Endgame with Gita Wirjawan - Faisal Basri: Berbenah Hindari Perangkap Semenjana

Episode Date: March 30, 2022

Pakar ekonomi senior Indonesia, sekaligus salah satu tokoh yang berperan saat reformasi 1998 menjabarkan hal-hal yang harus dibenahi dari sistem politik maupun tata kelola ekonomi Indonesia jika tidak ingin terjebak di kelompok negara berpendapatan menengah. #Endgame #GitaWirjawan #FaisalBasri Saksikan dalam versi video: https://endgame.id/faisalbasri Pre-Order merchandise resmi Endgame: https://wa.me/6282133365263 Info pendaftaran program Master of Public Policy di SGPP Indonesia: admissions.sgpp.ac.id [e-mail] https://wa.me/628111522504

All ideology we've ever We've ever. Sists of economy We've ever we've ever System political Pernh we've tried Because we've never definisicant our

We're what we're If I can't If I can't bring indonesiccan indonesia Indonesia, Indonesia is social democracy This is endgame Hello,

Hello, I've seen called on social med. I want to contribute for Indonesia that's more than in 2004-5. Baidn't from where? Maybe one of one of the one of the answer

I'm, you know, learn public policy. Now, that's the important is public policy. And to change is definitely also policies, right? And to deliver it, it's,

it's, but to technology, need money, and but to policy. Now, the problem to have done the analysis

of the can't we're making to make actualizations solutions for various problems, apolagia

that's the fact that not only in the government, but also in the business,

but in the union P.B. Ban Ki-Kimun, the president MNNNRis Singapura Li-Long and

journalist Rachel Meadow all. All-Nusance Public Policy. SGPP Indonesia public policy

in Indonesia with the language language English, is being able penerimae for batch to batch

to do you. For detail on the program and how matter matter or or secendar consultations

about the career people to come up public, the link that's in description.

Now back to the show. Hi, time, we're today, we're in Vaisal Basri,

friends and packer economy. Ms. Faisal, thank you very. Thank you very with, thank you, thank you.

This is, this is very I'm going to talk about many many but, but like it's always,

I want we all know about the background about the Vaisal. Lakhir in Bandung, then to

get to SMA-3, then to belajubl to Nashville, tellin, de, how much? Yeah,

I'm, I was born in Bandung from the family and then

he's a year for a time we're in Bandung so so

after he got house dinas like we we're we're

we're back to six years school in Jakarta from S-D, until S-M-A,

to make a third, and the other, because the father could've not-mampulah,

yeah, uh, working- a-sized, but not want to be the person

and so, I'm going to be a, a, repop, that, from, the,

uh, the, And the not Pendapotan, not because that

we're very very very very when when we we

a that and we and we're we're so

so, so, so, we're we're we're we're Lampo Temploc, Petromax,

there. There's been Listerc, that, in Jakarta, that was in television we don't have been to watch

sepac-bola, that was the first, the world, the Randa, Maldah Mawand 4-1

that score. That, I, that was one one of Opo-Tek, that, Jalan, to A-POTEC, I think,

there, Mueller, Breitner, Johan-Cru, Kala, Belanda 1, 1. Beckenbauer. And Beaconbauer

also. Then, I mean, yeah, I'm going to choose the cost rendal, yeah.

So, because that, after lulled CMA, oh, room I, in Asem Baris, that,

in Tebet, the area tebett, school in SEMA 3, then, and then, and then-6, has been from

from the room, jalan'i from Asum Baris to Saharjo, from Sarjo, on-Jo, on-Prenan, which is rung-a-Refarga

if you're a-mprangan. So, the bus T.N.I.U. the, um-hut-an-an-a-u-u-an-court. He, mompren

first. Now, I've been at the CPM Guntur to the SEPM Guntur, to SMA-3

I'm going so how many. So, how many, K'KLU that'shik Kajat, too, asikasik, kajya,

there's, also, there, also, also, Pohana, I keep, she, yeah, we go, we're

from, from, we, so, so, so, so, so, so, the time, that,

then, then, uh, yeah, I have to have been forguron tingi

to make the next that's all the business I've got to staff at school in

high, Accutansi in the B. Academy of Statistics in BPS, School

Sandi in Degarra, the people, and U. And U. U.I. Because I

am I am even being economic. U.I. because the most more

the end up. I mean, it's all the way. I'm going to say I'm going to put stuff.

I'm going to be the sub-s-wastan two-a PNS, P&S, dapet get bread 10

kilo, like that, I'm, I'm, I'm, I'm, call she, I'm,

because not not be able to be a kind of people, de, man, it's, can,

I'm, I'm, I'm, I'm, I can't, I can't that, but,

But I'm not make- Maksa, I'm-mack-sa, I'm-mack- I'm-n-n-n-n-n-n-n-a-bub, I'm-n-cuh,

I'm-old, I'm-da-cac-cac- to-cuh-cuh- to-mohm-l. Dengar-l, the perspective om-m-m-say-you- I heard,

and then I, I asked to make to make money money money money

as much money may be money and $60, and $60,000 that one that's

not pay for again then my dad, I'm a year then I'm

must survive I don't At least I don't even make to bring uproats people, right? Now, there exodus and besa-besarer FEUI. When that, because they

were being up, what, what, uh, pan-hick, and that, they didn't

be PNS, and all the much. Yeah, Mandoot Yusuf, activist bowling, also, in, what, in blacklist,

and they're out, there, there's Rudian Koppot, what, Eka Darmayant Tokasi, Salmets Seno Aji, Fuat Rahmani, many, there,

some, there who's there who's out. So, bolom, this, the, and research. I'm al-lambar then,

then the two, the two, menjelang the three, it's usually not terrier. But,

when I was, I was, I was to be penelite. Penit in the people, and the

community and the rankat, who's, junior, junior, research, assistant, A,

up, so, so, so, so, so, from, from,

making, , I'm not saddard that as a penelite tutus in LPM wadjibh gajar. I'm not there's a citatitathehagat. Wadjad. So, I'm shocked also.

First I was a second I, so, I was assistant, Dosen, uh, Parjono. That was, during the dirgen

of the Pardangan in the country, The person is about it, it's a biggen, the trade-aghan. And 1,08, and I'm going to Faisal, help me

and I'm going to bea-mules, because I'm, because I'm not not have background from the other or whatever, like,

then, there, there, a, I'm at Kattan-S-E-D-8. So, there's a Kattan-N-N-N-N-N-N-L-L-Lan in class that.

