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Jakarta Post

Unicorns and millennials’ aspirations

  • Aninda Dewayanti and Prayoga Permana


Jakarta   /   Wed, March 13, 2019   /  09:17 am
Unicorns and millennials’ aspirations Illustration of millenials. (Shutterstock/File)

The term unicorn became a trending topic after the latest presidential candidate debate. Both candidates voiced support for unicorns through tax cuts, infrastructure and business friendly regulations. Presidential candidate Prabowo Subianto, however, mentioned the potential for wider economic disparities and capital outflows because of the unicorns’ expansion. Yet today’s most important task is to link Industry 4.0 with job creation among educated youths in Indonesia. Millennials, who are people aged between 20 and 35 years old, account for 24 percent of Indonesia’s population, or 63.4 million people. The economic aspirations of millennials matter. As ISEAS researcher Budi Irawanto points out, their unique behavior as strategic voters makes them highly likely to determine the outcome of elections. Educated millennials might perceive the economy differently.&nbs...

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