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The Decline Of The Middle Class In Indonesia
Traffic scene in Jakarta, Indonesia, on September 12, 2024, during rush hours. The Coordinating Minister for Economic Affairs, Muhadjir Effendy, states that the government seeks 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 | #11568404 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Afriadi Hikmal/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2025 NurPhoto - Afriadi Hikmal/NurPhoto |
Related Keywords
Traffic
Jakarta
Business District
Rush hours
Indonesia
September 12
2024
Coordinating Minister
Economic Affairs
Muhadjir Effendy
Government
Solutions
Shrinking middle-class
Social protection
Health care
Employment
Decline
Critical issue
Stakeholders
Middle class
Economy
Key consumers
Skilled labor
Innovation
Economic growth
Purchasing power
Economic instability
Effects
Provision
Social issues
Population
Skilled workforce
Economic drivers
Afriadi Hikmal
NurPhoto.
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