Thats because Indonesia had totally bad experience from austerity due to high debt to GDP ratio back in late 90s to early 2000s. Even by that time, it peaked "only" at 72.5%... it is not extraordinary figure to today's standard. But thanks to massive austerity, severe budget management discipline, and booming commodity prices, it was succesfully managed to go down to 20% to 30% in decades of 2000. Indonesia has law that limit government spending deficit. Since 1997, only one attempt of loosening the limit was approved by the legislative... and that was due to covid. And even during covid it was only hovering around 40-ish percent. I spent my highschool years during this austerity period, the news of crumbling infrastructure, weak police department and military, and incapability of public service were everyday news.. because the budget was massively cut, yet the govenrnment was so stubborn to keep fuel subsidy.😅
@@carkawalakhatulistiwa40% / GDP is 3rd lowest in ASEAN, or 7th biggest, out of 10 countries. However you put it, it is actually impressive considering Indonesia is by far the biggest country in the region.
Hi, we like Americans cuz our population are diverse. Some hate religious extremist and see america'd secularism or turkey's muslim majority secularism as the cozy target. SADLY due to democracy partly religious extremist are doing all they can to make Indonesia a syariah law aincent extremist. With democracy they try to win votes and there are talks on making a second Indonesian province to use syariah law with rise of intolerance in northern Sumatra. As an Indonesian and secular lover I HATE THAT. Wished my government is secular and more authoritative to prevent extremist
🙏 we respected USA citizen but no USA Government. Tell to your government to stop military aid for Israel. US government try to be baddass for weaker country
@@Edgar_Ramirez471Yes, Indonesians are related to Filipinos too. Same for Malaysians, Brunei-ians(?), and a certain ethnic group in Madagascar (Maalgasy).
Sesungguhnya yang bisa membuat Indonesia maju adalah mentalitas rakyatnya sendiri. Hilangkan budaya korupsi, jaga kebersihan supaya turis datang, jangan mudah terhasut oleh isu SARA. Jangan hanya mengandalkan pemerintah, mulailah berubah dari diri sendiri dulu.
@@kahpikahpi1476 sdm rendah anda ini. siapa yg korupsi? orang dari mana mereka? dari daerah mana mereka? semua dari rakyat yg lupa diri setelah punya jabatan. jangan salahkan pemerintah.
It's nice to see the rise of such an interesting nation and this is definetly undereported in the media. I hope Indonesia can continue to advance. I will be cheering on 🇮🇩 from here in 🇧🇷
Except, that every nation need its own cow-milking tax generator to fund its unfortunate population. Yeah true commodity export and large industries are massively benefit miniscule of people... BUT, the working government supposed to ensure that taxation would distribute the wealth to its unfortunate population. The country will have money to finance its education, helthcare, civil service, and public infrastructure. Thats why working democracy is important here, because if government failed to do so, they would have been voted out😂. And in Indonesia case, there is no government since reform era in 1998 with low approval rating (despite corruption and stuffs)😂. All of leaving government has approval rating in 70-80-ish percent.😅. Thus it is safe to say, the people perceived that the government manage wealth distribution rather well. And also, in Indonesia... incumbent mostly always win during the election be it in local level or national level.😂
Oh yes, disputes other than religion in the Middle East often also occur at certain ethnic levels in Indonesia which you mentioned in the video which I noticed most often occurs in areas with a high level of diversity such as on the island of Java, especially in East Java, Banten and other islands in There have also been a lot of Indonesians in Sulawesi recently, as well as the surrounding areas. Get ready. Indonesia in 2045 will be like the Middle East which is dry and there will be wars, killings and so on, as well as suicide bombings using cars and the like in Indonesia. but the thesis is that many examples of young Indonesians who are around 60% of the Z generation (aged 14-21 years) and the millennial generation (aged 22-29 years) have emerged who are identified as puritan & ultraconservative, linking this to the influence of the Wahhabi Hijrah movement.
Malaysia is much more developed and Kuala Lampur is one of the best cities in the world to live and do business. Malaysia is almost as developed as China.
Indonesia🇮🇩 and India 🇮🇳 share brotherly civilizational relationship. Indians love Indonesian growth and wish them all the very best for their growth story
we are really potential country, but our biggest enemies is not from outside, but from inside. mentality, government, people, the rest are more than enough, even better than other countries
Brotherhood should be base on spiritual point off view. Unless the genuinely knowledge is realized, human will Envious each other. People Fighting base on material point of view such as religion, ehnic, nation, will going on.
I am Indonesian, work in Japan. Growth is on our side. However, the rampant corruption and gap between the poor and rich still nullify Indonesian potential.
The 160 JPY to USD must be really hurting. Japanese money was fantastic for SE Asians until recently. These days a lot of SE Asians can make the same money within their native country.
Indonesia akan terus membaik dan membaik lagi, berkembang dan terus berkembang lagi. Itu semua tergantung dari para pemimpin di negara ini, Indonesia punya potensi yang besar .
Setuju,Salam dari Malaysia.Cuma diharapkan kerajaan Indonesia dapat menyamaratakan pembangunan di luar jawa,Sumatera,Bali dan Kalimantan.InsyaAllah potensi sebenar Indonesia dapat diterokai.Salam Hormat dari malaysia
Maybe the world has forgotten, Indonesia has gone through all the problems that have occurred in this part of the world. war from colonialism, tsunami and earthquake disasters, poverty, corruption, coup, reform, embargo, economic crisis, civil war, religious war etc. The funny thing is, Indonesia is still surviving and heading towards becoming the strongest country even though it is progressing slowly but surely.
Some people said that we are slow with the technology but i think its a blessing in disguised. Without proper mindset, having advanced technology is like getting cursed.
Indonesia had a lot of potential, but the same can be said for India and Vietnam. Until it can get their corruption under control, they will be stuck in the middle income trap
@@cricketarena4926muslim but not yet fundamentalist, plus proudly pluralistic for now. They're also aware of their Hindu and Buddhist past and unlike other Muslim countries aren't ashamed of their past or hide it away. Their airline is named after the mythological bird from the Hindu scriptures, Garuda. Indonesia is what Pakistan should have been like. Proudly Muslim but also proud of its Hindu and Buddhist past. But only time will tell if Indonesia can keep it's current pluralistic Islam going or it too falls for the fundamentalist nonsense imported from Saudi Arabia
Yup ... it's not easy indeed to be a neutral (non-alignment) country, especially when rivalries betwen US + the Westerns vs China + Russia gets intensed But, there's always two sides of coin to play with, and Indonesia has to be really smart in playing its geo-politic policy. One strategic policy that Indonesia 'plays' is "push and pull" strategy - one side, the country 'pulls in' China to invest infratructures and industries in Indonesia, which automatically 'push away' the Western or USA investors, especially related to Indonesia's new policy of raw resources ... but on the other side, Indonesia also shares wider relationship with the Western and USA in security and defense industries, which also pushes China away related to sea territorial's disputes between China and Indonesia Second strategy of Indonesia is unifying the ASEAN countries (11 SeAsian countries, including Indonesia). Basically, as the largest country in ASEAN, Indonesia has 'played' its dominance by unifying ASEAN with collective agreement to keep the region stable and peace in ASEAN Summits 2022, all member countries have agreed to not let the region as a field of war, instead will focus more on economic development and politic stability. Indonesia has made very clear statement to ASEAN that Indonesia refuses any country in ASEAN to be a proxy of one of the rivals. Thus has also been understood by non-ASEAN neighbourhood countries such Australia, PNG, China, India, Japan and (both) Korea that ASEAN in general avoid any idea of war (military forces) in their region Vietnam as well has also played its "bamboo" strategy in geo-politic, which literally means "flexible" strategy ... and I think all ASEAN countries do the same way Singapore or the Philippines for example, eventhough their relations are closer to the Western and USA ... they know that they still have to keep the region safe, stable and peace - and this goes the same to Malaysia and Thailand for example who likely being closer to China by joining BRICS so far ... Indonesia always keeps its non-alignment position between the two rivals, but also has made pretty 'strong' statement for both to not creating unstability in the region ... Well, hopefully this works and will continue
In fact, choosing non-alignment is not only liked by Indonesia, but most other Southeast Asian brothers also like it. We like competition, not hostility. We like rivalry, not war. We may like to tease, but we don't hate each other. We just don't want to be drawn into the hostility between Washington and Beijing. Making Southeast Asia into a battleground between 2 giants, is the worst thing that we really want to avoid.
