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Jakarta Post

Harnessing the potential of urbanization

  • Rodrigo Chaves and Ede Ijjasz-Vasquez

Jakarta   /   Fri, June 17 2016   /  07:37 am

In many countries around the world, urbanization has gone hand in hand with greater life satisfaction, efficiency, innovation and productivity.

Well-managed urbanization can create the space for economic growth, jobs, higher incomes and reduced poverty. The examples of Singapore and South Korea show how this can be achieved in the space of a few decades.

Indonesia can also capitalize on the tremendous opportunities brought by rapid urbanization. As Indonesia’s cities grow at a rate of 4.1 percent, likely becoming home to 68 percent of the country’s population by the year 2025, they can create better jobs for millions of rural poor. Cities in Indonesia already account for 89 percent of the 20 million jobs created between 2001 and 2011.

These centers of job creation can contribute more to economic growth — but more infrastructure investments are crucial for ma...