So, the provocation just like this. Oh, do I can't see people. So, so I'm going to

if I look if I look at people, it's like like it's, like, I'm not there. There's a

contact, that I-contact, that, so, uh, so, mules, l'-l-lis,

there, there, if, if, if, if, if, when,

when, by accident, LPM by accident, and then also, they're doing the design, yeah,

there's no, there's a gomblen to do what, so what, so, that, after lus,

so, so, PNS, so, then, so, That's a place country music. Schooling is great but as

as a musician, curious just. I'm daftar in several universities, Rice University in Houston. Oh, great, Houston. Then, I'll look, yeah, some other,

Vanderbilt that can be able to men, so I was I'd like this I'm in I'm into tunded

because I didn't even can't even not have been they don't have ponsion, not have anything so I'm

so I'm saying to Ms. Iwan Y'an J. Aziz Mb'amari Pange's that that's the then the

then a year I'm into I mean, I mean to perpanjongan again. I'll give to the other this.

This is why Mr. Mr. Kyi-Pangis, that, maybe Ms. Mari also also,

she's got M. Marek, said, Maw-Merri. He's got to Maw-Lakim. Dulloch, you know, bank,

yeah, from bank, that's, that's, that, that, that's, that,

to give mehsus to my, that, to, so, that, so, so, so,

there, there's, I was going to be I'm going to know I can't live in Nashville that I'm going to

because I'm without model that's immodal physical and mental so yeah so when I when I came in Nashville

there's there who's there's up because the personavit delay because because

PNS that has to go Ruda as So I'm from Jakarta to Tokyo, on a caruda. Back to there, there was jadual Garuda to L.A., then I went to United Airlines from Tokyo to Washington. From Washington to Chicago, in Chicago, in cancel.

I'd like to Chicago, I'm just, this is the first time. first time to out of the Uphre I'm a tourist so it's always because this this is still

still agar now then to get to Nashville there's no there's there's not

who I'm to know where so I don't know I'm there there's

there Vend the Bote Hotel I'm at counter that don't it was much

that's that that's the celebrity The base cams, the man-man-wakel president the time Clinton, Jeff. Al Gore.

Al-Gore. Is it. It's from there. From there, from low school. Then, here, here, this, holiday in, the, the campus, come. So, the, that,

all right, there's from there. I was going to be in holiday in, I'm not what, I know what, I don't know what, can't do you, what's, what's, McDonald's.

It's, like, McDonald's. Then, there's different, that's, here or to go. What?

Here or to go. So, I've told, brought back that, yeah, so, they're, de mesem,

just, then, the, the, day, the day, I don't know where to where, okay, there international house, that orientation.

Oh, for, who's who for who's in international, I don't know, there's a one who'd come to anterin, I, so, where I'm going to be in Jakarra, that's different, yeah, than what in Indonesia, I was di-anter, then, there's, there are people Indonesia who had got a room, I'll I go to him.

So, he's not quite that, that's at all right, so I should have to be it, so I'm going to be, what, economics, program's 1,5-t-tahunct-tawn, but I'll say it's a year. Okay.

Summer, yeah, I'm at school, and I'm more more course, because, more time, I'm in America, more hard I'm going to leave from the parents. Yeah, nantil, if it's been there's been res to school again, because I'm talking about my,

like that, a year I've done, I'll say, back, back. 88, that, I'm back. Now, then, there again, by accident, again, um, that, Dr. Darmine, who was director of the P.m,

he was taken by Artarto. Yeah. Tarotto. Yeah. Industry of Kementko. Yeah. When that, oh, the time,

1991, I was the wakil director of research. Okay. Director of the Darmin. Now, Darmine, then, did take,

with Mr. Iwan Jayazis did took by Aarshat Anwar, when that Decan. And then,

Mr. And then, and I was, director LPM, this, I'm going to be. So, he's not going. So, he's not want, he's not. He's no-pawing,

Mr. Arsat. This, how much? Parcad, he's called. You, yes, sir, I'm saying, that's all right. I'm sorry,

if I'm not wrong. I'm not sure. I'm not sure. I'm a professor. Yeah? I'm director just. Mooda again.

Not doctor again, then. Marlester, right? Yes, it's a doctor, professor, So that's, there's, barangolip, the pernertime

I'm from life, it, like, but, you know. But, but, but I, time, the time, research, I, probably, I'm trying,

sometimes, I'm doing, three, seven, research, that, that's, all research that about

economic international disarrhacked to me, because he, there generation that that's, and I, and I,

I'm, I was I was to be sure by by Dorojatun, Kuncharoyakti. I, so, the, I'm going to

ask, I'm going to work for Mr. Jotan, from Parwisata, DPL, much,

much, like, so. So, maybe it's, but I, actually, I, as,

as, I, still, back, not, you because, that, the, of the cladakhan,

that, yeah, bismillah, yeah, all that, oh, that's, oh, that's what, oh, that's the of the other, people that, uh,

uh, , uh, , uh, , and then, to put, to politics. By accident, too.

By accident, but I, maybe, a little, about about but I'm going to cupas, me, on Indonesia, from from any other than any other than.

But, a little bit, about about the political. So, so, so before that, I, the money of the world of the world's more difficult, yeah.

Mr. Dora Jatun always, I'm going to think of it, I'll just can, I'll just can. I'd be helped to to, in, what name,

Hiroshima, there, there, so, international relations, political, economy, but,

but, it's a lot , I'm okay, I'm political in U. On 9, five,

that, But that was geolk, I was jolk, I was I was a head of the Uruisan, I was the head of the Uruisan, now the department, who's rung of the people, people who are so much of the same the condition Indonesia that

so, I'm being, I'm being in a great-a-gracan, reformation, rapat, rapat, what, and all the same, that,

uh, uh, I'mcalae, uh, coolia, yeah. So, drop out,

I, I, I'm not, I'm not, what I'm doing, what I'm see,

uh, I'm, I'm, uh, I'm, I, I, I'm, I'm,

I'm, it's, it's, I'm, it's, it's, I, I was

I'm at I'm sorry I'm not yeah, yeah, yeah, I'm not condosive

again, I'm going to focus the work and more intense that the

powerano to the part of that and finally he was there,

then now there, there's there, in the way it's there

need to have negotiation in parliament and there have have put

partai I'm I'm I'm put in new prepership partai

baru and use from various different ENC from

Africa Southan I'm back I'm it's the name platform

yeah by people then then then. Then the

plan it, I've I'm sure, I'm prepared in

campus. Rumas I get to campus, pilir room in Cijantong at

Kopasus that there, there, there's from backangang that

probably 15 minutes to come until campus. So, I'm in the

campus to be back back back Now, they're sibook, now, they're at the party,

the people are now, the russ, uh, Amin, it's not get-tem-et-en- not get-tem-

first, Amin Azis, al-mahum, wa, the time, sex-gen-ne, than the U-S. Then, Bang Ismit Hadar,

and, he'd be-sa- , I was on my G.M. Well, bismillah, psal, bismillah, so, bismillah, sa. And I said, I was,

without I was consultations with the mother and the wife. I'm not really, but it's just like that. So, so it's like that. So, it's just, just,

and that's un-gulner-and-kely the people the most of the part, yeah. I'm not Papa, hisri, a wife's doing a bagu,

and buy a bagu from Bandung, Saturday, she'd, he'd jowland in the Sanayan, there, a lot of the other, so if if, if, if it's again to get a problem, it's just trauma, the,

I'm, my, my, my, my, so, that's, this.

