GREAT Institute: Indonesia Needs Tough Negotiators in Dealing with MSCI
Published
Researchers from the GREAT Institute recently provided their perspective on Indonesia's position in its relationship with Morgan Stanley Capital International (MSCI). According to them, Indonesia must be bolder and more strategic in conducting negotiations related to global economic policies.
So far, Indonesia is considered to have tended to be too passive or merely followed the rules set by the international institution. The researchers emphasized that a "good boy" attitude, or always being compliant without bargaining, is no longer sufficient to protect national interests in the global capital market.
In an economic context, MSCI has a significant influence on the flow of foreign investment entering Indonesia. Therefore, the ability to negotiate with a strong bargaining position is considered crucial so that the policies adopted remain beneficial for domestic economic growth.
GREAT Institute suggests that the government and relevant parties prepare more skilled and experienced negotiators. This step is expected to create a fairer balance between international standards and Indonesia's economic needs.
In conclusion, a change in approach to economic diplomacy is key for Indonesia. With tougher negotiators, Indonesia is expected to be more independent and capable of competing in the global capital market arena in the future.
Sources: JPNN.com
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