TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

75 years on, GDP has grown but inequality, poverty linger

  • Adrian Wail Akhlas

    The Jakarta Post

PREMIUM
Jakarta   /   Thu, August 13, 2020   /  06:24 pm
The Jakarta Post Image
Low-income residents wash in the Palembang River in South Sumatra on Feb. 21. Indonesia’s economy has grown significantly in the 75 years since the country’s independence, but poverty and inequality remain formidable challenges in the country’s pursuit of equitable prosperity.(Antara/Nova Wahyudi )

"Documenting 75 years of resilience” is a series of special reports by The Jakarta Post to celebrate Indonesia’s Independence Day, August 17, 1945. Indonesia’s economy has grown significantly in the 75 years since the country’s independence, but poverty and inequality remain formidable challenges in the country’s pursuit of equitable prosperity. Despite a significant contraction recorded in the 1998 Asian financial crisis and the current economic meltdown caused by the coronavirus pandemic, Indonesia’s economy, like those of many developing nations in the 20th century, has grown significantly since 1945. This growth has helped reduce poverty and create jobs in the fourth-most populous country in the world, and the poverty and open unemployment rates reached their lowest levels in early 2020 since before the 1998 Asian financial crisis. ...