This, 24 years, since reformation. How do you know, in RUZal, the journey of democracy or democratization? So, we're in track

that's good, for the endowment democracy, from electoral democracy, derec, all, relative-bike, electoral democracy we have to be in our

democracy procedural. Democracy procedural. Namon, what is partai many, but no significant difference

among them, what is the of PDAI perjouagan with Nasdem, with Democrat. Not jellas better what, because

not one partay in Indonesia has ideology Then they don't have ideology. So, the one they only only has Azas. And Azas is same,

all of Pancasila. They're talking about abortion, same, position. Bicara about ketimpangan. Same.

There's no, there's better. So, what do we have we have? Many partai, if we're going to, so. So,

So that's not that's pragmatism. Now, Pan, in perspective I, yeah, people can be different different, because in Pan it, it's different, bed, bed, latar-belacan, in the mattoe,

my time, not I'm, not I'm, it's going to be pan, it's, trend-settor, inclusive, uh, uh,

that's gagsan gagasan gagasan fresh for this for the part

it's bachana for federalism. Because the best form of autonomy is federalism, because with federalism,

that's all the area that has, um, to make actualization to make actualization the potential

the best But Pan, in a way it's dangerous because Pan, because van Mook, or whatever, so,

decoretted, that federalism in the platform Pan. Now, then, PAN's also, not percaya

DIRI, partai inclusive, and allam Deganty Azas it's just Iman and takua.

Oh, this not It's not been before, so it's a part of like this, like,

I'm out. Because the foundation that we've got to get over the reason again, I'm

in front, I'm in 2001, that, in the front of time, that,

when that, on Malari, at hotel what, Saripan Pacific, I'm remember,

Bang Hariman Momporei me, you, if you, you're not I said, you're out,

you're out. Yeah, but, right, right, but, today, I'm going to

and it's like, yeah, accident, accident, so, so, so,

there's there, there's there, there's, there's conference, and all

much, that, now, uh, uh, mulley, yeah, why,

politics to be here, this, maybe, maybe, I mean, I'm,

I'm different, if, if if there's perubhan resim 98 didn't

have been peruban resin what's what's did gettuk or parato under,

the pardtiem long. So, like, man, pack-bola, if the,

um, the, um, um, menendang, man, can, carto-and-

not-mere- not-mine- -mine-d-d-d-l-a-l-l-l-l-l-l-l-l-l-l-l-l-l-l-l-l-l, . this Golkar still be able to emilu yeah he's the

the most the big issue the big and we're not there godharker it yeah there's

no other there's there's those things they should they're not able to make them two

times or the stidat one or the one so the reformation

and who men who men menend menelue the two Golkar that's

not did it did Until now we've seen, we're langang, that are people who are gulcars, all. Not real, yeah, who, that's the jazaran elit in this,

from gulcars all. Sebut just, siriapaloh, gulch, lhut panjaitan, gulcard. What, what other? Yeah, that's the inti of the power. So, it's not, not, not, not, the other than, the, that,

the, the condition it, It's going to order new like, that's the whole collumeration,

now it's now the oligarchy. Punguasan Kekian Alam and the modus operandi it same,

the way, carer-cara-lame. So, that's, in the time, people, there was

M. Melono Suondo Almarhum, and M. M. Adi Rindira Sugandi, and,

Asso partay, let's goang in the party, right. So, they're going to be in this, not quite in the parliament, they're going to, because all who are who are the people who are the people, because we're the most of what we're going to be able to be able to.

Now, this is where we can't make, what, the, um, the, regime that has, melululantan Indonesia, and Paharto,

so Allah, the enemy we're not against, So, because that's, when Parato when you're saying when I'm in the hallissoe, I'm going to come.

You know, masisoa do you, not mani two days, not be able to so, so they're back, so that when you're, when students were

not in the building parliament that has been there, there's a person, I'm orasi in there. I said,

I said, you're, you're, And the Harto's under but resim Order Baru still are

the other the other again. I'm saying everyone diom. Oh, ruponepo

this is a group of Abibi is moreh too I'm not not not look

that. That's that we look can sohinka they're being getting

quickly and quick and Parabow also bagian of the other

So, so that's now, is the order new. If we're going, Golkar, Nasdem, Democrat, Hanurak, and all kinds, they're going to be gawg. Same, 70%, kira, that's about, 60%, so it's never

to be a peruban regime. Now, because that, okay, we can't get back again. To the depot we have to beacques, the name an institution political, and institution economic, in a different

from the the effect of extractive so extractive political institution to the inclusive political institution economy also

from extractive economic institution model Paharto to inclusive economic institutions so that so it's a transformation from what we

call the value extraction semata, model ofot and kringat and so much creation with a modang,

otak, that's what that's what I'm going to be. I'm going to to unkapan before about ideology. If we're going to to Hongok,

ideologian is clear. Singular. Yeah, right? No, there's polarity. In Europe, it's just multi-ideologi, can?

It's, to be in the , In America, there's one in the right, and to go to the right, it's going to be in the right, it's be puttank in in a stup or posture

of the policy, fiscal, foreign policy, defense, even the rights azazi manusia, and allan. Munkin not, India, to the point

where There are the different ideology, one, terminvestation in perpolitical or institutionalization

politic, and the two, it's puttank in posture of the ideology, we've tried.

All the system economy we've been we've got. All the system political we've tried. Why?

