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View all search resultsdeindustrialization
Opinion 3 months ago
PREMIUM
Analysis: Deindustrialization concerns return to the spotlight in Indonesia
Business groups in Indonesia are warning that regulatory uncertainty surrounding labor policies is accelerating premature deindustrialization, a phenomenon in which developing economies experience a decline in manufacturing's share of gross domestic product at a much lower income level than historically observed in advanced economies.
Economy 1 year ago
PREMIUM
Low productivity, not imports, hurting local manufacturing competitiveness: Airlangga
“The problem is not always [influxes of foreign goods]. The problem is more fundamental; it’s capital expenditure [capex]. If an industry does not fix its capex, it will be automatically outcompeted,” the coordinating economic minister said on Monday.
Economy 1 year ago
PREMIUM
Prabowo's team vows to invigorate private sector, halt deindustrialization
The incoming Prabowo administration is apparently setting its sights on boosting private sector activities, a strategy that many leading economists agree is among the keys to greater growth, alongside bureaucratic reforms to ensure certainty.
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