Jurnal Ekonomi, Vol 15, No 2 (2010)

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Yanuar Yanuar


Gross Domestic Product (GDP) of a country is calculated by using the production approach and influenced by the capital, human resources, natural resources, and entrepreneurship. Indonesia with the four most tremendous amounts of resources in the world has actually a potential to be a rich nation which is able to improve its people welfare. But seen from its GDP aspect, Indonesia is only at number 142 in the world. In order to realize such potential resources, there are some issues that have to be solved. First, almost a half (44.93%) of participation level of Indonesian workforce is elementary school graduates. Second, the loan interest rate is considered high—12 % to 15%. Third, there are only 0.18 % of the populations who are entrepreneurs. And fourth, the corruption problems have not been solved significantly; for example, now Indonesia is still considered as the most corrupted country in Asia Pacific region. Thus, if the Indonesian government wants to improve its citizen welfare, it has to improve the quality of the workforce, motivate more people to be entrepreneurs, reduce the interest rate below 10 %  and eradicate the corruption.

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