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OPPORTUNITIES TO ADVANCE INDONESIA’S ECONOMY THROUGH THE OECD AND BRICS

JUNE 2026 - Working Paper

2026-002

AUTHOR(S) -

Alia Rahmatulummah, Bagas Rizky Ramadhan, Inas Alya Haura
Indonesia's membership in the Organisation for Economic Co- operation and Development (OECD) and BRICS (Brazil, Russia, India, China, South Africa) is a strategic step to strengthen its economic and political position on the global stage. In facing global challenges such as the COVID-19 pandemic and commodity price fluctuations, involvement in these two organizations is expected to provide significant benefits for economic growth and national development. Joining the OECD provides access to best practices and international standards, which can enhance the quality of public policies and Indonesia's economic reputation. Meanwhile, membership in BRICS offers opportunities to expand export markets and increase cooperation with other developing countries. Despite challenges, such as economic disparities among BRICS members and the need to improve the competitiveness of national products, this move reflects a pragmatic approach in Indonesia's foreign policy. By leveraging opportunities from both organizations, Indonesia can accelerate its economic transformation and achieve the status of a developed nation in line with the vision of Indonesia Gold 2045.

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OPPORTUNITIES TO ADVANCE INDONESIA’S ECONOMY THROUGH THE OECD AND BRICS

JUNE 2026 - Working Paper

2026-002

AUTHOR(S) -

Alia Rahmatulummah, Bagas Rizky Ramadhan, Inas Alya Haura
Indonesia's membership in the Organisation for Economic Co- operation and Development (OECD) and BRICS (Brazil, Russia, India, China, South Africa) is a strategic step to strengthen its economic and political position on the global stage. In facing global challenges such as the COVID-19 pandemic and commodity price fluctuations, involvement in these two organizations is expected to provide significant benefits for economic growth and national development. Joining the OECD provides access to best practices and international standards, which can enhance the quality of public policies and Indonesia's economic reputation. Meanwhile, membership in BRICS offers opportunities to expand export markets and increase cooperation with other developing countries. Despite challenges, such as economic disparities among BRICS members and the need to improve the competitiveness of national products, this move reflects a pragmatic approach in Indonesia's foreign policy. By leveraging opportunities from both organizations, Indonesia can accelerate its economic transformation and achieve the status of a developed nation in line with the vision of Indonesia Gold 2045.