The World Bank report said the growth in Indonesia's middle class reaches 7 million people per year. The report also mentions that there was an amazing shift in the middle class, the middle class in 2003 is 37.7 percent of the total population to 56.5 percent in 2012.
Indonesia's per capita income is U.S. $ 3,550 per year and according to the IMF's GDP per capita of Indonesia is U.S. $ 3,797, Indonesia's position from the position of low-income countries are heading into middle-income countries, the World Bank also classifies the countries in the world to into four income groups. The group is organized every year on July 1. Economy is divided according to national income per capita 2008 uses the following income levels: low-income countries has PN per capita U.S. $ 975 or lower middle income kurang.Negara have PN per capita between U.S. $ 976 and U.S. $ 3.855.Negara upper middle income per capita has Among PN U.S. $ 3,856 and U.S. $ 11,905. High-income countries has PN per capita of more than U.S. $ 11,906.
Indonesia's record of success is a challenge for us to continue to advance the economic growth of a country with high income or developed countries. Indonesia needs a strong capital to spur economic growth, such as the simple theory of capital is a factor of production we should have, human resources, natural resources, technology or science.
Indonesia's natural resources will no doubt, still human resources must continue to be developed, one of the directors of the Bank of Papua said to me about the importance of 'Affirmative Action' or how Papuan children catch up and be ready to compete with the parallel world of quality human resources .
The end of March the Asian Development Bank issued the book 'Diagnosing the Indonesian Economy: Toward Inclusive and Green Growth', this book serve as a warning that Indonesia does not get stuck in the economic success of the entry in the middle.
Important way to avoid this trap is that we do not stop the exploration of natural resources of raw materials, but the main thing is innovation in adding value to the products that have been there all along. For example seaweed, we know many dozens of seaweed derivative in number, but how many are processed Indonesian local industry? We will wonder seaweed snack from Singapore, who do not have seaweed.
Time for Indonesia to provide innovation in products that can have added value to Indonesia for Developed Countries.
Indonesia's per capita income is U.S. $ 3,550 per year and according to the IMF's GDP per capita of Indonesia is U.S. $ 3,797, Indonesia's position from the position of low-income countries are heading into middle-income countries, the World Bank also classifies the countries in the world to into four income groups. The group is organized every year on July 1. Economy is divided according to national income per capita 2008 uses the following income levels: low-income countries has PN per capita U.S. $ 975 or lower middle income kurang.Negara have PN per capita between U.S. $ 976 and U.S. $ 3.855.Negara upper middle income per capita has Among PN U.S. $ 3,856 and U.S. $ 11,905. High-income countries has PN per capita of more than U.S. $ 11,906.
Indonesia's record of success is a challenge for us to continue to advance the economic growth of a country with high income or developed countries. Indonesia needs a strong capital to spur economic growth, such as the simple theory of capital is a factor of production we should have, human resources, natural resources, technology or science.
Indonesia's natural resources will no doubt, still human resources must continue to be developed, one of the directors of the Bank of Papua said to me about the importance of 'Affirmative Action' or how Papuan children catch up and be ready to compete with the parallel world of quality human resources .
The end of March the Asian Development Bank issued the book 'Diagnosing the Indonesian Economy: Toward Inclusive and Green Growth', this book serve as a warning that Indonesia does not get stuck in the economic success of the entry in the middle.
Important way to avoid this trap is that we do not stop the exploration of natural resources of raw materials, but the main thing is innovation in adding value to the products that have been there all along. For example seaweed, we know many dozens of seaweed derivative in number, but how many are processed Indonesian local industry? We will wonder seaweed snack from Singapore, who do not have seaweed.
Time for Indonesia to provide innovation in products that can have added value to Indonesia for Developed Countries.
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