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Escaping the middle income trap through Making Indonesia 4.0?

  • Shah Suraj Bharat
    Shah Suraj Bharat

    -

Jakarta | Wed, July 4, 2018 | 09:46 am
Escaping the middle income trap through Making Indonesia 4.0? The Jokowi administration appears to have a grasp on this, demonstrated by its push for the rapid development of infrastructure, bureaucratic reform and upgrading human capital, especially that of unskilled workers.  (JP/Seto Wardhana)

PREMIUM Much attention has been afforded to President Joko “Jokowi” Widodo’s recent launch of Making Indonesia 4.0, an industrial strategy that chiefly emphasizes harnessing technology to boost growth in tune with the digital era. 

Policymakers, analysts and media outlets have lauded the strategy as a method in which to catapult the economy out of the middle income tr...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.

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