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Jakarta Post

The dream of being a developed country in 2045: Jokowi’s numbers in plain language

  • Esther Samboh

    The Jakarta Post

PREMIUM
Jakarta   /   Mon, October 21, 2019   /  11:45 am
The Jakarta Post Image
President Joko "Jokowi" Widodo delivers a speech.(JP/Dhoni Setiawan)

In his speech to kick-start his second term on Sunday, President Joko “Jokowi” Widodo used the word “dream” twice when talking about his vision for Indonesia to be a developed country in 2045. The target does reflect one big dream, but most Indonesians may be confused about what the numbers mean in everyday language. The Jakarta Post guides you through the targets, the numbers and terms that may be Greek to you to help you make sense of the speech. Middle income trap “Our dream, our ambition is that by 2045, after one century of Indonesian independence, Indonesia should, Insya Allah (God willing), have escaped the middle-income trap.” The middle income trap is a development economics term that, in short, describes an economy being stuck at middle income level without progressing to be rich. By World Bank standards, people in co...