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S6 Ep24: Going for economic growth: Lessons from Indonesia

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Manage episode 490754664 series 2430021
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In October 2024, Prabowo Subianto became president of Indonesia. He inherits the “Golden Indonesia” vision: By the time the country celebrates 100 years of independence in 2045, it aims to be one of the five largest economies in the world. But if Indonesia remains dependent on commodity exports like palm oil, coal, natural gas, and rubber, does it risk getting stuck in the “middle income trap” – too wealthy to compete with low-wage nations, but without the human capital or technology to become a HIC?
Chatib Basri is an economist and former finance minister of Indonesia. He tells Tim Phillips about the industrial policies needed to accelerate Indonesia’s economy and diversify its exports, and the challenges if Indonesia does not accelerate its growth.
Read the full show notes on VoxDev: https://voxdev.org/topic/macroeconomics-growth/going-economic-growth-lessons-indonesia
Also on VoxDev: Is improving tax administration more effective than raising tax rates?
https://voxdev.org/topic/public-economics/improving-tax-administration-more-effective-raising-tax-rates-evidence
  continue reading

267 episodes

Artwork
iconShare
 
Manage episode 490754664 series 2430021
Content provided by Audioboom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
In October 2024, Prabowo Subianto became president of Indonesia. He inherits the “Golden Indonesia” vision: By the time the country celebrates 100 years of independence in 2045, it aims to be one of the five largest economies in the world. But if Indonesia remains dependent on commodity exports like palm oil, coal, natural gas, and rubber, does it risk getting stuck in the “middle income trap” – too wealthy to compete with low-wage nations, but without the human capital or technology to become a HIC?
Chatib Basri is an economist and former finance minister of Indonesia. He tells Tim Phillips about the industrial policies needed to accelerate Indonesia’s economy and diversify its exports, and the challenges if Indonesia does not accelerate its growth.
Read the full show notes on VoxDev: https://voxdev.org/topic/macroeconomics-growth/going-economic-growth-lessons-indonesia
Also on VoxDev: Is improving tax administration more effective than raising tax rates?
https://voxdev.org/topic/public-economics/improving-tax-administration-more-effective-raising-tax-rates-evidence
  continue reading

267 episodes

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