LM Quarterly - Vol. II no.4 October-December 2024

Authors : LM FEB UI,

Topic : LM Quarterly Q4 2024 explores Indonesia's adaptive strategies in responding to economic and social disruptions through MSME empowerment, institutional innovation, and strategic regional repositioning.

MSMEs and Post-Pandemic Challenges
Indonesia’s MSMEs remain under pressure from pandemic-related disruptions. Urgent needs include inclusive access to financing, digitalization, and ecosystem reform to enable recovery and resilience against future crises.

Gig Economy Boom Amid Mass Layoffs
Waves of layoffs post-2023 have pushed workers toward the gig economy as a rapid solution. However, social protection and pro-gig worker policies remain critical issues the government must address.

Pegadaian’s Shift to a National Bullion Bank
Pegadaian enters a new era as a bullion bank, unlocking the potential to integrate 1,800 tons of household gold into the formal financial system. This move could strengthen national liquidity and rival traditional investment products.

Social Endowment Fund from Accident Insurance
Jasa Raharja is being pushed to transform from a compensation provider into a welfare endowment fund manager. This model has the potential to sustainably support accident victims' long-term recovery beyond one-time payouts.

BBK: From Competitor to Singapore’s Strategic Partner
Batam, Bintan, and Karimun are being repositioned as complementary hubs to Singapore within the regional supply chain. The focus shifts from competition to filling strategic gaps through cost efficiency and logistics integration.