Regarding resources, what is overlooked is, after the ban of Australian coal to China, guess who exports the most to them? Indonesia. The ban has since been lifted but Australian coal exports to China still are not close to the same amounts as before.
To say I'm proud of my country will be an understatement. You see, when my mom was in elementary years her family was the only one who got access to television. Back then people from the entire neighborhood will gather at somebody house just to watch tv because not all people got access to tv. Back then, owning a car was just for the elite even if it was just an economical corolla still part of the elite and many people still uses andong (horse carriage), and becak (bicycle taxi). Back then we were one of the poorest country in the entire globe. But now, 50+ years from that time we are a thriving country with excellent economy, universal healthcare, subsidized and even free education with 90+% literacy rate, a wide internet coverage and the hub for digital economy. Now things that were luxury back in the past are a normal and already essential component of the average indonesian households such as cars, tv, smartphones, etc. We even just a step behind to become a member of oecd. So yeah, regardless of anything i can say I'm damn proud of my nation and my people because we can achieve something that are unimaginable and we are poised to be even greater than we are today.
In I998 when Indonesia went bankrupt My late husband and I went there to help. The country got money saved and doing alright thanks to us who worked there on and off for 3 years to rebuild the financial institution sector. Bali too we revived, reconstructed, fixed banks. In my coming memoir tell the story. We helped poor countries in the 90s to 2005. The book will release end of the year. Read the book then you will get your answer. Sokhom Prins, author, historian, world activist, chef, research analyst, humanitarian Late husband Dr of Law, renowned international financial consultant, banking and author. His book which he wrote in 74 ( rare, educational book ). He is Dutch, South African My father is 4 star general, national hero of Cambodia, playwright, professor, freedom fighter, architecture, financier. Both side of our ancestors are revolutionary, patriotic from the Khmer Empire time.
Its not bankcrupt actually but misleading in terms of monetary n fiscal issue , and h 12:00 it by due date of forex debt crisis in the same time hit by speculant forex hit the Indonedia Rupiah, all impact to trigger economic crisis , then socio political crisis as a derivative but truly very significant create a chaos.
@@SabdoBagusIngAti No amount of spin you can put on, the fact remain full stop. And my coming book has all the proof and evidence, witnesses. We had helped Malaysia, Indonesia ect too. We the one who fixed, revived, reconstructed bankruptcy banks in the 90s to mid 2000 also we found new banks in Cambodia, East Timor ect. There’s a whole book about the financial world, cooperates, business world, governments and beyond.
I am investing in Indonesia. This country is now very similar to South Korea in 1970 and China in 1990. In the next 30 years, countless new cities will spring up, and heavy industry and electronics industry will be born.
Komentar yang sangat lucu ,sepertinya anda belum keliling indonesia di semua provinsi … kemajuan indonesia sudah sangat luarbiasa … anda berkunjung indonesia ditempat desa …. 😂😂😂
You are wrong about Indonesia. You missed seeing Indonesia. Indonesia is already advanced. We have many skyscrapers as a form of our country's progress. Our country can build planes, trains, warships, and so on. Soon we won't have to import much from other countries
@@adisaja5211 Indonesia diperjuangkan Dan diproklamasikan kemerdekaannya oleh orang2 Islam sehingga kamu dan kaummu sekarang bisa tidur nyenyak, minum alkohol banyak2 dan makan babi dengan enak di Indonesia. Kamu gak malu menghina Muslim Indonesia ?
Excellent information successful is not a casuality successful is a project step by step planning 😮 amazing history I hope that Colombia follow this path like Indonesia development 🇨🇴🙌🏽
As an Indonesian, yes I understand. We. Also see the potential, but I assure you, it will be a looooooooooooong time until we became superpower. Who knoss what might happened
the idea of this video is not about being superpower, but a big country that has good economy. and an economy of that size would bring along with it geopolitical heft, but not necessarily superpower in traditional sense
@@binsarpanjaitan9777 That makes sense, because I just don't see Indonesia being as powerful as those who sat in the security council. Not to mention we suffer quite a lot from corruption, nepotism, and recently incompetent government officials.
Indonesia should closely partner economically with the Philippines and vice versa. They are geographically close neighbors. Both will benefit each other as trade partners just like the U.S. and Canada.
Its good to have more balancing power. China+ Rusia Vs US+EU, there other rising power non alignment. India 🇮🇳+ 🇮🇩+ASEAN should united to make more peace for Asia.
@@Edgar_Ramirez471orang Malaysia emang tolol² .jangan di tiru!!!semoga tidurmu makin panjang dan nyenyak...kami tidak tutup mata...kami membuka mata untuk melihat keadaan saat ini...dan kami masih kalah total dengan negara anda haha...
From INDONESIA Indonesia is a big country with huge population, about 285 millions in 2024. Beside huge population, also has many talented, motivated and educated work force and human resources and rich of natural resourcess as well. Its make this country moving forward faster of compare with some neighboring countris. In near future, Indonesia will be a king and center of technology. Thanks for amazing video ❤❤❤
Indonesian here 👋 I just hope that my country will gets better from year to year. starting from policy makers at the central government and regional levels who can truly fix the problem of corruption, law enforcement, simplifying bureaucracy, improving the quality of education and providing more jobs, especially for young people.
As an Indonesian, I still think it is impossible for Indonesia to become a superpower. the reason is because the quality of education in our country is still low, it is difficult to build infrastructure because of our country's geographical location, most of the land is separated by oceans or is called an archipelagic country, not to mention natural disasters such as volcanic eruptions, earthquakes, tsunamis and floods, and one more is the mentality of corruption in our government. It is still ingrained, especially from the central government or ministerial institutions to the police, all of which still carry out corruption.😢😢😢
How are the future concerns of global warming? Like India and Bangladesh will be severely affected by it in future and may cause massive burden on the economy. Will there be any large populations which might have to migrate due to rise in sea levels?
@@vst1610I didn't expect what you mentioned, but this is also a threat to my country, especially since my country's coastline is very long so that the potential for sea water to rise in coastal lowlands or small islands in my country will also be threatened with drowning.
Masalah seperti itu lumrah di negara berkembang Sejak 10 tahun terakhir infrastruktur Indonesia itu sangat meningkat signifikan Untuk maju tidak bisa semudah membalikkan tangan
Why not both, we don't want to focus on one aspect. We have natural resources and human resources, the government needs to encourage sustainable development both of it.
Different then other😢 country which givened independence by their colonial power, Indonesia had to fight hard to get it's independence. I am an 82 years old Indonesian woman. I know that we as a nation had to start from zero. The Dutch never prepare us to be independence. They left nothing at all for us. We had to begin by learning and made a lot of mistakes how to run as a nation. We become strong by trial and error. So it is to be understood that it takes time for us to be able to stand on our own feet. I am optimistic that in no time we will overcome our shortcomings to become a great nation.
In politics, Indonesia will never side with the Chinese or US bloc, or the East and West, because Indonesia's political system is "free and active", as stated in the 1945 Constitution.
@@FlotationDevice101 true, he made the video because he started to notice Indonesia's growth, yet nothing to be proud of yet. I hope we really managed to become a global major power.
That last point is probably the most important one. Being everyone's non-enemy is not the same as being everyone's friend. They'll have to choose soon, and when they do, a lot of things will change.
"A friend to all is a friend to none" is the reason why everybody's been avoiding major economic alliance with Indonesia, its "neutral" policy turns out to be a cursed. Just like India.
@@momon4868 that's India ... not Indonesia for Indonesia "having thousand friends is too few, having 1 enemy is too many" unlike India that more likely joining the both sides - playing the two feet : one on China side, while another on US side Indonesia chooses not to join any of the two sides but still maintains good relation with them
With inflation at its highest level in four decades, a recession is increasingly likely. People are looking for ways to build resilient portfolios that can withstand inflation and provide long-term stability. Joseph is looking for investors who want to make around $250,000 in this tough market. This highlights the importance of saving and investing wisely to ensure your income and financial success.
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I really hope this is true and that they succeed. Indonesian culture is great. The people there have suffered a lot. They deserve some prosperity and peace.