We've never been definis it we're in our we're what we're if if

in the matter in school in high in pergurant

we're not we're not free fight liberalism but we never

divine ourselves not pern now penguasa that is

the when there if there there there there

there Pendelm, that, because he can't be wronged. Oh, if you can't be ideologi, oh, no, no, I can't ideology, that's gonna think. That's what we're not that we're saying,

so, definition about our own, this, not this, but we're not this, but we're not, but, it's still. So, the ideology, that, can, so, it's been illustrable, illustration,

in the illustration. The most the illustration is illustration about illustration about around right.

Yeah, right? It's more tipis or tebal. That's what sometimes is samacan with the security.

If I'm at mind, the landtah social is so much But if the right, it's the way to the tipis maybe, so that economy is privatization as maximum possible.

Tembockingia, it's also can't make sureminked, kind of gambar ideology. If we want tembock that big, we're very protectionist or protective. It's usually conservative or

right, that's who's going to in-ignan. So, immigration, not too too-bukah. But if you see-kir-k the tembock-ne

to serendah mucan to come to come and it can be in in policy of the

economy and and, the ceiling- it also can be to manifestation in the um-R.

UMR. Ceiling that's the linkinginging the same-kir-kir-k which want to the human-er as the thing as high-minkin, yeah, it's now, after, a year-aheer-in-necure it's been, be-bicare-can in the concept universal basic income, UBI. So, but it can be gambarked

in a spatial, like that, and I'm curious just. Mugn't, not, see? Partai politic, to, be like that, like, like, that's the part of the political, so, yeah, so yeah,

so, he's made than the other. Can't tawarion that's been given. I'm just about this, the other one, to 14, that, yeah, I'm not. I'm not. Yeah, I'm not.

What? What is the other? The thing is, the other, the people are that's quite, yeah, ah,

if I see, he's nothering something, like, from perspective what, but, not,

it's not menugue can't the, the ideology there's because the party

Democrat, kind, Azas' it's national religious. All nationalists, and people are aghaphaired, all religious also,

so that's not, so in PDAI perjongan also there, uh, name's what, yeah, Ba'UL Muslimin. I, in the bestullen, I've got to jacket Ba'U.

Oh, I'm not PEDAI. But, I'm sorry, Baidul-Musliminia but by P. P.K. to be made up, so, it's not sure, that's secular,

that's, nationalists, religious. Now, the foundation is quite if I can't

make for you to define Indonesia, Indonesia is social democracy. Internationalism injunjung

tingi, Pidatubh Piedad Bung Karno Bebas active, so, so we're not autarky. Then,

if we can look, people think people, Pumakiran Pumhita also It's recrimin from

the Undang Dasa 45 that which is a welfare state. Oh, fakir-miscan in the pletola the country.

The country wajib menelangar-can- system of health. It's not secedar-scented, but the lay-

but the lay-a-sat. This is welfare state in Indonesia, this. So, the country heavy

to come one set-in-net that's koko-bagued for the people. Now,

how much our own, our own, the land, and the land the land of the land the power

by the big as much the commasurran people. Diquot by the country not have been BWMN,

Kata. So, the country has to make a power to make sure the paybacker, the costisiness, the country

has a lot of that. Now, if you again, the country abey, and then to make sure

land to be keruk as far as the country not make function redistribusies. Like Batubara

year, the year, the endapot from export Batubara just about $500 trillion. But no,

windfall that is the amount of the country. Because the country didn't be able

menerap on the package export to make sure the money from the windfall that

they're not. The C.P. B.C.O. Bail. Why, the Batobara, not.

Now, this is I see, I've got got to make the principles principles of the same principle of the same. The country is to redistribution. The world isableness. Bebless.

Now, now, the country has not intervention. Intervency. Aneigh-an-nay-n't-or-erang is, it's notew-one. One-one. Padal,

on-C-P-O-Ns14,000. Yeah, there's not who want to get, but whatever what

would get there, it will have been because then you want to

make sure like such a matter so much so much the government more

ungovernance so much government so so what yeah so what all

did landas by one um people thinker the theory uh

uh... uh... uh... with basis data, with basis science, all reactive. I want to make one observation. This I want to try to bungus

in context of process we're in democracy or how we can do something what, yeah, reconstructing democracy. Yeah, right? Deng shopping

when it was up in 2008, in pedatowns for 2.5-jamb-jamb. Ironisness, he's using kata democracy, 33 times. Yeah, right?

And it just true make catalyzation process to democratization talenta. So, it's notepang process reformation,

especially in economy, terbukkahan. So, that's my, the firster, I think the answer to say that's just a good I'm not peduli, you're in a lot of people, who's about you're pinter, you go to position.

So, merit-based, not patronage. Yeah, right? And I'm looking, there's a concern in many democracies in the which, which one of one of the features or attribute that's a different declination, That is, the increase the chenerunas as basis for the pencelexion talenta

in democracy. And that, if I'm in myrude, discount for the perkemangan democracy to the to the front. Now, this is how this this is just to be that it's not merit,

but patronase just who is used to use as a basis to selects talent, yeah, we'll probably will just be and look discount in manifestation executions, or, that's for economy,

social, and other, and other. Is that observation that that's up? Deng, that's saddard that that,

when, it's not it's not much with the one-party system can't

but Deng, not to make to make a million because $1.

$1. $1 million, it's risk big. So, it has to data, so it

maymugan and, based passers and China, he'd make 17 the area-husan, because he can't be able to all the China that's very top, that's

if it's a collapse. Now, after it, it was a lot of class menenna. Class-Menangue, this, aspiration more there's open, there, there's cases

Alibaba, who, oh, gritty-sed a bit more, it's a bit of, that's a lot, there's a problem, there's not that There are there can't make up.

Because this is the lullery manusia. So, because it's a certain a certain time I can survive if I'm with the system

now, if one-party system it, menjelma, and it's two parties or three parties

to absorb aspirations people that can't be keepang by anyone

in the world in the this. Because what? It's not it's authoritarianism or

one-party system with market system, not possible. Market system needs adjustment every

time. Now, if the party politic just one, there's there's and balances

and much much, if he makes a problem this not more than

it, they can turn, that, until, finally, the problem that's

to make a certain and peccah. That's what is what is in Indonesia 98. It's not

can't. The power economy to make the distortion that there is a basis. Now,

for the case, is it's bad, it's multi-party, while not just the ideology

there, there's there merit system also is, because merit-tracus the good

in the The world is in China. They have two lemhanas-near-nast, one, in Beijing to make-silkhani, one, in Shanghai to make upendant

entrepreneurs. That, some other, I'll I read in WorldSeed Journal, or Penghawin. Not ever in China, that, to make,

the people, the mainpinning. Now, in Indonesia, and from at the top. In Indonesia, they've got to tryning in China too. Some of the people are training

in China, in a company politic, yeah. Then, they've made, they're not for regeneration, butto talent

and new, they've made training with jenjang. There training in-tingat-dasar, and so much, much, that because

feudalism, because of patrimonialism, when the Pilkata, ah, this is, this, the son of my son-shaired. So, they're not going to be. So, they're doing. Short-kart.

