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Jakarta Post

Insight: Harnessing technology for inclusive growth

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Jakarta   /   Wed, January 24, 2018   /  08:15 am
Insight: Harnessing technology for inclusive growth Urban poor – A resident carries out her daily activities in a slum area in Kapuk Teko, Jakarta. (Antara/Rivan Awal Lingga)

One of the best stories in our lifetime is the success of humanity in tackling extreme poverty. In the last two and a half decades, the number of people living on less than US$1.90 a day has been halved to less than 800 million. Progress has been particularly rapid in this part of the world. In 1990, more than 60 percent of people in East Asia and the Pacific were in extreme poverty. Now, that number has been brought down to 3.5 percent. In Indonesia, gross domestic product (GDP) per capita has increased significantly, and 10 million people have exited poverty in the last decade alone. And yet challenges remain. The pace at which we are cutting poverty in this country is slowing, while inequality is on the rise. Some of those who have risen above the poverty line remain vulnerable, and could drop back down. We are not alone in facing these challenges: The World Bank predicts that 4...

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