Our Dutch Disease
The decline in the price of mining commodities has hit regional economies hard. Transformation from extractive activities towards manufacture and services needs to be accelerated.
The economic depression currently happened in mining areas around the country should be a lesson. The state cannot continue to be dependent on natural resources. This momentum should be used to evaluate Indonesia’s strategies for sustainable growth.
According to the Central Statistics Agency, exports of mining products in the first quarter of this year fell by 14.08 percent compared with the same period last year. The impact of thi...