Explore our latest data visualizations and interactive models.
This comprehensive policy research paper analyses Indonesia's structural economic stagnation through the lens of premature deindustrialisation, productivity crisis (TFP and ICOR), and persistent poverty. Comparing Indonesia with Vietnam and Singapore, it argues that Indonesia has missed its critical industrialisation window and that current Asta Cita policies are insufficient to escape the middle-income trap. The paper proposes a reorientation toward industrial deepening and global value chain integration.
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Data reveals a troubling paradox: Indonesia has maintained steady 5% GDP growth, yet its middle class has shrunk by over 9 million people since 2019. While economic output rises, the vulnerable population has exploded by 23%. This analysis validates the 'growth without prosperity' thesis, showing that official poverty reduction masks a broader reality of rising economic insecurity, where citizens aren't climbing the ladder—they're slipping off it.
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What happens to Indonesia's economy if the Strait of Hormuz closes? This interactive analysis maps the cascade from oil price shocks through freight rate surges to sector-by-sector impacts across transportation, agriculture, energy, manufacturing, and fisheries. With an adjustable oil price simulator and real-time data visualisations, explore how Middle East maritime disruptions could reshape the cost of living, industrial output, and food security for 280 million Indonesians.
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