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The Decline Of The Middle Class In Indonesia
People walk in the business district during rush hours in Jakarta, Indonesia, on September 12, 2024. According to the Coordinating Minister for Economic Affairs, Muhadjir Effendy, the government continues to seek solutions to the issue of the shrinking middle-class population, including the provision of social protection such as health care and employment. The decline in the middle-class population in Indonesia is a critical issue that requires serious attention from various stakeholders. The middle class plays a crucial role in the country's economy, as they are key consumers, providers of skilled labor, and drivers of innovation and economic growth. When the middle class shrinks, the effects can be felt widely, ranging from reduced purchasing power to increased economic instability. (Photo by Afriadi Hikmal/NurPhoto)
Photo Details
| Photo ID | #11568400 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Afriadi Hikmal/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Afriadi Hikmal/NurPhoto |
Related Keywords
business district
rush hours
Jakarta
Indonesia
Coordinating Minister for Economic Affairs
Muhadjir Effendy
government solutions
shrinking middle-class
social protection
health care
employment
middle-class population
critical issue
stakeholders
economy
key consumers
skilled labor
innovation
economic growth
reduced purchasing power
economic instability
Afriadi Hikmal
NurPhoto
September 12
2024
economic affairs
social issues
population decline
economic drivers
middle class impact
labor market
economic policy
consumer behavior.
2026 NurPhoto. All rights reserved.
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