INTEGRATED TRADE INFORMATION DATABASE AS A TOOL TO SUPPORT ECONOMIC GROWTH
Abstract
The export-led growth hypothesis postulates that export growth is one of the key determinants of economic growth. Unfortunately, Indonesia’s trade balance deficit in April 2019 was caused by weak exports performances. One of the ways to improve trade balance in Indonesia is the Government of Indonesia should encourage business owners to conduct export. Encouraging firms to start exporting could be done in many ways such as developing an integrated trade information database. By providing an integrated trade information database, the Government would be able to better support the economy. The availability of integrated trade information database will cope some problem facing in trade activities. Therefore Government of Indonesia needs to consider developing an integrated trade information database. The objective of this paper is to examine the role of Integrated Trade Information Database in supporting economic growth in Indonesia.