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Jakarta Post

Will jobs law guide Indonesia to a sustainable economy?

  • Simone Galimberti

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PREMIUM
Kathmandu   /   Tue, October 20, 2020   /  03:45 pm
Will jobs law guide Indonesia to a sustainable economy? Impacted by COVID-19 pandemic: Based on the 2020 Sustainable Development Report, the COVID-19 pandemic, in the short term, is expected to have the potential to cause severe negative impacts on most SDGs, specifically SDG 1 (ending poverty), SDG 2 (ending hunger), SDG 3 (achieving health and wellbeing) and SDG 8 (decent work and economic growth). (./.)

The omnibus Job Creation Law has been the center of a vortex not only causing spiraling unrest in the streets in Jakarta and elsewhere across the country but also throughout a variety of commentaries about its implications on the daily lives of millions of citizens. Depending on who you read and listen, opinions highly diverge with interpretations almost asymmetrically opposite to each other. The government, on the defensive, considers it a game changer, an enabler that will attract jobs creating investments that will project Indonesia among the group of developed nations by 2045, while much of the rest of the country, except business leaders, denounces its provisions. Interestingly, the entire world took notice of the new legislation, confirming the strategic importance attached to Indonesia, a regional power still in its development but with tremendous economical and geopoliti...

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