Growing While Transforming

The Covid-19 pandemic has caused a contraction in the economies of almost all countries in the world. According to data from BPS, the Indonesian economy shrank 5.32 percent year-on-year in the second quarter of 2020.

KOMPAS/TOTOK WIJAYANTO

The Medan oranges that just arrived at the Kramatjati Central Market, Jakarta, are sorted by size, Tuesday (11/8/2020). Based on BPS data, in January-June 2020, the export value of fruits reached 430.4 million US dollars, or 23.21 percent higher than the same period the previous year.

Editorial Note

The Kompas daily recently held another panel discussion on the economy to welcome 75 years of Independence and Golden Indonesia 2045. The speakers of the "Indonesia’s Transformation Towards a New System" discussion included: A. Prasetyantoko, the rector of Atma Jaya Catholic University, Jakarta; Phillia Wibowo, managing partner at McKinsey Indonesia; Shinta W. Kamdanthe, president of the Indonesia Business Council for Sustainable Development and deputy chairperson of the Indonesian Chamber of Commerce and Industry (Kadin); and Sonny Mumbunan, an economist at the University of Indonesia Center for Climate Change Research and the World Resources Institute. Coverage on the discussion below and on pages 13 and A (e-paper) was cowritten by Ninuk M. Pambudy, Ichwan Susanto, Karina Isna Irawan, Dimas Waraditya Nugraha, and Wirdatul Aini of the Kompas Research and Development (R&D) department.