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[News] Investing In Indonesia Requires Good Human Resource
Posted at: 08 June 2018

This latest edition of the Indonesia Economic Quarterly takes a closer look at 15 years of education reforms and assesses their impact in improving education outcomes and human capital in Indonesia, and the challenges that remain. Investing in Indonesia requires good education. While schooling attainment has grown significantly, student learning remains below the levels of other countries in the region, compromising Indonesia’s competitiveness in the global economy, according to the report.

Investing in Indonesia requires good education. “More educational reforms are needed urgently to significantly enhance the quality of learning by all students. With a large number of teachers retiring in the next decade, there will be a crucial opportunity to upgrade Indonesia’s teaching force,” said Frederico Gil Sander, Lead Economist for the World Bank in Indonesia. “Only with sustained efforts to improve the quality of learning outcomes, graduates of secondary and tertiary education will have the necessary skills to find jobs in a changing labor market.”

Key recommendations for further education reforms include: defining and enforcing teacher qualifications; complementing existing education financing mechanisms with a targeted, performance-based transfer for lagging schools and districts; and launching a national campaign to generate public pressure to improve student learning. Investing in Indonesia requires good education and to help that JAC Business Centre is here to help companies to find good talents.

The reforms made Indonesia score its seven-year high in foreign direct investment last year, with Rp 430.5 trillion.

(source: World Bank)