Fun fact , they actually not being Quiet ... Its just people been keep ignoring them . And they startled when the guy wearing new clothing like everyone : "wtf who are you!? Where you came from new guy ?" ... Indonesia : "bruf I've been standing there all along, yall just won't noticed" Indonesia: " yall been visiting my pool(bali) and not realizing that that pool(bali) are in my property, wtf fam" Its funny that europe throw tantrum when Indonesia doesn't want to sell cheap stuff anymore, when they europe been selling expensive stuff and nobody been complaining . So childish.
U know that moving capital and naming it capital kinda dose nothing companies and people kinda don't care where government is they can be 6 feet underneath
As an Indonesian, the new city would be a failure just like Brasilia. The Government should've focused on developing the existing Cities and Grant more equal development throughout the regions. But instead with the new Capital City, the Social gap is bigger than before.
@@caa4118 what do u mean failure? bruhh people always said please develop existing city blablabla, the truth is the local government have money but very corrupt and no one paid attention.. the news only focus to central government/jakarta
Every one notice the rise of China and India as an asian giant, Indonesia barely invisible for other, the weight make 🇮🇩 rise cant be ignored anymore. 👍
@@fiasco-08 Thailand is the only SEA country experiencing first world problems. I think that their growth has stopped now. The billions of dollars coming in from tourists does not go to the people.
@@oodo2908 not really , thai problem is their LGBT issue . what do you expect from country promote LGBT just like thai do . im not hating them (LGBT) but lets talk in logic . how can child born from LGBT people
Disini sedikit orang Indonesia yang komentar pakai Bahasa Indonesia, menyedihkan😓..aku harap Bahasa Indonesia lebih mendunia dengan perbanyak Komentar pakai BAHASA INDONESIA
Bagusan ga usah comment, dengarkan saja apa pandangan mereka. Ga usah lebay dan sok berbangga hati pakai comment2 tinggi segala. Banyak kali orang Indonesia nyampah di ulasan luar negeri.
@@dharmaphalable Jangankan orang Indonesia, orang dari negara yg dianggap maju aja juga sama suka nyampah komentar kalo negaranya di mention seperti Amerika, Perancis, Korsel, dsb. Emang udh sifat manusia seperti itu haus akan pujian dan pengakuan.
The problem with this analysis is that it ignores the fact that the industries that the Indonesian government has focused in is mostly capital-heavy & leaves not much room for labor absorption. This can be seen by the unemployment rate being 3.5% compared to only 1.5% with Vietnam. It also doesn't help that currently the Government isn't making foreign investment with its heavy lenience right now with home-grown products, imposing tariffs on foreign goods such as from China. This doesn't make the lives of the average Indonesian any better but does fill the fat pockets of the conglomerate families here, which is what the elites really want, especially with the programs like nickel smelting. We also have a major education problem here, where even middle-school children fail to do basic math's in many parts of the archipelago.
Yes it does make living standard suffer but we use tarrifs mainly to protect our industries... If we fail then lots of job would be lost and we'll have heavy reliance with China. This is what the EU and the US has done. Also developing countries out there such as Turkey, Brazil, and India.
You're also ignore the fact that most high income economy are focused on capital-heavy and tech heavy industries, which tend to have more value added compared to economy with high labor absorption. So despite it will indeed fill fat pockets of the conglomerate, it way better to invest capital this sector as well, compared to invest only to industry with high labor absorption.
So you prefer us to import cheap goods from China and left small local industries to die, also keep exporting raw nickel instead of building the smelters here? Sorry but I find your argument there need much more further explanation than the video itself.
"This doesn't make the lives of the average Indonesian any better but does fill the fat pockets of the conglomerate families her" clearly you didn't know why indonesia impose up to 200% to low value chinese products. it's precisely because many indonesian workers lost their jobs due to surplus of these products (which is extremely low price, even lower than its own material if it's taken in indonesia). this led to several factories that absorbed many workers to close (such as century old Bata factory in purwakarta). those low value products didn't help the live of average indonesians, it's just of tertiary needs (cheap clothes, cheap shoes, cheap ceramics, etc), so removing it from the market to help local producers won't cause live of average indonesians to worse.
@@binsarpanjaitan9777 exactly. Paying extra 10-20k for a shirt / shoes won't make much difference for the citizens, while having a job or not having a job do, for thousands of people. To talk about one of the urgent problem for our country currently is I think online gambling. It reached US$ 20 billion in 2023 & 80% of the people who did that are in low income category. Those money goes away to other countries without contributing to the local economy. I hope the government take a really serious action about this. I'd even say better legalize gambling if any other measure fails, although many people would disagree.
Honestly speaking, I don't get impressed when some poor country hits the headlines as being the fastest growing economy and such. This is because, most of this so called growth is just paper growth with little to no real improvement in an average person's average income and standard of living. Thanks to rapidly growing population, per capita income shows negligible growth. Despite reporting high gdp growth, several of these poor countries don't have any improvement in basic amenities and infrastructure, don't have any major reforms Implemented, can't stop brain drain, sees worsening social order, sees increasing corruption, sees increasing income inequality, poor social security and don't have any plans for sustaining the high growth. Average incomes of the people may increase, but the costs increase faster resulting in negligible improvement in purchasing power or savings. Increase in unexpected costs and weakening currency add further fuel to the fire. There is no improvement in the quality and variety of products and services, education, healthcare and human capital development either. A lot of these countries are destined to get stuck in the middle income trap and face resource shortages and climate change effects as well. Some of them are doomed to face some economic crisis as well. Hence, before getting overhyped about a poor country being the world's fastest growing economy, dig deeper and find out whether these underlying issues are getting solved or not. Mere GDP growth does not make a country developed. It involves solving the underlying problems mentioned above as well. These overly long term economic forcasts by corporates and economic think tanks are ridiculous as well. For an example, people who lived in the US in the 50s or the UAE in the 80s and 90s know what real growth and development is. This real development is not experienced by people who live in these so called fast growing economies.
@@AddictedGamer-tt6xn Indeed. That's the main object of the union govt, for now. To increase the prosperity of the people, but it needs humongous reforms.
Mehh, not true at all. The changes of living standard in Asian countries are real though. I lived through 80s, 90s, 00s to todays Indonesia. The changes are real and impact everyone. There is bunch of statistics to prove just that, access to electricity, access to education, access to healthcare... all of which are significantly better than the 90s. Per capita income of course it is rapidly rising as well. Bear in mind, the starting point of these Asian countries were so low only in hundreds of USD, now it is in thousands. There is no way, the growths and rapid changes went undetected by local peasants. Of course we dont hope it to grow so rapid thus it would be in the order of ten of thousands, because if it happends... mostly it can be due to massive inflation and severe inequalities. Manageable growth is preferred across Asia. But to say the changes were unnoticed to most population ... it is simply false statement.😅
Indonesia seems destined to eventually have one of the world's biggest economies though the fact that Jakarta is sinking fast is a serious problem. Abandoning Jakarta and moving its entire population to other places wouldn't be cheap. I wonder what would happen to all those skyscrapers and other tall buildings if the city did eventually need to be abandoned. Would they just be left to make up a ghost city until mother nature eventually destroyed them?
Negara kami INDONESIA masih banyak lagi yang harus di benahi untuk menjadi negara maju, seperti pendidikan, kesehatan, insfratruktur, Pelabuhan, bandara,dll,juga korupsi yang masih menghantui perjalanan bangsa ini.semoga kedepannya para koruptor dapat di hukum mati.hanya menunggu presiden yang tegas demi kemajuan,dan kemakmuran rakyat INDONESIA 🇮🇩❤️🙏
yes but still relatively poor (gdp/capita $5000). it'd be a great country if one day they reach high-income status (gdp/capita $14000+) like russia a few weeks ago.
