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View all search resultsWhile Indonesia's macroeconomic growth may appear reassuring on paper, it would do well to take a close look at the country's current trajectory in parallel with Chile's experience since 2019 to avoid creating an increasingly fragile middle class.
While Indonesia's headline GDP suggests an economic triumph, a deeper look at GNP reveals a hollow growth, where wealth flows outward rather than into households. The country’s impressive statistics are failing to move the needle for the middle class and the informal workers who anchor the economy.
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