It's not, it's not done. If this, it's done, and so, because that what what's been in Indonesia, all we've got to be a system political, the economy, be a bit,

the government also more to odda, many much can be able that's that's

not there so how it's reform party politic now I think

the party political to have based local so so

doleaken local party and if if people people

people people they they have affiliation with part

national so that partay that's more, there's a no, there's a against in Indonesia

that's that's now in the country local that's this is good, now,

then, accountability partai, because this party is public institutions, then the party

that is accountable, and must transparent, what they do they get from public, what they do you work

can, and it's If they're not, they don't they don't go to people who are then, the people are in partai

this, one of the other in the same in the same people who are in part of the United right, right, now, politicians

percue, from the government from the government politic. Now, first, the party that's

making platform that's for funding, fundraising, crowdfunding. So, the people yumbang,

how much dollars, $10, $100,000, $100,000, $100,000, that's people,

people, the chelon, jendellas, jendellas, blue-act, it, name, if,

the, partai Democrat. Now, then, what what's what's what's going to do you do you get funding that the most of funding that's

certainly shermine that he's probably the people who are who's going to beambang, right? Now, still more than to meet up Chuck Summers now,

speaker from Senat, majority leader one district that with EOC, OEC, if you want to go back Chuck Summer, it's, soxammer

it's, because what? EOC now Mewks now Mewankan social media and then sell merchandise

Ransel, top of the Pesan, the pesan policy, he tarot in merchandise that and we can buy in Indonesia

so, so the biay he will be around the world. Now, in my think, all of

things like will be will be hathes politicians who's people who be percied by the people and generation new.

It's not even if we're going to be, but who's going to be optimistic. I've got to get rid of people, from different parties, in the pastas partai, generation malek politic. We've also, we've been around by them.

Now, that I'm going to fomusk, that's the mingue. So, so that they're more independent, and more have a room for mobility social and politic. That's the problem. Social mobility, political mobility in our lives,

by the room politic that's pengap, that's not ventilations. So, circulation not there's a problem in our data, but I'm sure, 10 years, at least, will be able to be.

who y'noblos 2004-29 to the that's who now still on the cartoon network. From there, I'm sure to be happy, and I'm quite optimist, that's only inertia that we've seen in the years, that's been illustrated that it's been illustracation, semestiness, should, be able to be. that,

as a generation people are they're a way of the way and how we can make themagicant talenta

as a criteria or merit as one of one of the one of the selectsian talenta to participation

in manymacham and how he's really when he's one of the one of one one of

two of of the seven of the public bureau, it's, he's already in 10-a-town. From the level the lower? Yeah, so it's by the time they've already to get to sit, yeah, tutupe matal. Now, I'm going to geter,

the topic of economy. How, panang, Faisal, about economy Indonesia? From from the backusen, do. It's, not ever there So, the long of the Republic of Indonesia,

inflation is very low and stable, stable at level that level that redact. That's a pencapain that out of the era of Pajokovic didn't ever ever before. Massalas our best thing, we're inflation, and now inflation, not a problem. Leapest, terlepas, and the way of it, and now,

the ability of the people menendalicking more to be better it's because because during

BBM, BBM, Dittgen, and there oncos it and it's not it's not not be able to

because gradually we we have to give the money to the inflation to the

the next the fact that there's there is that's it's it's going to bring up

the time there's there's there kind of there's not the end up

prestation this it's termination from the money money society

people so so interpretation not be static yeah we

have we have in context dynamics that that there

inflation that there there there that there now

then then the the most the far, I think it's the very, in the world

in the world in the world not doing what, practically, and it's even, and it's

even perburuk-ne is the of our our even even less and more and

more less, than the condition if we're to to GDP ratio ratio's

it's still 60-han now just 38 and trend turn to turn to and the

so. Bank it's bank it's money and not make money from the

money and not make sure it in because the country

has because because why I think I uh,

I'm money more money yeah now now now

the bank the SBN it is the best

the cost is per banked in the country per banking the banked the second is B.I. Degabung

all that it's already not there's not a dynamic in economy at the cost of private

sector, private sector we're megap megap the money can be for

building the Bucota Bauru for Kretta Cepat for Jalan TEL that's

Efficient and all which all the core we think. So, spectacular

in the era Pa Jokoe is incremental capital output ratio that's non-per-per- than the period

of the period before. 6. 6. 6.5? 6. 5. But,

don't use 2020, because it minus, that. So, so, the era

order before, P.S. It's, between 4-7-6. In era Pa Jokkovi,

20-19-19- is 6-th-thek. That's by the Abu Srimuliani also there in document

the government but there's there's there no way to I'm going to

when I'm Hulh also Pallud also Pallud said he between Mr.

Jokowai Mouda Moodan this is not mucer Ration Ration Ration RAN Chanty

Yeah Education 30% bocor, I said, I thought Mr. Cicotoui, I think he said, but he's got,

but there's up upy, so how, how, what, the data that by the people, and more,

more, making, more, more, because it has been because of money, to be over-out- and out-

the, and out-S-B-N to-B-N-ter- with a proper. So, investation, the costil-sid-

little. Now, Diagnosis the government, investations this is a problem in a while we never experience

low investment. Investment per GDP or gross fixed capital formation, the formatucked model tetrap brutal

so, so investasi physical to redact to GDP, Indonesia only can't with China.

We're more more than the Rata Rata RAPATAN menang atas, menh and the

middle, lower middle, the country OECD, Asia Pacific, we're the ASEAN

also the high, but invest. Mr. M. Giacuioi may have a matter.

Because there, there's a ministry, the main co-investation, there's sub-gast

investment, investment, we're going, so, the, the result the result is

the who's in the burrow to go to go to from this gunda under the law of the chippedaerreja also can salacaprae. Investation is not a problem. So, low quality of investment. Why?