@@binsarpanjaitan9777 relatively the same with India and Brazil which are also G20 members, facing similar problems, and have similar number of population When talking about GDP per capita, you have to look at the country's GDP and number of population ... can't compare Indonesia to Rusia which population is still lower than the three countries (Brazil, India, Indonesia)
As the closest ethno-cultural brothers, Indonesia and Malaysia must work even closer together for mutual strength and benefit. Love from Kuala Lumpur by a part Javanese-origin Malaysian.❤
I'm Indonesia. Offcourse i'm happy with the development of my country. BUT I hope this development also included with the growth of indonesian micro, small and medium enterpreneur. That because this economic sector are the one that reviving indonesian economy after 1998 economic colapse, and this sector also the one who's responsible in giving indonesian economy high resiatance against world economic crisis. If indonesian goverent abandoning this economic sector and only focusing on heavy industries, there will be no different with indonesian economy before 1998 crash. Because at the time, indonesian economy going colapse because indonesia depend on heavy industries and expensive foreign investment. When crisis happend, all the foreign investment money flying away, colapsing the country
In 1998, among Asian countries experienced a 1997/1998 financial crisis, Indonesia was the hardest hit, and i would say it was one of the worst situations that Indonesia has experienced since its independence. So that we are still exist is a miracle, even some economist predict we'll become top 10 economy by 2040 or 2050. I hope the geopolitics situation that happening right now is get better soon
@@carkawalakhatulistiwa u know that birth rate is not equal to good economical performance for Indonesia its worst shit lode of island is really bad for equal spread of wealth
we can't know for sure but brazil has been around for a long time and stagnated while Indonesia got a lot richer recently. brazil used to be seen as way richer than Indonesia but now Indonesia is on par or better than them. Nigeria has also been getting better but its unstable .
The Philippines is following us because they send nickel to Indonesia for batteries, and Jokowi goes to the Philippines because the Philippines are good friends. So, the Philippines ask for technology from Indonesia. Therefore, the Philippines is having issues with China decreasing, as there are 100,000 workers in Sulawesi with decent salaries. If possible, our education should be strengthened.
Congratulations Indonesian🎉. As an Indian . Its a truly deserving nation to be super powerful. Keep growing 👍.
Thank you, but stay in india
Damn bro's saying without any second thought and simplicity but got redicule by Indonesian 🤣 poor indian
@@hassanj1861😂😂😂😂
u know Indonesians call Indians with insulting words like pridavan...
eh.. thank you brother
Jai Hind
One thing good for Indonesia is that it still has a relatively low debt level
Thats because Indonesia had totally bad experience from austerity due to high debt to GDP ratio back in late 90s to early 2000s. Even by that time, it peaked "only" at 72.5%... it is not extraordinary figure to today's standard.
But thanks to massive austerity, severe budget management discipline, and booming commodity prices, it was succesfully managed to go down to 20% to 30% in decades of 2000.
Indonesia has law that limit government spending deficit. Since 1997, only one attempt of loosening the limit was approved by the legislative... and that was due to covid. And even during covid it was only hovering around 40-ish percent.
I spent my highschool years during this austerity period, the news of crumbling infrastructure, weak police department and military, and incapability of public service were everyday news.. because the budget was massively cut, yet the govenrnment was so stubborn to keep fuel subsidy.😅
40%/gdp is not good
@@carkawalakhatulistiwaits pretty good compared to even a lot of developed economies
@@carkawalakhatulistiwa40% / GDP is 3rd lowest in ASEAN, or 7th biggest, out of 10 countries. However you put it, it is actually impressive considering Indonesia is by far the biggest country in the region.
Ampo💩🇲🇨eater
I visited Indonesia in 2022. It was a wonderful experience. The love and respect they showed for American tourists is very appreciative.
Hi, we like Americans cuz our population are diverse. Some hate religious extremist and see america'd secularism or turkey's muslim majority secularism as the cozy target. SADLY due to democracy partly religious extremist are doing all they can to make Indonesia a syariah law aincent extremist. With democracy they try to win votes and there are talks on making a second Indonesian province to use syariah law with rise of intolerance in northern Sumatra. As an Indonesian and secular lover I HATE THAT. Wished my government is secular and more authoritative to prevent extremist
🙏 we respected USA citizen but no USA Government. Tell to your government to stop military aid for Israel. US government try to be baddass for weaker country
radicalism is increasing in indonesia. they hate america not american money.
But not your occupied govt 😂
@@TheAnonymousKnightOfJustice we would be happy if you move out of Indonesia
Good job Indonesia. Love from the Philippines 🥰
🇵🇭🇹🇭🇻🇳🇲🇾🇧🇷>>>>>>>>>🇲🇨🦇
@@Edgar_Ramirez471wtf with this bat💀
@@hafizilmi7255 🇲🇨bat eater
@@hafizilmi7255 wrong flag even
@@hafizilmi7255 bat eater🇲🇨
Love Indonesia from Iran sistan Balochistan
Shoukran...
Thanks
Congrats Indonesia.. Asia's next superpower
Support from the Philippines 🇵🇭🇵🇭🇵🇭
indonesians are related to papuans not Filipinos
@@Edgar_Ramirez471 did I say Indonesians are related to Filipinos? I just congratulated them on their economic success. Chill down. Kumalma ka
@@Edgar_Ramirez471 Indonesians are related to all its neighbours ... don't be bitter, that doesn't make you any smarter
@@Edgar_Ramirez471Yes, Indonesians are related to Filipinos too. Same for Malaysians, Brunei-ians(?), and a certain ethnic group in Madagascar (Maalgasy).
We are ASEAN FAMILY❤
Sesungguhnya yang bisa membuat Indonesia maju adalah mentalitas rakyatnya sendiri. Hilangkan budaya korupsi, jaga kebersihan supaya turis datang, jangan mudah terhasut oleh isu SARA. Jangan hanya mengandalkan pemerintah, mulailah berubah dari diri sendiri dulu.
Anda salah ,dr atas dulu br ke bawah pemimpin baik bebas korupsi .
@@kahpikahpi1476 pemimpin jg asalnya dr rakyat. Yg namanya perubahan ya hrs di mulai dr diri sendiri dlu, jgn nunggu org lain.
anda benar kawan
@@kahpikahpi1476 sdm rendah anda ini. siapa yg korupsi? orang dari mana mereka? dari daerah mana mereka? semua dari rakyat yg lupa diri setelah punya jabatan. jangan salahkan pemerintah.
Setuju dengan Agung
It's nice to see the rise of such an interesting nation and this is definetly undereported in the media. I hope Indonesia can continue to advance. I will be cheering on 🇮🇩 from here in 🇧🇷
Except, that every nation need its own cow-milking tax generator to fund its unfortunate population.
Yeah true commodity export and large industries are massively benefit miniscule of people...
BUT, the working government supposed to ensure that taxation would distribute the wealth to its unfortunate population.
The country will have money to finance its education, helthcare, civil service, and public infrastructure.
Thats why working democracy is important here, because if government failed to do so, they would have been voted out😂. And in Indonesia case, there is no government since reform era in 1998 with low approval rating (despite corruption and stuffs)😂.
All of leaving government has approval rating in 70-80-ish percent.😅. Thus it is safe to say, the people perceived that the government manage wealth distribution rather well. And also, in Indonesia... incumbent mostly always win during the election be it in local level or national level.😂
🇵🇭🇹🇭🇻🇳🇲🇾🇧🇷>>>>>>>>>🇲🇨🦍
Oh yes, disputes other than religion in the Middle East often also occur at certain ethnic levels in Indonesia which you mentioned in the video which I noticed most often occurs in areas with a high level of diversity such as on the island of Java, especially in East Java, Banten and other islands in There have also been a lot of Indonesians in Sulawesi recently, as well as the surrounding areas. Get ready. Indonesia in 2045 will be like the Middle East which is dry and there will be wars, killings and so on, as well as suicide bombings using cars and the like in Indonesia. but the thesis is that many examples of young Indonesians who are around 60% of the Z generation (aged 14-21 years) and the millennial generation (aged 22-29 years) have emerged who are identified as puritan & ultraconservative, linking this to the influence of the Wahhabi Hijrah movement.
@@UC5kym7PU5p4gqtCGShcXhFAReligious extremist Hate Speech to Indonesia 😂
@@ilhamrj2599religious extremist WANTS TO TAKE INDONESIA USING DEMOCRACY 🤣 RELIGIOUS EXTREMIST OUT! SECULARISM WIN!
I'm Malaysian, and I envy how well Indonesia is doing.
Because you have a Han Chinese population who don't really care about your nation..
trust me i'm indonesian and i envy your country so much!! love malaysia! 💞
Brother its the exact opposite here
Malaysia is much more developed and Kuala Lampur is one of the best cities in the world to live and do business.
Malaysia is almost as developed as China.
