment and skills transfer which will in turn increase economic opportunities and reduce income disparities among the World’s ~1.8Bn Muslims – who collectively earn 80% less than world average income.

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Filed under Conference, Culture, Education, Income inequality, Investment, Islam, Poverty, WEF

Standards for Agricultural Products: Pros and Cons in the WTO

Plantations and agriculture in Indonesia

Standards for agricultural products have been a prominent issue since early 1990s in the World Trade Organization (WTO) committee’s meetings. It is often perceived that the issue was mainly a concern of several big producers and various other stakeholders in developed countries.

A significant change in consumer preference and continuing global health issues are said to be some of the driving factors to implement these standards. Yet, the implementation of standards seems to be arguably debatable in the context of the WTO agreement since the design of these standards is argued to be non-transparent, region-based, and unfairly inclusive, especially towards small economies.

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Filed under Economic Integration, Food and agriculture, Indonesia, Trade, WEF

Moving beyond the blame game

Puzzle

The President of Indonesia-Australia Student Association (PPIA) University of Adelaide branch Andri Kusdianto once said "Solving the country's problem is like solving a puzzle, we need to put the right piece at the right place"

If you are involved in a discussion on current issues in Indonesia, it is likely that at one point during the discussion you put blame on the Indonesian government. Let’s move beyond the blame game and find out what exactly the Indonesian government lacks of.

Many issues have specific causes. But, there are some generic factors that can normally explain why problems occur in the first instance. You may say, the needs of new faces in the government would be one of them, but let’s put this issue aside for a moment.

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Filed under Economic Integration, Food and agriculture, Indonesia, PPIA academic discussion, Project, Trade, WEF

World Economic Forum on East Asia: Our thoughts

Impressions - World Economic Forum on East Asia 2011

President Soesilo Bambang Yudhoyono officially opened the World Economic Forum (WEF) on East Asia in Jakarta on Sunday 12 June 2011 which was closed on the following day. More than 500 leaders from government, business, media, civil society and academia were engaged in various sessions to address some of the most pressing issues the world is now dealing with. The choice of Indonesia as the host country should be perceived as a good indication of the significance of Indonesia’s role in the world forum. Indonesia’s positions as a member of G20 and the chair of ASEAN demonstrate its regional influence. What can Indonesia learn from WEF on East Asia?

The GoLive Indonesia Project collaborating with Persatuan Pelajar Indonesia Australia (PPIA or Australia-Indonesia Student Association) at the University of Adelaide organised their second academic workshop. The workshop was held just one day after the World Economic Forum (WEF) on East Asia came to a close. The time of the event which was during the exam period did not stop the enthusiasm of participants to get engaged in the dialogue.

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Filed under Economic Integration, Indonesia, PPIA academic discussion, WEF

World Economic Forum on East Asia: Globals Views of Addressing Local Infrastructure Bottlenecks

PNPM Mandiri – Rural (infrastructure) On the first day of the 20th World Economic Forum on East Asia, a plenary session chaired by Desi Anwar, an Indonesian senior journalist discussed infrastructure bottlenecks in developing countries (click here to read the summary of the session published by the WEF). The big question the session attempted to address was how to make infrastructure become a contributing factor to economic growth instead of growth barriers.

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Filed under Conference, East Asia, Economic Integration, Indonesia, Infrastructure, WEF

World Economic Forum on East Asia: Responding to global challenges = Understanding differing priorities?

Mari Elka Pangestu - World Economic Forum on East Asia 2011

The President of Republic of Indonesia officially opened the World Economic Forum (WEF) on East Asia this morning. On the first day of the 20th World Economic Forum on East Asia, a plenary session chaired by Professor Klaus Schwab, the Forum’s Founder and Executive Chairman, discussed how Asia is responding to global risks. Indonesia was represented by the Trade Minister Dr Mari Elka Pangestu (pictured). The summary of the session published by WEF can be found here. Readers can watch the full video at here.

The GoLive Indonesia Project members have been following the Forum and tweeted some of the key lessons from the session. The plenary session has provided such a great insight into the mind of global thinkers ! Whilst many of the issues mentioned by the speakers were not entirely new such as food security, unemployment, deforestation, natural disaster management, it was interesting to learn that the biggest concern of each speaker was different between one and another.

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Filed under Conference, East Asia, Economic Integration, Indonesia, WEF