75%, because every time be overbubah, kira kira, kittal formation our, in the bent of bankunan. Sementara,

the name it, for machinery and equipment, just 10%. Machinery and equipment is that makesil can barang and jasa

that's by industry. So, not just the cost of investasiness but the composition investasin because the

capacity, not capacity, industry, which is the bankers industry, also, is a big

based, it's built incliffe, in Smelter-Chine, in Moroali, Konawe, like, so,

so, so, I'm, to look at, this is it we're to make correction what we're doing. And,

the factually, it's done by the government. Town Lalo, maybe I'm more than six-bulan

in the concept economy back the pandemic that was done by Bappenas.

There three external. There's no-as-k-n-n-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a. There are Professor Arif Ansori-Yusuf from EUNPAD, there Tegu and Narta, now DECAN F, B, B, UI and I. So, so we're, every week,

we're going to, we've got, we've got to, issues, that, we're going to what, we're making, what, the transformation economy that's because RPJM is

not relevant, and, it's, I'm not delibate again, I don't know I've got to be it up to where, but the target is, I should have been done last, it's all right. This is that it's a certain

for the pandemic. But, since now, I'm not not really it. It's not because this isab because the whole sum of the human human abas, this has been for ICAN. But, although the concept

best of the past COVID this, it has been just, now, what I'm saying to Ms. Gita this, all are all under abogodas

in there. Until to the legal mobility that we have used to investasically from

the child that's the child. So, access of opportunity that

will be a probability a person people of people who are people,

will be missing, still in America. In America just

now, they can from, they investations from from from from from from from from kandumann. Jumlaan's big for family allowance, that's right. So, we have to beheada, so much of the way of think. Something that we're allang-ulang,

want to make make sure that's something that's going to be able to go. MAKEN. MAKLE, GROD, BISA, 5%. So I think, in the era first, Pai, Pai, can, 5%. Target is 7. In the era Pajokoui 2, target is 6, if I'm not

wrong, but the same thing that's just 3.5-l. So, it's just a trend, the downerunan economy. Because what? Yeah, because the jantung is lemma. Want to bea, to cut, and I'maput in the middle of the road.

I want to ask, bebeck, bebeamang, But at the end of the end IKN, but the first, I'm going to talk about the jantung. I'm terima, the chart and observation from Bank Faisal on many of the ratio, that I-Corps that's that's been increased,

so inefficiency, and then, also, ratio credit perbankan to the PEDB, that's far below 50%, even ratio Pasar-Modal still at the BDB also,

is below 50%. This is a few times I've tried to illustrate that this is correlates with the sum of the amount

in our in our country and if I think M2 or or the money beradar to the PDB it is also

in below 50% So I think we're going to junkir back like how if money bernardar not eveningat. Yeah, it's a little bit to fund our people who are doing wierousahsahsahsahs in the Pulaurot. Because it's been able to get credit from bank. One, maybe, bank not even bank not even doesn't give credit because of the stupatarsan

that structural. And this, this is a bit provocative provocative, but if we want to make in the amount of money bredar, and the negra-negara-negara-ma-ma-ma-a-dreter-pdrabe 125-250 percent, yeah, we have to get into into into into into-notice. Or we have to take model from the out.

We can talk about money-modal from the world. That, if, I think, I, just... ...noterental with inertia. Not too dynamic, last year, even, even ratio FDI to rather, I'm not looking PMTB.

If PMTB, I'm not misleading. Because, while it's just a robust, but it's not to endangue our own-and-can capacity to make money from fresh. FDI per-per-to-a-per-town in Indonesia is just $100 dollars.

Same than in Thailand and Filipina. But FDI per-o-per-one in Singapore is $19,000. So if we want to naïking the money breder, we can't take FDI-I as a far more significant than now. It's a little, option the other is to goutang. If I'm going to okay-o-o-k-a-a-a-a-a-a-a-a-a-d-d with

ratio 40% to the P. Ration is, actually... Ration is okay. Okay, but what you have to be partaking is servicability. Now, this is often by Bank Faisal. Yeah, if you're going to service utang, you're going to get to 20% from APBN, and it's been increased to 20% from APN, right?

That's the tax ratio also, from 13% to 9%. Now, is 8. 8. So, so serviceability this is, can be said it's been down. Okay, maybe we can. We have to be more biggisana to

mutang to the other-negrie. Yeah, why not not from the land from the country? But if we're in-utang from the land of the world, that's the cost of the world that's difficult to we're making up to

increase the portion of the in the country. Yeah, what we're rancul theory modern, monetary, So, we'll miliak-can initiative that for the

people, so that people in the plosok, to have access to the model. Yeah, right? Moral hazard, argument is I termed. Inflation, I'm not too much. Because inflation, I'm not quite, I said, even if you know,

if we're going to think of the velocity of money. And, the M2 not too much because of significantly, GDP's just to there, just to just that. Delta, the two metric that's that

makes the velocity and it's very predictable, or predictably reasonable. That, that's, not, we talked, we talked,

didn't abdol if we talked about because we're because the jantung it, functioning it's the formpment and mompak

back. Now, what we said there's been from where? So, as good as the goutus

if the heart, if the heart not, yeah, the gantung not can be optimal, right?

Now, the, this is create from the the agonautive productive, can be

economic productive, um, Like, now, it's now there's okay,

there there decades, so there so there there is that

not in in the economy Indonesia. So, the public

fabric, spelter from China that, they, They buy the bagu-ne-dollar

If in Shanghai, the price $84, if in Indonesia buy $20 $20. Untung-ness they're

more-biasa. They can import whatever their without their pay and then-bias

all the asset export-ne, they're sold to China, devisance not mantang in

Indonesia. Now, it's leakage, there's leakage that we're going to then. The other, there's corruption, and corruptor usually, narwhangue in the world country. Now, this, there are an exradiction.

Now, this is, and it's just, to find, um, the loomang, that makes, the world, um,

not be able to get in the country. Now, the, uh, want to co, we're cut upbosan

100% of that we're using to build a fabric or merata in the whole Indonesia through the area

the area ideal the fabric is cemented from Indonesia batakia from Indonesia like from

Indonesia and from Indonesia and everything soing-gues So, so that not to

get to many of imports. Unfortunately, the structure industry we're not support.

Because 75% the the tobacco industry to import. ICAN

this is good if we're good if we're good but it doesn't

not much. Oh, ICN should be more from Dubai.

