Not very enthusiastic seeing Indonesia in BRICS atm.. especially that we're not really in good position economically. Widening gaps between rich and poor, de-industrialization which cause rising level of unemployement and poor government policies which causing law uncertainty and thus.. Foreign Direct Investment abandoning us.
Our government especially tried to gloss over the unemployement issue by actually adding non-formal jobs as part of their statistics of employement, despite common sense that you cant have proper nonformal sector (e.g art and FnB business, services even tourism), without healthy formal one (e.g manufacturing). What BRICS can solve there ?
Kinda reminds me of our geopolitical adventure in 1960's with NEFO (New Emerging Forces) Movement, where we went as far as creating our own equivalent to Olympics (GANEFO- Olahraga negara NEFO - NEFO Country sportsmanship event). Lighthouse projects with exorbitant cost yet little in return economically.
Economic indicators might suggest we have low inflation but.. that's kinda because our purchase power here is dwindling.. we even got actual deflation because of that.
But then i wonder what the future holds.
Our government especially tried to gloss over the unemployement issue by actually adding non-formal jobs as part of their statistics of employement, despite common sense that you cant have proper nonformal sector (e.g art and FnB business, services even tourism), without healthy formal one (e.g manufacturing). What BRICS can solve there ?
Kinda reminds me of our geopolitical adventure in 1960's with NEFO (New Emerging Forces) Movement, where we went as far as creating our own equivalent to Olympics (GANEFO- Olahraga negara NEFO - NEFO Country sportsmanship event). Lighthouse projects with exorbitant cost yet little in return economically.
Economic indicators might suggest we have low inflation but.. that's kinda because our purchase power here is dwindling.. we even got actual deflation because of that.
But then i wonder what the future holds.