@@himanshusingh5214 Lol. Malaysia > China
🙏 🇮🇩 🙏 🇮🇩 🙏 🇮🇩 🙏 🇮🇩 🙏 🇮🇩 🙏 🇮🇩 🙏 🇮🇩 🙏 🇮🇩 🙏 🇮🇩 ... Best wishes to Indonesia... respect from Thailand...
🙏🙏🙏
Thank you❤❤❤
Thanks
Best wishes for Thailand too, Indonesian Love Thailand for sure
Thanks
Indonesia🇮🇩 and India 🇮🇳 share brotherly civilizational relationship. Indians love Indonesian growth and wish them all the very best for their growth story
Suddenly they become brother, when they heard indon becoming super power, what a brother?.
@@CoemsMaster-iy4znare you a Pakistani or Bangladeshi ?
Big love from Sri Lanka 🇱🇰 ❤🎉
Many Indonesian must unite, because the country has everything! great potential that other countries don't have
Won't happen to the Han Chinese in Indonesia either become Muslims and ditch Han Chinese traditions or get kicked out 🦶
we are really potential country, but our biggest enemies is not from outside, but from inside. mentality, government, people, the rest are more than enough, even better than other countries
india superpower 2047 🇮🇳
Kind of like Brazil. Amazing potential crippled by the government.
@@SathyaswamySdid we ask about india?
@@nandafansury7103as another Indian, i apologise for that unnecessary comment on behalf of that person
@@SathyaswamyS Kya yaar, har jagah shuru ho jte ho.
May Allah bless our Indonesian Brothers. Love from Bangladesh 🇧🇩.
Thank you so much ❤❤
Alhamdulillah.. Aamiin begitu pun negara anda..
bangladesh and indonesia are frm the same ancestors of prindafan. 🇮🇩❤️🇮🇳🇧🇩
Brotherhood should be base on spiritual point off view. Unless the genuinely knowledge is realized, human will Envious each other. People Fighting base on material point of view such as religion, ehnic, nation, will going on.
I am Indonesian, work in Japan. Growth is on our side. However, the rampant corruption and gap between the poor and rich still nullify Indonesian potential.
Koruptor itu manusia Indonesia juga dari keluarga kecil.. Kabar terburuk nya MAHASISWA DAN DPR SAMA-SAMA TOLAK SAH KAN UU PERAMPASAN ASET KORUPTOR
Hampir semua negara punya Koruptor. Lihat saja keluhan orang asing terhadap negara nya.
The 160 JPY to USD must be really hurting. Japanese money was fantastic for SE Asians until recently. These days a lot of SE Asians can make the same money within their native country.
corruption and gap between the poor and rich is everywhere on earth. Indonesia is doing really good, be happy!
Some countries steal the eggs others kill the chicken @@dwigunarto2091
Indonesia akan terus membaik dan membaik lagi, berkembang dan terus berkembang lagi. Itu semua tergantung dari para pemimpin di negara ini, Indonesia punya potensi yang besar .
Setuju,Salam dari Malaysia.Cuma diharapkan kerajaan Indonesia dapat menyamaratakan pembangunan di luar jawa,Sumatera,Bali dan Kalimantan.InsyaAllah potensi sebenar Indonesia dapat diterokai.Salam Hormat dari malaysia
@@ibnurismail5964Alhamdulilah pembangunan di era Pak Jokowi merata kak, cuma yang ribut biasanya orang ibukota ka.
Maybe the world has forgotten, Indonesia has gone through all the problems that have occurred in this part of the world.
war from colonialism, tsunami and earthquake disasters, poverty, corruption, coup, reform, embargo, economic crisis, civil war, religious war etc.
The funny thing is, Indonesia is still surviving and heading towards becoming the strongest country even though it is progressing slowly but surely.
Some people said that we are slow with the technology but i think its a blessing in disguised. Without proper mindset, having advanced technology is like getting cursed.
Oh, don't forget the new "monster". Covid-19. That one alone can decimated our people too.
Indonesia had a lot of potential, but the same can be said for India and Vietnam.
Until it can get their corruption under control, they will be stuck in the middle income trap
Agreed 👍🏼
Love Indonesia from India
Muslim country hai
@@cricketarena4926muslim but not yet fundamentalist, plus proudly pluralistic for now.
They're also aware of their Hindu and Buddhist past and unlike other Muslim countries aren't ashamed of their past or hide it away.
Their airline is named after the mythological bird from the Hindu scriptures, Garuda.
Indonesia is what Pakistan should have been like.
Proudly Muslim but also proud of its Hindu and Buddhist past.
But only time will tell if Indonesia can keep it's current pluralistic Islam going or it too falls for the fundamentalist nonsense imported from Saudi Arabia
Muslim country?@@cricketarena4926
@@savioblanc As an Indonesian, we think that India Hindu fundamentalist are the one who are nonsense here.. different from Hindu in Bali..
@@JackRoopersOK Jackie bhai
Congratulations and best wishes to Indonesia.
Meal @ US$ 1.
Accomodation US$ 100 per month.
Cellular Internet Service US$ 10 monthly.
Welcome to Indonesia.
Wonderful Indonesia.
POPULATION IS POWER.. GOD BLESS INDONESIA ❤
Ngentod rame2😂
Yup ... it's not easy indeed to be a neutral (non-alignment) country, especially when rivalries betwen US + the Westerns vs China + Russia gets intensed
But, there's always two sides of coin to play with, and Indonesia has to be really smart in playing its geo-politic policy.
One strategic policy that Indonesia 'plays' is "push and pull" strategy - one side, the country 'pulls in' China to invest infratructures and industries in Indonesia, which automatically 'push away' the Western or USA investors, especially related to Indonesia's new policy of raw resources ...
but on the other side, Indonesia also shares wider relationship with the Western and USA in security and defense industries, which also pushes China away related to sea territorial's disputes between China and Indonesia
Second strategy of Indonesia is unifying the ASEAN countries (11 SeAsian countries, including Indonesia).
Basically, as the largest country in ASEAN, Indonesia has 'played' its dominance by unifying ASEAN with collective agreement to keep the region stable and peace
in ASEAN Summits 2022, all member countries have agreed to not let the region as a field of war, instead will focus more on economic development and politic stability.
Indonesia has made very clear statement to ASEAN that Indonesia refuses any country in ASEAN to be a proxy of one of the rivals.
Thus has also been understood by non-ASEAN neighbourhood countries such Australia, PNG, China, India, Japan and (both) Korea that ASEAN in general avoid any idea of war (military forces) in their region
Vietnam as well has also played its "bamboo" strategy in geo-politic, which literally means "flexible" strategy ... and I think all ASEAN countries do the same way
Singapore or the Philippines for example, eventhough their relations are closer to the Western and USA ... they know that they still have to keep the region safe, stable and peace - and this goes the same to Malaysia and Thailand for example who likely being closer to China by joining BRICS
so far ... Indonesia always keeps its non-alignment position between the two rivals, but also has made pretty 'strong' statement for both to not creating unstability in the region ...
Well, hopefully this works and will continue
In fact, choosing non-alignment is not only liked by Indonesia, but most other Southeast Asian brothers also like it.
We like competition, not hostility.
We like rivalry, not war.
We may like to tease, but we don't hate each other.
We just don't want to be drawn into the hostility between Washington and Beijing. Making Southeast Asia into a battleground between 2 giants, is the worst thing that we really want to avoid.
Nickel is the future, but in the past decades, Indonesia economy depends on palm oil, this commodity save Indonesia from bankruptcy
Regarding resources, what is overlooked is, after the ban of Australian coal to China, guess who exports the most to them? Indonesia. The ban has since been lifted but Australian coal exports to China still are not close to the same amounts as before.
And? That mean shit all, China economy is collapsing Australia found other market to sell coals.
Saya adalah masyarakat biasa di Indonesia dan saya sangat bangga dengan kemajuan ekonomi ini di tahun ini.
Hi Indonesian, it will be only prediction if we didnt take any action. Lets build our country and strengthen our mentality and integrity!
