MELAWAN❗Tom Lembong Bongkar Kesalahan Besar Jokowi

Tribun Pontianak

22 Jan 202403:31

Summary

TLDRTom 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.

Outlines

00:00

😞 Tom Lembong: Jokowi Made Big Mistakes in His Second Term

Tom Lembong, former Trade Minister and head of the Investment Coordinating Board, said Jokowi made big mistakes in his second term. The original plan was to focus on infrastructure in the first term and shift to software like healthcare, education, and institutions in the second term. But the infrastructure focus continued, neglecting those other areas.

🤔 Anies-Mukmin Aim to Shift Focus from Infrastructure to Software

According to Tom Lembong, Anies-Mukmin plan to shift Indonesia's development focus through their tagline from infrastructure to software - human resources, education, and institutions. He says Indonesia's main issue is human resources, which hinders economic growth. The solution is investing in education and healthcare, not infrastructure and natural resource-based industries.

💡 Quality of People, Not Natural Resources, Determines Economic Success

Lembong gave examples of resource-rich countries being economically poor while resource-poor countries with quality human capital became economically advanced. He said the current government still focuses on downstream natural resource processing industries that are capital-intensive but commodity-based and facing declining prices, rather than investing in people.

😕 Labor-Intensive Manufacturing Also Not the Solution

Lembong argued that the focus on capital-intensive manufacturing industries would also hurt the economy by not creating many jobs, as production is highly automated. With the big global recession risk, demand and prices for commodities will likely fall further. Instead of relying on exports and commodities, the focus should be on people.

🗞️ Summary of Discussion on Presidential Candidates' Economic Plans

This was a summary of the discussion on the economic plans of presidential candidates on the TV program "Your Money, Your Future" amid global uncertainty. Tom Lembong provided perspectives on how Jokowi's second term policies have been misguided, and how Anies-Mukmin aims to correct this by shifting focus to human capital instead of infrastructure and commodities.

Mindmap

Keywords

💡Tom Lembong

Tom Lembong is mentioned as a significant figure in the context of the Indonesian government, specifically related to economic policies. He is described as an ally of President Jokowi and has held important roles such as Minister of Trade and head of the Investment Coordinating Board (BKPM). His perspective and criticisms about the government's economic strategy, particularly regarding the shift from infrastructure to human resources, education, and health, are central to the script. Lembong's insights provide a critical view of the Jokowi administration's economic policies.

💡Jokowi

Jokowi, the President of Indonesia, is a central figure in the video. The script discusses his administration's policies, particularly the focus on infrastructure development in his first term and the continued emphasis on this area in his second term. Criticisms from Tom Lembong about this strategy highlight the perceived neglect of other vital sectors like human resource development, health, and education. Jokowi's administration's approach to economic development, including its focus on natural resource downstreaming, is a key topic of the script.

💡Infrastructure

Infrastructure is a recurring theme in the script, representing a primary focus of Jokowi's first and second presidential terms. The script discusses the government's heavy investment in physical infrastructure, such as roads, bridges, and industrial facilities. However, this focus is criticized for overshadowing other critical areas like human resource development. The debate over infrastructure investment versus other types of development highlights the complexities of economic policy-making.

💡Human Resources

Human resources (HR) refer to the workforce or human capital of a country. In the script, there is a call for shifting focus from infrastructure to human resource development. This includes enhancing education and health services to improve the workforce's quality. The criticism is that neglecting HR development can hinder economic growth, as a skilled and healthy workforce is crucial for a country's progress. The script uses this concept to argue for a more balanced development approach.

💡Education

Education is highlighted in the script as a crucial area for investment, particularly in the context of human resource development. It is pointed out that focusing solely on infrastructure while neglecting education can lead to economic stagnation. Education is considered vital for creating a skilled workforce capable of driving economic growth and innovation. The script suggests that the Jokowi administration may have overlooked this aspect in its development strategy.

💡Health

Health, alongside education and human resources, is presented as a neglected sector in Jokowi's economic strategy. The script emphasizes the importance of investing in health services to ensure a healthy workforce, which is essential for sustainable economic development. The lack of focus on health is seen as a significant oversight in the government's policy, affecting the overall wellbeing and productivity of the population.

💡Economic Development

Economic development is a broad theme in the script, encompassing various strategies and sectors like infrastructure, human resources, education, and health. It refers to the efforts made by the government to improve the economic wellbeing of the country. The script critiques the Jokowi administration's approach to economic development, suggesting it has been too narrowly focused on infrastructure and natural resource downstreaming, at the expense of other crucial areas.

💡Investment

Investment is a key concept in the script, particularly regarding where the government should allocate its resources. The debate in the script centers around whether investment should continue to be heavily directed towards infrastructure and natural resource industries, or whether it should be diversified into human resources, education, and health. The script suggests that a more balanced investment strategy could lead to better economic outcomes.

💡Natural Resources

Natural resources, especially the downstreaming of these resources, are discussed in the script as a significant aspect of Indonesia's economic strategy under Jokowi. The script mentions the focus on creating manufacturing industries based on natural resources, such as the nickel smelting industry. However, it also highlights the risks of this approach, including reliance on commodity prices, which can be volatile and subject to global economic trends.

💡Economic Policy

Economic policy in the script refers to the strategic decisions made by the Jokowi administration concerning the country's economic development. The script critiques these policies, particularly the continued focus on infrastructure and natural resource downstreaming. It suggests that these policies might not be sufficient to address the broader economic challenges Indonesia faces, such as the need for skilled human resources and a robust education and health system.

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