Dari Negara Gagal Hingga Menuju Negara Maju, Beginilah Kondisi Perekonomian Indonesia!

Introduction

This tutorial explores the economic journey of Indonesia, outlining its historical challenges and current status. It provides insights into Indonesia's potential for future growth, particularly in relation to its ambitious goals set for 2045. Understanding these aspects is vital for anyone interested in economics, development, or Southeast Asian studies.

Step 1: Understand Indonesia's Current Economic Position

• Indonesia is the largest economy in Southeast Asia and ranks as the 16th largest in the world by GDP, valued at approximately 1.420 trillion USD (22.2 trillion Rupiah) as of early 2024.
• Familiarize yourself with the key economic indicators, such as:
  • GDP growth rate (5% in 2023)
  • Historical growth rates (7.6% per year from 1967 to 1996)

Step 2: Analyze Historical Economic Challenges

• Recognize the impact of past crises on Indonesia’s economic development:
  • The economic crisis of 1998 resulted in a drastic decline of -13.1% in GDP.
  • High corruption levels have hindered economic progress, with a transparency index of 2.0, ranking Indonesia as the 6th most corrupt country among 85 evaluated.

Step 3: Evaluate Future Economic Goals

• Review President Jokowi's 2017 ambition for Indonesia to become the 4th largest economy by 2045.
• Understand that achieving this goal requires:
  • Sustained economic growth beyond the current 5%
  • Effective governance and reduction of corruption

Step 4: Assess the Role of Economic Institutions

• Note the involvement of key institutions in economic planning:
  • Ministry of Economic Coordination
  • Ministry of Finance
  • National Development Planning Agency (Bappenas)
• Explore how these institutions contribute to economic strategies and policy-making.

Step 5: Consider the Broader Implications

• Reflect on whether the current economic performance represents a success, considering past struggles and ongoing challenges.
• Think about the implications for citizens, businesses, and international relations.

Conclusion

Indonesia's economic journey from a challenging past to a hopeful future is marked by significant milestones and ongoing struggles. As the country aims for ambitious growth targets, understanding its current position, historical challenges, and institutional roles is crucial. Engage with local and global economic discussions to stay informed about Indonesia's evolving economy and its potential.