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Human Capital Investment is Key
Developed countries have proven that they can win in global competition, even without natural resources. The key is developing the quality of their citizens through long-term and focused investment.
Developed countries have proven that they can win in global competition, even without natural resources. The key is developing the quality of their citizens through long-term and focused investment.
Indonesia is now at a crossroads. The natural resources that we have always been proud of are starting to run out, especially oil and gas and timber. At the same time, the investment it has made in human capital since independence has not improved equitable welfare.