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Designing a Strategy toward “Golden Indonesia 2045”

The history of Indonesia is one of a nation that wasted a golden opportunity in the 20th century.

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RIAN SEPTIANDI

Suharso Monoarfa

The history of Indonesia is one of a nation that wasted a golden opportunity in the 20th century. This is the conclusion of Anne Booth, a professor (Emeritus) of Economics at the SOAS University of London, England, in one of her books.

In the 1980s, Indonesia enjoyed a massive oil and gas surplus. In the 2000s, Indonesia was blessed with a sharp increase in commodity prices. However, after more than 30 years, Indonesia is still stuck as a middle-income country.

Editor:
naranasrullah
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