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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.
Financial inclusion was supposed to be a lifeline; instead, it has become a dragnet. From predatory lending apps to algorithms that harvest "poverty as spectacle," the digital economy is transforming human desperation into a high-growth market.
Social protection and education policies must be integrated to ensure that the most vulnerable do not fall through the cracks and end up being denied their fundamental, constitutionally guaranteed right through systemic exclusion.
The country's social security system, now over 20 years old, might need reforms for an across-the-board upgrade to reflect contemporary conditions and trends, such as an aging population and a shift from traditional, family-based elderly care, as well as inclusion of a growing informal sector.
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