Analyzing Indonesia's Economic Policy Amid Global Pressure

Amid global economic instability, Indonesia is compelled to adapt its economic policy to address external and internal challenges. This article delves into the strategies employed by the government to maintain economic growth despite global threats. A key focus is on strengthening the national investment climate and fostering sustainable foreign trade, which has become a government priority. One of the vital aspects of this strategy is enhancing new industries to diversify revenue and reduce dependence on commodity exports. The Indonesian government is implementing a series of reforms to improve the business environment. These reforms include significantly reducing bureaucratic obstacles and encouraging innovation. The emergence of new enterprises, especially in the technology sector, is meant to replace traditional industries that have been dominant in the market. Amid intensifying global competition, Indonesia also directs its attention towards improving its human resources. This involves establishing educational programs aimed at training qualified specialists for new industries. The government is also focusing on structural reforms in the education system to align training with contemporary demands. Additionally, the country emphasizes sustainable foreign trade. Indonesia aims to strengthen its position on the global market by developing new partnerships and forging beneficial trade agreements. This approach allows for expanding export markets and increasing the export of high-tech products in response to global demand. Indonesia’s efforts to adapt to the new world reality serve as a role model for other countries facing similar global pressures. However, strategic success will depend on the government’s ability to continue to respond flexibly to changing conditions while maintaining economic stability and sustainable growth.