I am so proud to hear Indonesia become a superpower country,thanks
79 year Fredom from 🇳🇱
Happy independence for our country!🇮🇩
Rise of indonesia, Rise of nusantara!🦅🇮🇩
*from Japan
Thank you for made n share this video about indonesia economic n geo politic
To say I'm proud of my country will be an understatement. You see, when my mom was in elementary years her family was the only one who got access to television. Back then people from the entire neighborhood will gather at somebody house just to watch tv because not all people got access to tv. Back then, owning a car was just for the elite even if it was just an economical corolla still part of the elite and many people still uses andong (horse carriage), and becak (bicycle taxi). Back then we were one of the poorest country in the entire globe. But now, 50+ years from that time we are a thriving country with excellent economy, universal healthcare, subsidized and even free education with 90+% literacy rate, a wide internet coverage and the hub for digital economy. Now things that were luxury back in the past are a normal and already essential component of the average indonesian households such as cars, tv, smartphones, etc. We even just a step behind to become a member of oecd. So yeah, regardless of anything i can say I'm damn proud of my nation and my people because we can achieve something that are unimaginable and we are poised to be even greater than we are today.
In I998 when Indonesia went bankrupt My late husband and I went there to help. The country got money saved and doing alright thanks to us who worked there on and off for 3 years to rebuild the financial institution sector. Bali too we revived, reconstructed, fixed banks. In my coming memoir tell the story. We helped poor countries in the 90s to 2005. The book will release end of the year. Read the book then you will get your answer.
Sokhom Prins, author, historian, world activist, chef, research analyst, humanitarian
Late husband Dr of Law, renowned international financial consultant, banking and author. His book which he wrote in 74 ( rare, educational book ). He is Dutch, South African
My father is 4 star general, national hero of Cambodia, playwright, professor, freedom fighter, architecture, financier. Both side of our ancestors are revolutionary, patriotic from the Khmer Empire time.
Its not bankcrupt actually but misleading in terms of monetary n fiscal issue , and h 12:00 it by due date of forex debt crisis in the same time hit by speculant forex hit the Indonedia Rupiah, all impact to trigger economic crisis , then socio political crisis as a derivative but truly very significant create a chaos.
@@SabdoBagusIngAti No amount of spin you can put on, the fact remain full stop. And my coming book has all the proof and evidence, witnesses. We had helped Malaysia, Indonesia ect too. We the one who fixed, revived, reconstructed bankruptcy banks in the 90s to mid 2000 also we found new banks in Cambodia, East Timor ect. There’s a whole book about the financial world, cooperates, business world, governments and beyond.
@@SokhomPrins very nice, what is your job when you are help to fix the crisis ?
@@SabdoBagusIngAti Read my book then you will know.
@@SokhomPrins whats the tittle of the book ?
I am investing in Indonesia. This country is now very similar to South Korea in 1970 and China in 1990. In the next 30 years, countless new cities will spring up, and heavy industry and electronics industry will be born.
Komentar yang sangat lucu ,sepertinya anda belum keliling indonesia di semua provinsi … kemajuan indonesia sudah sangat luarbiasa … anda berkunjung indonesia ditempat desa …. 😂😂😂
@@rizalsultan_9365 ditingkatin lagi bang kemampuan bahasa inggrisnya 😅
You are wrong about Indonesia. You missed seeing Indonesia. Indonesia is already advanced. We have many skyscrapers as a form of our country's progress. Our country can build planes, trains, warships, and so on. Soon we won't have to import much from other countries
@@SUHARTONOSKomMKomUNM我印象里军舰跟飞机在印尼是进口的吧？没太多关注这块，这几年印尼经济的确发展不错，我妻子是印尼人，往返印尼10多年了，现在政府比以前清廉，路上要钱的老人也几乎没有，说点冒犯的，要说发达还谈不上吧，因为我没有宗教信仰，觉得印尼人在这方面占用不少精力，也没有比较突出的科技公司去赚取外汇，这是我个人观点😂
Step by step Indonesia is getting better and better. Ojo kesusu...
As indonesian, life still hard for most of us, but it feels different from my childhood. I hope it getting better in the future inshaallah
Istlamp bisa apa selain disuapin, mengeluh?😂. Negara ini susah maju karena istlamp dan korupsinya (pemimpin Istlamp)
@@adisaja5211 Indonesia diperjuangkan Dan diproklamasikan kemerdekaannya oleh orang2 Islam sehingga kamu dan kaummu sekarang bisa tidur nyenyak, minum alkohol banyak2 dan makan babi dengan enak di Indonesia.
Kamu gak malu menghina Muslim Indonesia ?
klo ngeluh pake BHS indo aja biar dilihat pemerintah orang bule cuma bisa bully😂
@@xdir1569 yg satu menyalahkan islam yg satu mempermasalahkan bahasa, rakyatnyalah yg bermasalah, madesu
Congratulations Indonesia🎉. Just because the West needs Indonesia and started paying attention to it now that doesn't mean its quietly growing 👍.
Excellent information successful is not a casuality successful is a project step by step planning 😮 amazing history I hope that Colombia follow this path like Indonesia development 🇨🇴🙌🏽
They are 2 trillion dollar economy which has bullet trains, metro city’s big skilled population and Jakarta ❤🎉
Wow , well done !!
watching this from my hotel in Bali. I love Indonesia and can see so much potential for growth, and happy to see it's doing so.
As an Indonesian, yes I understand. We. Also see the potential, but I assure you, it will be a looooooooooooong time until we became superpower. Who knoss what might happened
@@Edgar_Ramirez471 ahh masa sih, yang benar ?...... 😂😂😂
the idea of this video is not about being superpower, but a big country that has good economy. and an economy of that size would bring along with it geopolitical heft, but not necessarily superpower in traditional sense
@@binsarpanjaitan9777 That makes sense, because I just don't see Indonesia being as powerful as those who sat in the security council. Not to mention we suffer quite a lot from corruption, nepotism, and recently incompetent government officials.
@@Edgar_Ramirez471that's china
@@hafizilmi7255 indonesian eat more🦇🦗🦂than chinese
Indonesia should closely partner economically with the Philippines and vice versa. They are geographically close neighbors. Both will benefit each other as trade partners just like the U.S. and Canada.
It's funnier because even Indonesians don't seem to believe this.
After the nepotism that happen in Presidential Election, the people's become more pessimistic.
Ya because we look singapore, indonesia is 2x percapita of south asia n india but is not enoung for us
indonesian were busy mock their goverment
Its good to have more balancing power. China+ Rusia Vs US+EU, there other rising power non alignment. India 🇮🇳+ 🇮🇩+ASEAN should united to make more peace for Asia.
Great video friend. I predict an indonesia-like rise for your channel.
Long way to go,our technology and science still left behind
Habibie Ainun
🇵🇭: big bro, i need you 🥺👉👈
Philippines🇵🇭brothers are Mexico, Spain, America, etc not unknown indonesia lol
Mahalkita bro
@@Edgar_Ramirez471orang Malaysia emang tolol² .jangan di tiru!!!semoga tidurmu makin panjang dan nyenyak...kami tidak tutup mata...kami membuka mata untuk melihat keadaan saat ini...dan kami masih kalah total dengan negara anda haha...
I don't care 😅@@Edgar_Ramirez471
@@Edgar_Ramirez471Brothers❔Uh, you mean INVADERS, right ❔🤭
🇮🇩 = big bro + friend + neighbor
🇪🇸🇺🇸 = invaders
An Indonesian here 🇮🇩
I think, we can remain neutral like the Swiss did during WW2.
as indonesian, there is still lot corruption and nepotism in every aspect
Having a big Han Chinese population who run many companies as conglomerates doesn't help Indonesia long-term..
Totally agree with this opinion. Quietly Becoming Asia's Next Superpower. this is it Indonesia
❤ congratulations from Philippines
From INDONESIA
Indonesia is a big country with huge population, about 285 millions in 2024.
Beside huge population, also has many talented, motivated and educated work force and human resources and rich of natural resourcess as well. Its make this country moving forward faster of compare with some neighboring countris.
In near future, Indonesia will be a king and center of technology.
Thanks for amazing video
❤❤❤
Indonesian here 👋 I just hope that my country will gets better from year to year. starting from policy makers at the central government and regional levels who can truly fix the problem of corruption, law enforcement, simplifying bureaucracy, improving the quality of education and providing more jobs, especially for young people.
Bravo Indonesia.
As an Indonesian, I still think it is impossible for Indonesia to become a superpower. the reason is because the quality of education in our country is still low, it is difficult to build infrastructure because of our country's geographical location, most of the land is separated by oceans or is called an archipelagic country, not to mention natural disasters such as volcanic eruptions, earthquakes, tsunamis and floods, and one more is the mentality of corruption in our government. It is still ingrained, especially from the central government or ministerial institutions to the police, all of which still carry out corruption.😢😢😢
How are the future concerns of global warming? Like India and Bangladesh will be severely affected by it in future and may cause massive burden on the economy.
