High Cost Economics is a high-cost economy that occurred in Indonesia, a
lot of factors that affect the high cost economy in Indonesia, which some of
them are infrastructure problems for example the declining quality of existing
road infrastructure on economic lines, like a lot of highway facilities the current
situation is very alarming. This
problem demonstrates the optimal quality of road infrastructure services in
Indonesia.
Next is the issue of Indonesian workers, As we know Indonesia's population is not small in number, which causes labor / Indonesian workers is also increasing. This problem is also related to the high cost economy. Why. We take an example, a lot of issues going on in Indonesia are usually laid off the workers / laborers will be held a mass demonstration to be given severance pay high amounts, it also leads to a high cost economy in Indonesia.
In addition to the problem of corruption in Indonesia as well as one factor in the high cost economy. Population in Indonesia is obliged to pay taxes but not less-pajabat officials who abused the people's money. Many officials with a variety of reasons and mode of use of public money which should be designated for the advancement of the state of infrastructure and facilities used for private purposes by a handful of officials. Until now rampant cases of corruption in our beloved country is very difficult to stop precisely at the more "seeds of corruption successor generation" is.
Not only labor issue and the problem of corruption, there is also the economic factor is the problem of high cost lending rates. interest rates People's Business Credit (KUR), which is the most potent source of funding for the SME sector in Indonesia is the folk lending rates second highest in the world, after Myanmar. Meanwhile, interest rates are ideally designed for the development of the SME sector should be in the single digits or a maximum level of 10%. In fact, the current interest rate for micro KUR in Indonesia over Rp 20 million for loans down by 22%. Meanwhile, retail KUR interest rates for loans of Rp 20 million to Rp 500 million, amounting to 14%. Meanwhile, lending rates in China and Thailand ranged only at the level of 4-8%. Therefore, industrial products China and Thailand have higher competitiveness than Indonesian products. (Source: Opinion Boediono and Dharmesti Wulandari).
Of several kinds of factors causing the high cost economy can take the conclusion that the role of the Indonesian government is very important to reduce the high cost of the state of the economy in order to achieve a more prosperous Indonesian people than ever before.
Next is the issue of Indonesian workers, As we know Indonesia's population is not small in number, which causes labor / Indonesian workers is also increasing. This problem is also related to the high cost economy. Why. We take an example, a lot of issues going on in Indonesia are usually laid off the workers / laborers will be held a mass demonstration to be given severance pay high amounts, it also leads to a high cost economy in Indonesia.
In addition to the problem of corruption in Indonesia as well as one factor in the high cost economy. Population in Indonesia is obliged to pay taxes but not less-pajabat officials who abused the people's money. Many officials with a variety of reasons and mode of use of public money which should be designated for the advancement of the state of infrastructure and facilities used for private purposes by a handful of officials. Until now rampant cases of corruption in our beloved country is very difficult to stop precisely at the more "seeds of corruption successor generation" is.
Not only labor issue and the problem of corruption, there is also the economic factor is the problem of high cost lending rates. interest rates People's Business Credit (KUR), which is the most potent source of funding for the SME sector in Indonesia is the folk lending rates second highest in the world, after Myanmar. Meanwhile, interest rates are ideally designed for the development of the SME sector should be in the single digits or a maximum level of 10%. In fact, the current interest rate for micro KUR in Indonesia over Rp 20 million for loans down by 22%. Meanwhile, retail KUR interest rates for loans of Rp 20 million to Rp 500 million, amounting to 14%. Meanwhile, lending rates in China and Thailand ranged only at the level of 4-8%. Therefore, industrial products China and Thailand have higher competitiveness than Indonesian products. (Source: Opinion Boediono and Dharmesti Wulandari).
Of several kinds of factors causing the high cost economy can take the conclusion that the role of the Indonesian government is very important to reduce the high cost of the state of the economy in order to achieve a more prosperous Indonesian people than ever before.
