Economy - Indonesia at Melbourne

How Prabowo’s 8% growth target will shape Indonesia’s fiscal policy

President-elect Prabowo Subianto has set an ambitious target of achieving 8% economic growth during his first term. This goal is driven by the intention to lift Indonesia out of the middle-income trap and propel it towards high-income status by 2045.

Talking Indonesia: starting a startup

Economy, Society, Talking Indonesia

In this podcast, Elisabeth Kramer talks to entrepreneur Sujeet Ramgir, who came to Indonesia from India and went on to start a highly successful Indian food 'cloud kitchen' catering to the Jakarta market.

Indonesia's gig workers are living precariously. Can we fix the platform economy?

Economy, Society

The Indonesian gig economy has the potential to be a win-win for both workers and companies, but only if it's built on a foundation of fairness and dignity. Law reform, gig cooperatives and gig unions offer a path towards achieving this balance.

OECD: Why is Indonesia trying to join ‘the rich club’?

Economy, Explainer, Foreign Policy

On 2 May 2024, the Organisation for Economic Co-operation and Development (OECD) presented Airlangga Hartarto, the Indonesian Coordinating Minister for Economic Affairs, with a roadmap to guide accession discussions with Indonesia. The OECD review could have a big impact on Indonesia’s political and economic system. So what’s in it for Indonesia?

https://en.antaranews.com/news/223293/pln-readies-47090-personnel-to-ensure-power-supply-during-ramadan

Talking Indonesia: electrifying Indonesia

Economy, Talking Indonesia

Harnessing electricity has always been at the centre of Indonesia’s dreams of development. Indeed, the very establishment of PLN, Indonesia’s ubiquitous state electricity company, was part of a wider nation building project to create a prosperous and socially just Indonesia. In this episode of Talking Indonesia Jacqui Baker chats with Dr Anto Mohsin about the role of electricity in the forging of Indonesia.

What does the EU’s new deforestation regulation mean for Indonesia?

Economy, Environment

The EU’s recent deforestation initiative, as the European Union Deforestation Regulation (EUDR), poses a significant challenge to countries with a comparative advantage in commodity-based sectors, like Indonesia.

https://www.flickr.com/photos/130075348@N08/51219074247/

Talking Indonesia: kretek capitalism

Economy, Talking Indonesia, Uncategorized

What kinds of labour - paid, under-paid and unpaid - keep the the kretek industry fabulously profitable in Indonesia? In this episode of Talking Indonesia Elisabeth Kramer chats with Dr Marina Welker about her new book and deep dive on how multinational tobacco corporations impact the lives of ordinary Indonesians.

Is Mohammad Hatta’s cooperative economic vision still relevant today?

Economy, Environment, History

Muhammad Hatta was a forward-thinking intellectual whose ideas regarding collaborative economics prefigured today's degrowth movement. His economic ideas present a viable and fair alternative to the capitalist paradigms driving social inequality and environmental degradation.

Prabowo’s China dilemma

Economy, Foreign Policy

Since Jokowi came to power, China has become Indonesia’s biggest trading partner and a major source of investment. Indonesia has benefited from China’s Belt and Road Initiative, and China’s investment in the local nickel industry has been pivotal in accelerating Indonesia’s dominance in that industry. So it is not surprising that Prabowo visited China earlier this month, well ahead of his formal inauguration.

Posted in: Economy