Symptoms of globalization occurred in the financial, production, trade investment that would affect the relations among nations and relations between individuals in all aspects of life. Relations among nations become more interdependent the world economy becomes even make one so as if borders between countries in trade and business activities do not exist anymore.
Currently, Indonesia began to interpret his state of life in the phase of globalization. One of them is economic globalization, which is the process of economic activity and free trade. Globalization becomes imperative to reject or remove barriers to the flow of capital, goods and services. And, based globalization makes national economic linkages with the international economy becomes more closely. In a national scale, globalization is an international market opportunities for domestic products competitively. However, in certain side also the entry opportunities of global products into the domestic market.
For Indonesia with the globalization of the economy is expected to obtain additional capital and better technology experts, namely through the "investment" a flood of foreign capital and experienced experts educated. Indeed, for developing countries, capital requirements and experts experienced a major problem in the growth of its economy. However, the expected profit, the globalization of the economy also brings a downside.
The first aspect, due to globalization as a system of foreign trade that is free. These developments make the state of Indonesia no longer able to use high tariff as a protection for the growth of new industries (infant industry). Here the domestic industry to be slow and even worse, so the market situation promising gains in industries multinational companies because they are supported by large capital.
Impact on balance of payments, more likely caused by two trends. First is the tendency of globalization from a flood of imported goods, thus putting domestic product, exports can not compete and become stagnant. Both the effects of globalization on the net factor income payments abroad who tend deficit. This is a result of foreign investment linkages with the flow of profits or income payment "investment" abroad.
Stabilization aspect of banking, more due to the effects of globalization on the flow of investment "capital" portfolio, namely the participation of foreign funds into the stock market. Where "Fluctuation" stock market correlates to the value of domestic currency. Instability in the financial sector clearly had an impact on the stability of national economic activity.
While the fourth aspect, is the accumulation of all aspects of the above. Breakdown of the domestic industrial sector, poor balance of payments and banking stability in Indonesia is clearly not affect the volatility of economic growth. And in the long run will reduce the rate of growth of national economy as a whole.
In addressing the adverse effects of the economic globalization, Indonesia needs to have strong national economic resilience by taking into account competitiveness - both product quality and quality of human resources, efficiency, technology and investment penguasaaan in upstream production processes in addition to the downstream production process that already exists, an adjustment capability (adjustment capability), economic structure, and economic policies are integrated with other strategic sectors, such as energy and food sectors, in order to achieve economic security. Without a strong national economic resilience then globalization will eventually crush the national economy because of intense competition with external economic actors in almost all economic activity.
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