schuimpjes
Experienced member
I don’t think Indonesia can ever escape the status of middle income country (GDP (nominal) per capita 1000 to about 10,000 USD). We have lots of people, but the investment made not proportional with the number of population. Corruption is so normalized for example the 5% (or more) rule of the government’s acquisitions, which just gonna make the rich getting richer, and the poor getting poorer because that climate is not good for business, which means less investment to come here, the poor get no jobs, and the gap between rich and poor getting higher or the gini ratio getting higher.
Say that we are going to our prime time or already is, because we have lots of people on their productive age, good for economy (production etc), the demographic bonus. But with no investments, say good bye to that prime time bonus. The population probably getting older before they getting rich, which almost no way we can escape the status of middle income country with such condition.
Welcome Mexico and Brazil.
Say that we are going to our prime time or already is, because we have lots of people on their productive age, good for economy (production etc), the demographic bonus. But with no investments, say good bye to that prime time bonus. The population probably getting older before they getting rich, which almost no way we can escape the status of middle income country with such condition.
Welcome Mexico and Brazil.