Economist Faisal Basri assess a number of mistakes made by the government of President Susilo Bambang Yudhoyono in the Indonesian economy drive.

Faisal Basri

Economist Faisal Basri assess a number of mistakes made by the government of President Susilo Bambang Yudhoyono in the Indonesian economy drive.

According to him, Indonesia is currently facing the challenge of the invasion of foreign products. "Our country is now a fine dining foreign production. Government should be able to reverse it from consumer countries to producer countries.'s Really the fault of the current administration," Faisal said at a discussion titled "Economics for Indonesian People's Awakening" in Dharmawangsa Square Jakarta, Thursday (30 / 5/2013).

Faisal assessed during the administration of President SBY-Boediono, Indonesia's position continues to decline, particularly in terms of its economy. Faisal assume there are seven things that prove to Indonesia's economy continues to decline. First, Indonesian imports greater than exports. Second, the trade balance deficit continues, even this is caused from food products.

Third, the issue of energy also declined, especially oil imports greater than exports. This also led to Indonesia's balance of payments deficit as well. Fourth, the competitiveness of our human resources decreased. According to the Institute for Management Development (IMD), Thursday (05/30/2013), Indonesia is number 39 on the list of World Competitiveness Rankings 2013.

Last year, Indonesia was ranked at number 42. Although this year's ride, Indonesia is still ranked below other ASEAN countries. Philippines, for example, just above Indonesia at number 38. While other neighboring third countries so far, such as Singapore which is ranked 5th, Malaysia 15, and Thailand 27. "If it's red report card like this, it should not be up class president," he said.

Fifth, our natural resources are sold raw and no added value. It turned out despite our natural resources are sold, such as cocoa, coffee, tea, raw wood to coal, it also does not cover the country's trade deficit.

"Last year we had a deficit of 1.7 billion dollars. Though our natural resources sold that much amount, still not enough to be a surplus," he added. Sixth, our ease of doing business is difficult because of the bureaucracy. Indonesia has the ease of doing business index at number 129 in 2012, decreased compared to the achievement in 2011 is still at the level to 126. While Singapore (rank 1), Hong Kong (2), Thailand (17), Malaysia (18), and Taiwan (25).

Seventh, huge corruption index. In fact since 1995, the Indonesian corruption index continued to decline. "We are at number 118 in 2012, only better than Pakistan (139) and Bangladesh (144)," he added.