Thursday, May 9, 2024 | 16:23 WIB

Indonesia’s 3 Presidential hopefuls Plan to Shape the Nation’s Future Exit from the Middle Income Trap

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Food & Health Ecosystem 

Economics in 2045: the event titled “Dialogue between Presidential Candidates and KADIN towards the Golden Indonesia Vision 2045”. When asked about the national economic system, presidential candidate Anies Baswedan stated that it is built on the notion of a free and fair market, and that it allows both larger private actors and the state to have a role in the regulation of investment practices. There is a steady addition of pharmaceutical raw material manufacturers via chain source methods, as well as enhancing the governance model. 

Anies Baswedan promotes the industrial ecosystem as getting ready to become not just a consumer market but also a production sector, as a result of the move toward foreign exchange substitution. It was impossible to staunch the progressive growth in the level of domestic component. It is possible for it to progressively reach 75% in the automobile industry. 

Invite more investors to Indonesia, while also recruiting entrepreneurs from inside the country. Worries over the regulatory environment and the business climate are the primary worries of multinational entities considering entering Indonesia. Both federal and provincial policies, as well as the draining effects of cities, fail to be in sync with one another. 

Specifically, the agro-maritime sector is going to be the one that will see greater development. Agricultural production and aquaculture are working together. Agriculture, planting, farming, fishing, and forestry are all conventional practices. The national potential for crude palm oil, coffee, rubber, cocoa, seafood, and other products is enormous. This industry has been successful in bringing about a large reduction in open unemployment. With a reduction of 1% in unemployment for every trillion dollars invested in the mining industry, the agro-maritime sector would have a reduction of 44% for every billion dollars invested. It is also anticipated that the creative and digital sectors would flourish. 

energy
(Source: KEMENPERIN.GO.ID)

The idea of the presidential candidate Prabowo Subianto summarizes the concept of the Strategy for the Transformation of the Nation, based on what has already been initiated by President Jokowi. His philosophy is an Economy of Pancasila, a combination of capitalism and socialism, accelerating down streaming resources, speeding up the extinction of extortion and eradicating corruption. 

Ganjar Pranowo, as the third Presidential Candidate, stated that there is no other option than to fully modernize the agricultural sector. Having just emerged from a hole, I am now meeting a farmer. Due to the fact that the state does not provide any incentives to young people, no farmer wants his child to follow in his footsteps and become a farmer. The key to success is farm mechanization. As a result of the consolidation of the land, the number of household farms will be significantly reduced. 

When his presidency was declared, Prabowo Subianto chose to propose sustainability in an Ekonomi Pancasila Framework. Due to the fact that Indonesia has become an aging society in the agriculture sector, it is becoming increasingly vital to have public services for food estates, in addition to average land ownership rate of 4%/ per head count, approximately. In the 1970s, Ibnu Sutowo came up with the idea of a “spatial roof basis” that would place “Bulog” as a center for the food supply chain in each area. This idea, known as the Food Estate, should be implemented. We should have a food estate. 

At a pace of around 0.9, the Human Development Index (HDI) should be achieved, and the average life expectancy has reached 80 years. Because of this, an environment of health should be incorporated. Through the Free Meals and Free Milk Drink Movement, the majority of the research budget in the health sector is allocated to funding the pharmaceutical business, as well as fundamental nutritional needs. It is thus concentrated heavily on a food and health ecosystem as well as the energy transition achievement. 

While Anies Baswedan suggested that small-medium enterprises face problems on technical policy that have to be worked on, related to SMEs – but since there are a broad range of different stakeholders, there has to be some kind of philosophy or set of guidelines. In order to achieve just prosperity for everyone, it is necessary to elevate the minor without reducing the major, and to fortify the inadequate without weakening the powerful. Instructions are sent out to every policymaker. More complicated leadership is characterized by a greater emphasis on values. Because it is significantly more difficult to get funds for SMEs, there is a need for regulatory change. It’s surprising that Anies Baswedan has strong support for a fair and free market mechanism, instead of being consistent with an inclusive economic activity way of exiting our middle-income trap conundrum. 

Ganjar Pranowo figured out that an increase in the funding for R&D is the simple solution for the health ecosystem. He has considered continuing to allocate one percent of our APBN to R&D funds. There are researchers present at BRIN. The establishment of the health industry sector is required. The largest demand for APBD allocation is in Central Java, where ten years of experience is required, and the most significant challenge is finding health equipment. It becomes an issue of the resiliency of the country. 

The existence of biological weapons in the future is a possibility that cannot be ruled out. The fundamental chemical and petrochemical sectors are doing well at the moment, despite the fact that this arrangement has been in place ever since President Soekarno was in charge. There is a possibility that this issue may expand to those who are involved in the pharmaceutical and alcoholic sector. We anticipate having strategic partners in a variety of nations all over the world, in order to create this sector via international diplomacy. There is a need for enhancements to strategic autonomy. 

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