- Joined
- Oct 12, 2016
- Messages
- 474
Indonesia must play the long game to transform its lagging labour force
The middle income trap once again ...
The middle income trap once again ...
In Brief
Indonesia's human capital development is middling. The Asian Financial Crisis resulted in a long-lasting premature transition to a services-based economy, with the resulting jobs having few opportunities for upskilling, let alone allowing people to enter the middle class. To change this, the new administration must reorient its focus to labour force productivity, which would include both domestic structural transformations and promoting high-skill labour migration.