Thursday, May 23, 2024 | 16:03 WIB

OPINION

Who benefits from discriminatory and counterproductive monetary policies?

IO - The COVID-19 pandemic has forcibly opened people’s eyes to how weak the Indonesian economy basically is. Fiscal policy must be doped with two stimulants. First, the budget deficit was increased from 3...

A New Model of Development

IO - To be honest, the pandemic of Covid-19 should be exploited as momentum for this country to jump or even leap from harmful and even destructive old habits to new and more sustainable...

Literacy against “infodemic”: a search for solutions

IO - Amid the COVID-19 pandemic, we are all faced with another “virus”, the “infodemic”. This “information pandemic” occurs in the form of the publication of hoaxes that provoke the people to engage in...

Managing our expectations

IO - The worldwide race for developing a Covid-19 vaccine is now entering the final lap. Or at least we hope. After months of lockdowns, new surges after reopenings and grim economic news without...

Notes on A New Monetary Policy

 Policy Response to Covid-19 Pandemic  IO - One of the key policies instituted by the Government of Indonesia reported by President Joko Widodo in his state address to the People’s Consultative Assembly on August 14,...

Indonesia further enslaved by debt

IO - The 2020 Financial Memorandum address, which is generally given nearing the Independence Day celebrations on 17 August, revealed that the Government is setting aside IDR 373.3 trillion of its budget for repayment...

COVID and the ongoing Unemployment Crisis

IO - The COVID-19 pandemic has only persisted for seven to eight months. However, its impact is simply massive – much harsher than any of the previous recent crises, including the trade war crisis,...

Reorganizing national air transport governance

IO - Indonesia is a huge country located very strategically at the very center of the Earth (literally). Its extremely strategic location is due to its position between two oceans and two continents. Indonesia’s...

Nightmare and Illusion of National Economic Recovery

IO - Since the COVID-19 pandemic swept across Indonesia, the government has been stuttering. Authorities look amateurish. Officials’ strange and unkind comments open the eyes of the people. Incompetence is flaunted without embarrassment.  Perppu (Government...

There is no such a thing as a free lunch

IO - There has been much discussions about the surge of gold prices; bullion shot up as high as USD 2000 per ounce. In a recent op-ed in Kompas I conjectured that out of...

After Soeharto: Are We Better Off?

IO - As Indonesia enters its 75th national holiday of commemorating the proclamation of independence on 17 August 1945, for many people it is not only a time of celebration. It is also a...

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