CHANGES IN THE PATTERN OF INTERNATIONAL ECONOMIC DIPLOMACY CASE STUDY: FOREIGN INVESTMENT IN INDONESIA
Keywords:
Economic Diplomacy, Investment, Indonesia, developing countriesAbstract
This article explains that changes in the pattern of international economic diplomacy occur due to the awareness of 'developing countries' in carrying out relations between countries within the wider community. This review is solely based on secondary data collected from previous journals using literature studies. The high level of globalization and modern technology makes the movement of money between continents quite fast and cheap. Investors are looking for investment-friendly destinations to invest big enough and accumulate a great return on investment. Over the years, Indonesia has developed into an attractive hub for business people from all corners of the world and a magnet for foreign direct investment.
Downloads
References
Agility Emerging Markets Logistics Index. (2020), Available from: https://www.agility.com/insights/emerging-markets-logistics-index/ ranking.
Almutawa, AM, Maniruzzaman, AFM (2014), UAE's pilgrimage to international arbitration fame: A critical assessment of Dubai as a dispute resolution center aspiring to become a business hub in the Middle East. Journal of World Trade and Investment, 15, 193-244.
Logistics Performance Index. (2018), Available from: http://www.lpi.worldbank.org/international/global.
Makki, SS, Somwaru, A., Bolling, C. (2004), Determinants of foreign direct investment in the food processing industry: A comparative analysis of developed and developing countries. Journal of Food Distribution Research, 35(3), 60-67.
Mauro, P. (1995), Corruption and growth. Quarterly Journal of Economics, 110, 681-712.
Milner, HV (2014), Introduction: The global economy, FDI, and investment regimes. World Politics, 66(1), 1-11.
Muysken, J., Nour, S. (2006), Educational deficiencies and poor prospects for economic growth in the Gulf States: The case of the UAE. Journal of Development Studies, 42(6), 957-980.
Na, L., Lightfoot, WS. (2006), Determinants of foreign direct investment at the regional level in China. Journal of Technology Management in China, 1(3), 262-278.
Neumayer, E., de Soysa, I. (2005), Trade openness, foreign direct investment and child labor. World development, 33(1), 43-63.
OECD. (2000), Key Determinants of FDI and the Impact of Foreign Direct Investment on the Chinese Economy. Working Paper on International Investment No. 4. Paris: Prepared for the OECD Cooperation Programme.
Oxford Business Group. (2020), Banking in Indonesia Seeks to Strengthen Fundamentals and Shore Investment. Available from: https://www.oxfordbusinessgroup.com/overview/new-focus-onceconcerned-fast-paced-growth-stakeholders-now-seek-strengthenfundamentals-and-shore.
Resmini, L. (2000), Determinants of foreign direct investment in CEECs. Transition Economies, 8(3), 665-689.
Root, FR, Ahmed, AA (1979), Empirical determinants of manufacturing foreign direct investment in developing countries. Economic Development and Cultural Change, 27(4), 751-767.
Schneider, F., Bruno, S.F. (1985), Economic and political determinants of foreign direct investment. World Development, 13(2), 161-175.
Singh, S. (2019), A Review of Foreign Direct Investment (FDI) Inflows in India. Journal of General Management Research, 6(1), 41-53.
Smarzynska, BK, Wei, SJ. (2001), Corruption and the Composition of Foreign Investment: Firm-Level Evidence, World Bank Working Paper.
Trading Economics. (2020), Available from: https://www. tradingeconomics.com/indonesia/gdp.
Transparency International, Corruption Perceptions Index. (2019), Available from: http://www.transparency.org.
Uwubanmwen, AE, Ajao, MG (2012), Determinants of foreign direct investment in Nigeria. International Journal of Business and Management, 7(24), 67-77.
World Bank Database. (2019), Available from: https://www.data.worldbank.org.
World Investment Report. (2018), Available from: http://www.unctad.org/en/publicationslibrary/wir2018_en.pdf.
Worldometer, Density and Land Area. (2019), Available from: https://www.worldometers.info.
Xaypanya, P., Rangkakulnuwat, P., Paweenawat, SW (2015), Determinants of foreign direct investment in ASEAN. International Journal of Socio-Economics, 42(3), 239-250.
Logistics Performance Index. (2018), Available from: http://www.lpi.worldbank.org/international/global.
Makki, SS, Somwaru, A., Bolling, C. (2004), Determinants of foreign direct investment in the food processing industry: A comparative analysis of developed and developing countries. Journal of Food Distribution Research, 35(3), 60-67.
Mauro, P. (1995), Corruption and growth. Quarterly Journal of Economics, 110, 681-712.
Milner, HV (2014), Introduction: The global economy, FDI, and investment regimes. World Politics, 66(1), 1-11.
Muysken, J., Nour, S. (2006), Educational deficiencies and poor prospects for economic growth in the Gulf States: The case of the UAE. Journal of Development Studies, 42(6), 957-980.
Na, L., Lightfoot, WS. (2006), Determinants of foreign direct investment at the regional level in China. Journal of Technology Management in China, 1(3), 262-278.
Neumayer, E., de Soysa, I. (2005), Trade openness, foreign direct investment and child labor. World development, 33(1), 43-63.
OECD. (2000), Key Determinants of FDI and the Impact of Foreign Direct Investment on the Chinese Economy. Working Paper on International Investment No. 4. Paris: Prepared for the OECD Cooperation Programme.
Oxford Business Group. (2020), Banking in Indonesia Seeks to Strengthen Fundamentals and Shore Investment. Available from: https://www.oxfordbusinessgroup.com/overview/new-focus-onceconcerned-fast-paced-growth-stakeholders-now-seek-strengthenfundamentals-and-shore.
Resmini, L. (2000), Determinants of foreign direct investment in CEECs. Transition Economies, 8(3), 665-689.
Root, FR, Ahmed, AA (1979), Empirical determinants of manufacturing foreign direct investment in developing countries. Economic Development and Cultural Change, 27(4), 751-767.
Schneider, F., Bruno, S.F. (1985), Economic and political determinants of foreign direct investment. World Development, 13(2), 161-175.
Singh, S. (2019), A Review of Foreign Direct Investment (FDI) Inflows in India. Journal of General Management Research, 6(1), 41-53.
Smarzynska, BK, Wei, SJ. (2001), Corruption and the Composition of Foreign Investment: Firm-Level Evidence, World Bank Working Paper.
Trading Economics. (2020), Available from: https://www. tradingeconomics.com/indonesia/gdp.
Transparency International, Corruption Perceptions Index. (2019), Available from: http://www.transparency.org.
Uwubanmwen, AE, Ajao, MG (2012), Determinants of foreign direct investment in Nigeria. International Journal of Business and Management, 7(24), 67-77.
World Bank Database. (2019), Available from: https://www.data.worldbank.org.
World Investment Report. (2018), Available from: http://www.unctad.org/en/publicationslibrary/wir2018_en.pdf.
Worldometer, Density and Land Area. (2019), Available from: https://www.worldometers.info.
Xaypanya, P., Rangkakulnuwat, P., Paweenawat, SW (2015), Determinants of foreign direct investment in ASEAN. International Journal of Socio-Economics, 42(3), 239-250.
Zhao, H., Zhu, G. (2000), Location factors and country-of-origin differences: An empirical analysis of FDI in China. Multinational Business Review, 8(1), 60-73.
Published
Issue
Section
License
Copyright (c) 2025 Diah Apriliani (Author)

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
By exercising the Licensed Rights (defined below), You accept and agree to be bound by the terms and conditions of this Creative Commons Attribution-NonCommercial 4.0 International Public License