What, what, the, landerer not not make marmer toulung

Abu, not kerry, marmer italic, lamp of crystal can be

from from from from where that's so the content

import the import is this so this this can

be using that more as as as capital

of income building one one building one one

so that that all all all can be from

in the So, then there's there not there

that there is there I'm with the idea m mt but

that we're there there there there there there

there not moral hazard now so, We've got to give them to printing money

that's the reason why the reason why they're making money for the other discipline fiscal that's that's been in our

lullululantackan republic this so, so much extreme by order new, did tutupe which is

the namean catac-uang- -uang- balance budget. So, historic, same like, So, maybe we still

remember, there Steve Henke that's coming to Indonesia, presentation to Pa Harto, did be brought Burini Sumarno, if not wrong, through Titi Soharto

and Miranda Gulton is a put-dukung what, uh, currency board, that. When was, that,

rupee, $1,000, Steve Hanky came, He'd come, I Jambin, Pa Harto, 5,000, he'll be like to, right, he'll bea

$5,000. Now, he's making currency board like in Hong Kong, in Singapore. Now, the pressureat not to beinue.

Because in, in a policy, not make, because if there's currency board,

if there's, if there, the amount, the amount, there's, there's, there's, fallas,

and then crony first, who's so I agree, but the pressureat

not too for sure for the time, we're in quite quite not extreme MMT,

but not extreme also, I agree I, I think I'm commentar

about FDI this because Indonesia especially sadar in make

decicate baricado that and the top and the top of Saudi Arabia

for the FDA that's there are OECD made index the name FDI

FDI restrictiveness index we're number two the top so much so far so far

that is the kind of the kind of that all over investors

that must be with local now in the other there

there So if we're trying FDI, I think it's easy, it's easy, beaversed them, as well,

they're paying paycheck, they create employment, to make technology, and mesdican the past. And FDI that we have to upyaked

to the KEL, this UMKM our abysa this, orientations has been better. So,

We make a area industry thematic for UMKM so the theme the theme of electronics

that's related to electronics, mobile, we're doing FDA UMKM from Japan,

from Japan, Korea and Taiwan that they're not able to protect the fabric in there

because onkos more than they'll make make cabang, but bedol public,

they've been back here, they're trying mitra, they've already have been past, they've got

who know, what name, yeah, who are, because they're coming into industry, industry

big, right. Now, so, it will be more we're going to get

UMKM this. To say, UMKM our, we're in we're we're going to

bring UMKM this, so yeah, and the small and the micro- This, this observation

just. Singapore, to be end up to $19,000 FDRA, per person per time. And we're just amalgam, that's it,

that's almost it's not quite can d'ere, in liberal democracy for several decades to the last, while upon they're predominantly Chinese. But what's

interesting is while they're making and in terms of the political democracy, they can't even make money from anywhere from from Tjongok, bejubel, from Russia, from Eastern Europe,

from Indonesia, from all the world. This is my hypothesis I'm a hypothesis of my one of the attribute that's that is That is the peneguaghan of the law. Yeah, right?

Not ideology, not the cranks of the law. If I'm going to be argumentation that, say, they're protectionisman is there. We're even liberal with them in context of some sectors. And they've, that's been able to

be able to beckoning a nation of law. And, some other other, it's a nation of lawyers. Now, that's what, I think, if I'm the rest of structural, to make-backed why C-A can't take model

from all the world without a peckon of ideology and allan. But, peneguaghan of course. But, the B, C, C, C, D, not-s-sting-s-a, it

has been able to make upctuary of lawyers not a country of law yeah, right? Now, that, if, if, hypotesa, this is true, that's been

to be part of unquestiongrapkin, yeah, we don't want to be reconstructing the rank of the law, we're only mnibucked to make make, what can be perceptic

can't. How? How about? Yeah, I mean, I'm going to-mahure, it's mataculia, economic-politic, I've never, that's not got assignment, again.

Economic, economic, the behavioral economics, and the history of the economy economy. So, Mr. Gittor, we're back to

Bucco, Why Nationsville, Then, then, deluncuit can narrow corridor from Asimoglu and Robinson and it, and it's full with debate.

Jeffrey Sachs was when critiqued the foreign affairs, if not the same, but it's there's just

this, there's, there, and there's another different in the media, which in

it's never there, in social media. And, and, and, uh, and it's all right,

many factors that are menutuked the best of development. Kata Jeffrey Sachs, there's, there, there, histories,

geographies, and all the same much, but, uh, Oscemobleau Robinson, mubbuked

and, okay, he's atuptu the most important factor is institutions. And that's Singapore, that,

So, so, so. So, so, what is what is the same,

the institution says, the rule of the game. All is clear, all is, and so,

so, so, so, it's, it's, the, the, the,

case, and the case, the, so, so, so, so,

I, also, I'm, the in the Pongedilance of Singapore, two corporations Indonesia were colloquy

and then I'm being made to make sure the process like what so the process of law

it is purportna so so if if we're in this we're from from

from the country from the state to not come the law constitutional, this is

when it's time If in there, it's not the time I've got one day one day

and I'm consixtuals my time I'm saying I have to-orre this, so long, this time,

until the two behalf if the two-belap if if it's not not too, it's not the time

the time the time so, so to find the The truth is not be batis. All of, but all are there's but all of the way.

All are all that. This is what we're not. Then, the other one of the law-flow that's the upstion is also so that I can't think of the same I can make up-asis to make upputusan. If at this,

I'm, I've got to buy land, there's who claim certificat the certificate is actually, like that. Wow, if not quashions like that that's a bit more

in the same. But, but if, if FDA, the cause of the main reason why the mainstipness index our

our top-to- the United, the United, if not the same, if that's the same, if that, so, so,

let's make we do make, the pastian it's clear for the investor. In Batu Barra, this investors not only from

the land, there's also from Thailand, and all the other, tibetabre, here, this is putuskan, before, before, before, not be export. It's very many times a genus institution

that barbaric, so, you know, in a moment that's akeptuant, then, then, it's, then, it's, then, it's,

that's a trauma, the notpastien it, in Indonesia. If I think, if I think, if I'm going to money that's in the countries majeu, America, Europe, English, Japan and Tians, and Tijuana,

M2, and they're going to be being bingong to investasicant to where because in Japan minus, the unas, in Europe, also minus, in America, you just,

later one, because inflation of the 7%, but it's very transitory. They're can, semestinia, can democratization money to places like Indonesia.

