Thursday, 29 Jul 2021

Come up with a new economic model for Indonesia: Jakarta Post

JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) – Being relegated from an upper-middle to a lower-middle income country has undone some of the progress Indonesia had made over the last two decades, when our economy grew to bring greater prosperity to the nation and its people.

But rather than ruing this relegation in the World Bank’s classification of countries, we should take it in stride, with humility and retrospection.

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