Which is the reason why Indonesia's manufcturing growth slowed down sharply since the 1990s?Group of answer choicesThe Indonesian government policy failed to seize the opportunities arising from rising global supply networks.Domestic manufacturing sector lost competitive grounds due to China's rise as the global manufacturing hubNone of the other answer options is correct.Commodity boom had an adverse effect on manufacturing sectorAll of the other explanations provided are correct.
Question
Which is the reason why Indonesia's manufcturing growth slowed down sharply since the 1990s?Group of answer choicesThe Indonesian government policy failed to seize the opportunities arising from rising global supply networks.Domestic manufacturing sector lost competitive grounds due to China's rise as the global manufacturing hubNone of the other answer options is correct.Commodity boom had an adverse effect on manufacturing sectorAll of the other explanations provided are correct.
Solution
The slowdown in Indonesia's manufacturing growth since the 1990s could be attributed to several factors.
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The Indonesian government policy failed to seize the opportunities arising from rising global supply networks: This could mean that the government did not take advantage of the globalization of supply chains, which could have provided opportunities for Indonesian manufacturers to expand their markets and increase their production.
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Domestic manufacturing sector lost competitive grounds due to China's rise as the global manufacturing hub: China's rapid industrialization and its dominance in global manufacturing could have made it difficult for Indonesian manufacturers to compete, both in terms of price and quality.
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Commodity boom had an adverse effect on manufacturing sector: A boom in commodity prices could have led to an over-reliance on the export of raw materials, at the expense of the development of the manufacturing sector.
Therefore, all of the other explanations provided are correct. Each of these factors could have contributed to the slowdown in Indonesia's manufacturing growth.
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