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View all search resultsEven during the peak of the COVID-2019 pandemic in 2021 the manufacturing sector’s contribution to the gross domestic product (GDP) still increased from Rp 2.76 quadrillion (US$190.3 billion) in 2020 to Rp 2.94 quadrillion or about 19 percent in 2021.
Although the global economy is in troubled waters, Indonesia's economy is buoyed by strong commodity exports, putting the country in a favorable position among emerging markets, research by Moody’s Analytics suggests.
Indonesia has an opportunity to use its G20 presidency to initiate cooperation in virtual labor mobility as a means to counter the future "scarring effects" of job insecurity stemming from today's learning loss.
The global labor market is facing a highly uncertain recovery in the second half of the year amid the coronavirus pandemic, with female workers suffering disproportionately from its impact, according to a report from the International Labor Organization, or ILO.
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