Question
The Economist article Indonesia's economic growth is being held back by populism, highlights a number of features of Indonesia's economic growth potential (as of January,
The Economist article "Indonesia's economic growth is being held back by populism," highlights a number of features of Indonesia's economic growth potential (as of January, 2019). After reading the article, evaluate the quality of Indonesia's policy environment. Specifically, consider which aspects of Indonesia's policy and demographic setting are conducive to economic growth and which are inhibiting economic growth.
Begin with a brief summary of the requirements for economic growth that are explained in Modules 20 and 22. When you identify a policy or a demographic trait that affects economic growth, explain whygrowth is expected to respond in the way you claim.
. In particular, explain how Indonesia's trade policy and minimum wage laws are affecting Indonesia's growth rate.
Requirement:
- The student includes an adequate summary of the factors needed to foster economic growth.
- The role of Indonesia's youthful population is explained
- Indonesia's saving rate is accurately reported and its role in fostering economic growth is correctly explained.
- The condition of Indonesia's infrastructure is described and its impact on economic growth is correctly explained
- Indonesia's regulations surrounding foreign investment are characterized, and their impact on economic growth is accurately explained
- The quality of Indonesia's education system is accurately described, and its impact on economic growth is correctly explained
- The impact of Indonesia's trade policy on growth is correctly explained.
- The impact of Indonesia's minimum wage laws is accurately explained
link to article
https://www.economist.com/asia/2019/01/17/indonesias-economic-growth-is-being-held-back-by-populism
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