An estimate of economic losses from counterfeiting has been released by the Indonesia Anti-counterfeiting Society (“MIAP”) and the University of Indonesia ("UI") School of Economics.
According to a Jakarta Globe article (see here), the MIAP/UI study:
- projects economic losses in 2014 will amount to IDR65.1 trillion (around USD5.63 billion);
- finds that the most counterfeited products in Indonesia are computer software, printer ink cartridges, clothes and leather goods;
- calculates the government will lose IDR424billion (around USD36.74million) in tax revenues; and
- estimates that workers will loose around IDR3.4trillion in wages (around USD294.08million) - presumably because counterfeiters pay lower wages.
There is not yet any mention of the 2014 report on MIAP’s website. Four years ago when the first version of the report was produced, it was initially made available only to MIAP members - this disappointing move meant that the good work done compiling the report was not maximised with delivery to a wide audience. Surely distributing a copy to everyone who cares to read one would serve to further MIAP goals (which are articulated on its website) of raising awareness about and combating counterfeiting activity.
We hope to see the full report made publicly available soon.