MELAWAN❗Tom Lembong Bongkar Kesalahan Besar Jokowi

Summary

Tom Lembong, a key economic advisor to President Jokowi, said there was a major mistake in Jokowi's second term. The initial focus on infrastructure should have shifted to 'software' like health, education, and institutions. He said Indonesia's economy is held back by poor human capital, not lack of infrastructure. Rather than resource-based manufacturing, Indonesia should invest in its people through health and education. A commodity focus won't create jobs amid global recession. Anies-Muhimin want to shift focus from infrastructure to building human capital.

Takeaways

• 😊 Tom Lembong was a key economic advisor to President Jokowi.
• 😟 Lembong says Jokowi made a mistake by continuing infrastructure focus in his second term.
• 🤔 Lembong believes Jokowi should have shifted focus to 'software' like healthcare and education.
• 🧐 He says Indonesia's main issue is poor human resources hampering economic growth.
• 💡Lembong believes investing in people via health and education is key, not infrastructure.
• 🌍 He gave examples of resource-rich countries that remained poor due to poor human capital.
• 💰 Jokowi is still focused on commodities and capital-intensive manufacturing industries.
• 😕 These industries won't create many jobs and are vulnerable to global recession.
• 🙅‍♂️ Lembong doesn't think Indonesia can rely on exports and commodities anymore.
• 👍 Anies-Muhaimin's slogan indicates focus on human capital for the economy.

Q & A

What was Jokowi's original focus for his second term, according to Tom Lembong?

According to Tom Lembong, Jokowi's original plan was to shift focus from infrastructure to software in his second term, meaning developing human resources in areas like health, education, and institutions.

What does Tom Lembong think is Indonesia's main problem holding back economic growth?

Tom Lembong believes Indonesia's main economic growth problem is its human resources/workforce, not lack of infrastructure or natural resource based industries.

How does Tom Lembong say Anies-Muhimin will address Indonesia's issues?

Through their 'SPoM' slogan, Anies-Muhimin want to shift Indonesia's focus from natural resource processing to developing human capital through health, education, etc.

Why does Tom Lembong think focus should shift from infrastructure and commodities?

With the weakening global economy, demand and prices for Indonesia's commodity exports will likely fall further, reducing their economic impact.

What industries does Jokowi currently focus on, according to Lembong?

Lembong says Jokowi focuses on downstream natural resource processing industries involving high capital but low labor like nickel smelters.

How could global recession impact Jokowi's economic plans?

The capital intensive industries Jokowi focuses on are vulnerable to recession, as they require high investment but don't create many jobs.

What examples does Lembong give regarding countries with few natural resources outperforming resource rich ones?

Lembong notes that many countries lacking natural resources have developed strong economies by focusing on human capital, unlike resource dependent states.

What policy change does Lembong recommend to make Indonesia's economy more resilient?

Rather than resource processing industries, Lembong argues Indonesia should invest more in developing its human capital through health and education.

Why does Lembong think Indonesia relies too much on commodities and exports?

With global economic weakness, demand and prices for Indonesia's commodity exports will likely weaken further in coming years.

What solution does Lembong propose for improving Indonesia's economy?

Lembong wants more investment in developing Indonesia's human resources/workforce through health and education to drive growth.