Will there be any large populations which might have to migrate due to rise in sea levels?
@@vst1610I didn't expect what you mentioned, but this is also a threat to my country, especially since my country's coastline is very long so that the potential for sea water to rise in coastal lowlands or small islands in my country will also be threatened with drowning.
@@nandafansury7103 Yeah, rising sea levels are really concerning for coastal populations and especially the developing world.
Masalah seperti itu lumrah di negara berkembang
Sejak 10 tahun terakhir infrastruktur Indonesia itu sangat meningkat signifikan
Untuk maju tidak bisa semudah membalikkan tangan
If you believe you can’t do it.. you already lost.
One of the best analysis from a foreign perspective and surprisingly very accurate 👍
Indonesia can be a tourism powerhouse rather than manufacturing
why can do both? indonesia has bunch of island
Both i think Indonesia can do but you right in tourism we have bright future.
Why not both, we don't want to focus on one aspect. We have natural resources and human resources, the government needs to encourage sustainable development both of it.
No its thailand ❤..and its only bali not indonesia😂
"Tourism" is not good. it makes your country messy and dirty.
RISE OF INDONESIA = RISE OF ASIA, TOGETHER WE STAND, DIVIDED WE FALL. REGARDS FROM JAKARTA. - Ran - ^^
Different then other😢 country which givened independence by their colonial power, Indonesia had to fight hard to get it's independence. I am an 82 years old Indonesian woman. I know that we as a nation had to start from zero. The Dutch never prepare us to be independence. They left nothing at all for us. We had to begin by learning and made a lot of mistakes how to run as a nation. We become strong by trial and error. So it is to be understood that it takes time for us to be able to stand on our own feet. I am optimistic that in no time we will overcome our shortcomings to become a great nation.
great analysis
a bit of revision, Indonesia gained its independence in 1945, NOT 1949!
In politics, Indonesia will never side with the Chinese or US bloc, or the East and West, because Indonesia's political system is "free and active", as stated in the 1945 Constitution.
I'm starting to think that youtuber make this video because Indonesia massive population. Therefore views. Not because the economic rise.
Yeah, but his points are true about the economic rise. We should be careful at maintaining this economic growth.
If that is true, then he would have made a video about Indonesia since years ago.
@@FlotationDevice101 true, he made the video because he started to notice Indonesia's growth, yet nothing to be proud of yet. I hope we really managed to become a global major power.
Well done.
That last point is probably the most important one. Being everyone's non-enemy is not the same as being everyone's friend. They'll have to choose soon, and when they do, a lot of things will change.
"A friend to all is a friend to none" is the reason why everybody's been avoiding major economic alliance with Indonesia, its "neutral" policy turns out to be a cursed. Just like India.
@@momon4868 that's India ... not Indonesia
for Indonesia "having thousand friends is too few, having 1 enemy is too many"
unlike India that more likely joining the both sides - playing the two feet : one on China side, while another on US side
Indonesia chooses not to join any of the two sides but still maintains good relation with them
Malaysian here. I do hope Indonesia become a superpower, so we can have someone to rely on
Indonesia the best
I love your videos love this one. Pls make one for PNG🇵🇬🙏🙏🙏🙏🙏🙏🙏
With inflation at its highest level in four decades, a recession is increasingly likely. People are looking for ways to build resilient portfolios that can withstand inflation and provide long-term stability. Joseph is looking for investors who want to make around $250,000 in this tough market. This highlights the importance of saving and investing wisely to ensure your income and financial success.
There are many investment advisors out there, but finding someone you trust to help you seems like a big problem. That's why I work with Joseph Sloan and so far it's worth it. Joseph doesn't hesitate and unlike most financial advisors, he doesn't take advantage of people but makes sure to serve them to the best of his ability.
JosephSloan00
on twitter which is now officially called X
Do you also do business with Joseph? He is truly amazing and his reputation and experience have had a significant impact. It is unfortunate that you only found out about him through the comments. Joseph is my mentor and has been instrumental in the success of my business.
Bruh in 2024 Indonesia experience deflation not inflation
*#INDONESIA** 🇮🇩*
GARUDA INDONESIA NUSANTARA ARE THE NEW SUPER POWER COUNTRY
I really hope this is true and that they succeed. Indonesian culture is great. The people there have suffered a lot. They deserve some prosperity and peace.
Thank you belt and Road. Infrastructure is the key.
Fun fact , they actually not being Quiet ... Its just people been keep ignoring them . And they startled when the guy wearing new clothing like
everyone : "wtf who are you!? Where you came from new guy ?" ...
Indonesia : "bruf I've been standing there all along, yall just won't noticed"
Indonesia: " yall been visiting my pool(bali) and not realizing that that pool(bali) are in my property, wtf fam"
Its funny that europe throw tantrum when Indonesia doesn't want to sell cheap stuff anymore, when they europe been selling expensive stuff and nobody been complaining . So childish.
There's another factor in Indonesia there is a planned new city that will boost the country's economy outside of Jakarta.
Yes that place is on Borneo and its also the proposed new Capital city.
U know that moving capital and naming it capital kinda dose nothing companies and people kinda don't care where government is they can be 6 feet underneath
@@gintasasd
>RIP English
>Complete lack of understanding and just want to nyinyir at the government because it's so hip and cool
sdm rendah moment
As an Indonesian, the new city would be a failure just like Brasilia. The Government should've focused on developing the existing Cities and Grant more equal development throughout the regions. But instead with the new Capital City, the Social gap is bigger than before.
@@caa4118 what do u mean failure? bruhh people always said please develop existing city blablabla, the truth is the local government have money but very corrupt and no one paid attention.. the news only focus to central government/jakarta
Every one notice the rise of China and India as an asian giant, Indonesia barely invisible for other, the weight make 🇮🇩 rise cant be ignored anymore. 👍
Nope, many of us are sceptical on this country future
Compared to your northern sibling the Philippines, you guys in Indonesia have it much better than us bro! 😊
Ya I know you if not anak abah, anak banteng. Kesian
Very interesting 👍
Indonesia brith rate is 2.18 in 2023. Not collapse like east asia
that 2021 data, indonesia birth rate is decreasing too..
It's still good compare to east asia...
Not to big or to low...
I think in perfect birth rate right now...
But it keep decreasing...
@@noefvon
i will contribute to lower it less than 2.0 with childfree 😂
@@fiasco-08 Thailand is the only SEA country experiencing first world problems. I think that their growth has stopped now. The billions of dollars coming in from tourists does not go to the people.
@@oodo2908 not really , thai problem is their LGBT issue . what do you expect from country promote LGBT just like thai do . im not hating them (LGBT) but lets talk in logic . how can child born from LGBT people
I believe that as Indonesia grows, the neighboring countries will also develop. Mutual symbiosis.
Disini sedikit orang Indonesia yang komentar pakai Bahasa Indonesia, menyedihkan😓..aku harap Bahasa Indonesia lebih mendunia dengan perbanyak Komentar pakai BAHASA INDONESIA
betul, padahal orang Tiongkok, Brazil, Korea semuanya komen pake bahasanya sendiri.
Bagusan ga usah comment, dengarkan saja apa pandangan mereka. Ga usah lebay dan sok berbangga hati pakai comment2 tinggi segala. Banyak kali orang Indonesia nyampah di ulasan luar negeri.
@@dharmaphalable Jangankan orang Indonesia, orang dari negara yg dianggap maju aja juga sama suka nyampah komentar kalo negaranya di mention seperti Amerika, Perancis, Korsel, dsb. Emang udh sifat manusia seperti itu haus akan pujian dan pengakuan.
Nice video Thanks
The problem with this analysis is that it ignores the fact that the industries that the Indonesian government has focused in is mostly capital-heavy & leaves not much room for labor absorption. This can be seen by the unemployment rate being 3.5% compared to only 1.5% with Vietnam. It also doesn't help that currently the Government isn't making foreign investment with its heavy lenience right now with home-grown products, imposing tariffs on foreign goods such as from China. This doesn't make the lives of the average Indonesian any better but does fill the fat pockets of the conglomerate families here, which is what the elites really want, especially with the programs like nickel smelting. We also have a major education problem here, where even middle-school children fail to do basic math's in many parts of the archipelago.
