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View all search resultsThe employment structure in Indonesia is imbalanced, with 33.67 percent of workers in part-time jobs and 59.33 percent in the informal sector, often without job security, social protections or access to skill development.
“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.
Achieving high-income status requires prioritizing the primary potential sources of Indonesia’s economic growth, such as the blue economy, manufacturing and city development, and relentlessly absorbing new technologies and basic science.
In the case of the Commuter Line pricing system, the subsidy scheme is not only to serve the public good, but also to amplify the positive externalities of using public transportation, including less air pollution and less traffic congestion.
Indonesia is the largest palm oil-producing country in the world, and local farmers control as much as 42 percent of oil palm plantation areas. However, an alarming productivity gap of 60 percent exists among local producers, especially between smallholders and companies.
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