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View all search resultsSomething that President Jokowi could have emphasized again and again since he broached the omnibus bill plans in his Independence Day speech in August, is that these pieces of legislation are essential if Indonesia is going to cash in on the demographic dividend — a phenomenon that occurs when the size of the working-age population of between 14 and 65 years outnumbers dependents.
In a country with poor pension coverage where almost half of the elderly live with their children and grandchildren, it is common to find working-age people covering the needs of their children as well as their parents.
Laws and regulations are needed to provide workers with strong bargaining power, and the government guarantees the freedom of workers to set up organizations or trade unions. However, overly protective labor legislation could kill the goose that lays the golden egg.
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