Yes it does make living standard suffer but we use tarrifs mainly to protect our industries... If we fail then lots of job would be lost and we'll have heavy reliance with China. This is what the EU and the US has done. Also developing countries out there such as Turkey, Brazil, and India.
You're also ignore the fact that most high income economy are focused on capital-heavy and tech heavy industries, which tend to have more value added compared to economy with high labor absorption.
So despite it will indeed fill fat pockets of the conglomerate, it way better to invest capital this sector as well, compared to invest only to industry with high labor absorption.
So you prefer us to import cheap goods from China and left small local industries to die, also keep exporting raw nickel instead of building the smelters here? Sorry but I find your argument there need much more further explanation than the video itself.
"This doesn't make the lives of the average Indonesian any better but does fill the fat pockets of the conglomerate families her"
clearly you didn't know why indonesia impose up to 200% to low value chinese products. it's precisely because many indonesian workers lost their jobs due to surplus of these products (which is extremely low price, even lower than its own material if it's taken in indonesia). this led to several factories that absorbed many workers to close (such as century old Bata factory in purwakarta). those low value products didn't help the live of average indonesians, it's just of tertiary needs (cheap clothes, cheap shoes, cheap ceramics, etc), so removing it from the market to help local producers won't cause live of average indonesians to worse.
@@binsarpanjaitan9777 exactly. Paying extra 10-20k for a shirt / shoes won't make much difference for the citizens, while having a job or not having a job do, for thousands of people.
To talk about one of the urgent problem for our country currently is I think online gambling. It reached US$ 20 billion in 2023 & 80% of the people who did that are in low income category. Those money goes away to other countries without contributing to the local economy. I hope the government take a really serious action about this. I'd even say better legalize gambling if any other measure fails, although many people would disagree.
As an Indonesian, I can vouch that this video got the general picture correct.
Honestly speaking, I don't get impressed when some poor country hits the headlines as being the fastest growing economy and such.
This is because, most of this so called growth is just paper growth with little to no real improvement in an average person's average income and standard of living.
Thanks to rapidly growing population, per capita income shows negligible growth.
Despite reporting high gdp growth, several of these poor countries don't have any improvement in basic amenities and infrastructure, don't have any major reforms Implemented, can't stop brain drain, sees worsening social order, sees increasing corruption, sees increasing income inequality, poor social security and don't have any plans for sustaining the high growth.
Average incomes of the people may increase, but the costs increase faster resulting in negligible improvement in purchasing power or savings. Increase in unexpected costs and weakening currency add further fuel to the fire.
There is no improvement in the quality and variety of products and services, education, healthcare and human capital development either.
A lot of these countries are destined to get stuck in the middle income trap and face resource shortages and climate change effects as well. Some of them are doomed to face some economic crisis as well.
Hence, before getting overhyped about a poor country being the world's fastest growing economy, dig deeper and find out whether these underlying issues are getting solved or not. Mere GDP growth does not make a country developed. It involves solving the underlying problems mentioned above as well. These overly long term economic forcasts by corporates and economic think tanks are ridiculous as well.
For an example, people who lived in the US in the 50s or the UAE in the 80s and 90s know what real growth and development is. This real development is not experienced by people who live in these so called fast growing economies.
Same goes for India mate 😅
@@AddictedGamer-tt6xn Indeed. That's the main object of the union govt, for now. To increase the prosperity of the people, but it needs humongous reforms.
Especially when the country conflates government and religion.
@@AddictedGamer-tt6xn Applies to all 3rd world countries
Mehh, not true at all. The changes of living standard in Asian countries are real though.
I lived through 80s, 90s, 00s to todays Indonesia. The changes are real and impact everyone.
There is bunch of statistics to prove just that, access to electricity, access to education, access to healthcare... all of which are significantly better than the 90s.
Per capita income of course it is rapidly rising as well. Bear in mind, the starting point of these Asian countries were so low only in hundreds of USD, now it is in thousands. There is no way, the growths and rapid changes went undetected by local peasants.
Of course we dont hope it to grow so rapid thus it would be in the order of ten of thousands, because if it happends... mostly it can be due to massive inflation and severe inequalities. Manageable growth is preferred across Asia. But to say the changes were unnoticed to most population ... it is simply false statement.😅
Indonesia is quietly planning its villian arc
Indonesia seems destined to eventually have one of the world's biggest economies though the fact that Jakarta is sinking fast is a serious problem.
Abandoning Jakarta and moving its entire population to other places wouldn't be cheap.
I wonder what would happen to all those skyscrapers and other tall buildings if the city did eventually need to be abandoned.
Would they just be left to make up a ghost city until mother nature eventually destroyed them?
so you think Indonesian goverment abandoning Jakarta just becaus they move the capital to borneo ?
LOL bro.. pls use some common sense.
Our Telco ministry is the one holding us back from greatness
Negara kami INDONESIA masih banyak lagi yang harus di benahi untuk menjadi negara maju, seperti pendidikan, kesehatan, insfratruktur, Pelabuhan, bandara,dll,juga korupsi yang masih menghantui perjalanan bangsa ini.semoga kedepannya para koruptor dapat di hukum mati.hanya menunggu presiden yang tegas demi kemajuan,dan kemakmuran rakyat INDONESIA 🇮🇩❤️🙏
Great podcast ! - but please do something about the annoying background music
Indonesia is already quite big ..due to their population of 200+ million..and is a member of G20.. the only ASEAN country to be in the G20.
yes but still relatively poor (gdp/capita $5000). it'd be a great country if one day they reach high-income status (gdp/capita $14000+) like russia a few weeks ago.
@@binsarpanjaitan9777 relatively the same with India and Brazil which are also G20 members, facing similar problems, and have similar number of population
When talking about GDP per capita, you have to look at the country's GDP and number of population ... can't compare Indonesia to Rusia which population is still lower than the three countries (Brazil, India, Indonesia)
Overproud
As the closest ethno-cultural brothers, Indonesia and Malaysia must work even closer together for mutual strength and benefit. Love from Kuala Lumpur by a part Javanese-origin Malaysian.❤
Ayuhhh saudara serumpun ku !!!!!
Serumpun? 😂
@@muhamadfaizal2006ya, kita dan malaysia adalah nusantara
We are ASEAN family❤.
Please move on😅😅😅😅
My country ❤
I'm Indonesia. Offcourse i'm happy with the development of my country.
BUT
I hope this development also included with the growth of indonesian micro, small and medium enterpreneur. That because this economic sector are the one that reviving indonesian economy after 1998 economic colapse, and this sector also the one who's responsible in giving indonesian economy high resiatance against world economic crisis.
If indonesian goverent abandoning this economic sector and only focusing on heavy industries, there will be no different with indonesian economy before 1998 crash. Because at the time, indonesian economy going colapse because indonesia depend on heavy industries and expensive foreign investment. When crisis happend, all the foreign investment money flying away, colapsing the country
In 1998, among Asian countries experienced a 1997/1998 financial crisis, Indonesia was the hardest hit, and i would say it was one of the worst situations that Indonesia has experienced since its independence. So that we are still exist is a miracle, even some economist predict we'll become top 10 economy by 2040 or 2050. I hope the geopolitics situation that happening right now is get better soon
Why do i have a feeling its same as Brazil " new supper power" or like Nigerian
Brazil brith rate collapse to 1.72. no good for future
@@carkawalakhatulistiwa u know that birth rate is not equal to good economical performance for Indonesia its worst shit lode of island is really bad for equal spread of wealth
@@Edgar_Ramirez471 you spell china wrong
@@kaeltkottmir indo eat more🦇🦗🕷️🐜🦂than china
we can't know for sure but brazil has been around for a long time and stagnated while Indonesia got a lot richer recently. brazil used to be seen as way richer than Indonesia but now Indonesia is on par or better than them. Nigeria has also been getting better but its unstable .
The Philippines is following us because they send nickel to Indonesia for batteries, and Jokowi goes to the Philippines because the Philippines are good friends. So, the Philippines ask for technology from Indonesia. Therefore, the Philippines is having issues with China decreasing, as there are 100,000 workers in Sulawesi with decent salaries. If possible, our education should be strengthened.
🇵🇭🤝🇮🇩