Now, this, if, I think, this is, this is, pluang emas, mongonged G20. Which, which, we're just with five countries who, who's overlaught

$100 trillion, dollar, bro, what this I do you do do you put in, not use the 100th of it, so big and 100 trillion dollars, that's 100-kali GDP our, right? And, the two, we can go about helilisati, so, yeah, more padat career and,

and, again. Three, we can go about about the purubhan of acclaim. Now, I see, I'm going to look at, this is a real-emask, for we can even getting FDI. And I'm a bit of a lot of the FDI we're still at level of the level of relative, yeah,

with the other countries like Singapore. And this also can be summing with topic of the topic of the next, that IKN. If we're even we'll privatize the fundanaan That that's what we can explore. But if we're going to fiscalize

the development of it, yeah, back to tax ratio, back to the world redar, and I'm seeing that, there's a certain that's interesting in Tijuana. A few decades that, they were, they,

to, for Karsai initiative to to build 113, Kota Seconder, or third tier, or tier 3. So, it's not at Peceng, Shanghai or Tianjin, but at level Foshan. Yeah, right?

And it's justly, from the U.S. where they're teakat to make urbanization, tecate to make up to to do you doestribusy chastraan, tecate to make make how they can mergack in Rantai Nile and

and secalalat. And, yeah, maybe, the babbac of course after IqN, if we're doing it's enough, the money bea-dardernaud,

for the importance redistribusity of chesha-teran, we think to, kub-men, k, k, be-bu-wangi, kember, k, k, tarakan, k, k, k, like, penguluk, like, roti, or what,

that, we're, that's, we're doing. How, that, mas? Now, if we're talking about, I'm optimistic. Simpimis, in light, that's being. Indonesia is from

17,500, so-and-fug-lou, sum-and-yambung, and-jamb-to-one, is it's it's it

by the republic Indonesia by so not the water

that the water is that and there one not any

other not any we we we think model

development America, Europe America, continental all continental all. Now

the the the power is that we have been

abaking abaically so Indonesia in fact Indonesia, in fact indigration

onkos anguat from Jakarta to Papua is five more than from Jakarta to Shanghai.

So, Indonesia, Jakarta, more integrations with China compared with

Papua. And what can make Indonesia integration is the economy the world.

The quality the power by transport the world. Now, imagine

Indonesia is from from different of various there, there, there are four

different, Jawa, Kalimantan and sogain that, it's, intensit

of the countries in Indonesia, not the not a yeah, uh, whatla,

yeah, the, the, the, the country, the country, in Indonesia it,

it's very because, what, transportation the water's low-suitous cost has been very much so that's it's a lot of

this I'm always that's the most this is like after after booster in in mall and basically in the mall now injelang parker

there is supermarket we buy a there, there jeruk medan, there jeruk mandarin the more the geruk mandarin because what

Jeruk Medan, that Mr. Jokoi from Karo's there, he said, I can I per back in jalan, not Jalan, Pa.

Bagus'nia, the good. What's the per-joling the caro that, the ampot with the gawks-n-and-n-o-d-d-a-tare-t. On-kos-a-tere-tahsat. Toll-l-law-a-tall-hout.

Yeah, Mr.O.-Gaw-Law-Jolkoy, not-N-pon-n-monged. So, if from China, they're brought to here, look at it, what's going

after the gongsi-Fa-Cai, can't, geruk mandarin all that's in Indonesia, right, come now, do you,

with capacity couple-t, 10,000, 20,000, 10,000, 10, ton, on-cos- per-kil,

almost zero. And, they're now penetration to the desert, and, we're back

the, logistic costs that's bekembanked through system transport of the national

with armada that's great, yeah, so, not need again, sapi that

do you get up from NTT to Jakarta. We've made the whole douging

sapin'i and the come to Jakarta is up in the kind of d'eng

d'g steak, dagin' what, such, the Mawu NTT NTT's Mita.

But, but orientation we're not ever because we can't because we think

we're not important that we build on the toll and we're I'm

anti-jal but we're we're trying and we're saying yeah in the

era in the era Pachowe this power transport law

turn throughout Pannes Pajokoy when Pendang Pidato in

Kapal we we can't build we the paradigm Nau and

we can't I'm bonguie laud, heroic with Mr. J.K. Wrault, not ever again. So, so

it's repot this. Now, with that then we're going to be able. Because transportation

the water is very much, then there's pergeracan that's dynamic, not per

pergarten, part, part, Jawa, B'i-W-T- -a-bu-a- -bu-a-oh, if,

now, Now, so, so it's the cruxioning of the transportation from the water, and the way of the water, and the two,

autonomy of the area. Because there's the area that the most I'm going to be called in March, I don't

per se, I've got to too, where I, now, I, I'd be able to give what,

I'm making the, small island region, that, that's the model model small island

development program that's the end up because it's after they're moving now if

now, now if more centralistic and transport of the land that's the portation that's just

Jawa just. So, it's, so I'm really, if I'm through Jalan

to Ruehara to Ruebao, but can we're not only Jawa. Oh, out-bias.

Oh, and you, the dynamics that will be amazing. Wow. So, so,

in Pontiana that, juice, juice, orange juice is there. There's one public orange juice in

Kalimantan Barat in Pontianak. In fact, the jerugna from there all. If I

to say, it's 10, what, a kilo, $3,000, $3,000, $3,000.

But, in here, $30,000. Where there's a country that economic interintegration, there's a disparity in the area, there's no. In Sarawak

with Dakota Lumpur, the same. Because zero-transportation cost that. Now, we'll beerkan to that. Coughbighamon, that's,

I'm sorry, that's, because I'm going to be Pontianak, I was, before pandemic, every month I to go-

the time longsat, ducu, $10,000, 3 kilo. Masha-Mah. This is $40,000, 1,000. Mastra, we can't be able to do with these and this.

Now, the effect of it automatically, you know, the name's in circulation, also, because transaction,

it's more more, so'd be saddh so if I see if I see if I see that. So,

if, isitlars it's warang barang in our non-tradit so because because of

the pay transport mahal we're in Macassar not can't getmated salakwondo

to mackalan mokos transport we we can't getmated from

MTT Jruk Soe is good when we're good very I'm

when I'm I was like I'd like to people in Soe that he gives you, he's thank you give, not ever

there in Supermarket we're in supermarket we're also we're not even we're not quite in the toko talk ofua

certain to come onks and from there and there's not there's no, the power

sohue so yeah that's not matawing there's been in Jakarta Kvaka, many can't

not more than from Papua Ju, not like, but mattoa from Jawa this we need to get in our jatite

our own behalf. Inshaulah, we're jayahua, we're just, jahy, there's, there's, there's,

there's, uh, a lot of we're just there. Okay, this is in the backer,

this, me, to do this, D'Amany-N-Fa-N-V-1-5. D'amana, for the kids who, who,

so, they're, optimistic, to the time. I, I actually, I'm not new, yeah, I'm going to use book for the generation muda that,

men who's going to be made up. I'm going to leave it. Okay. When did release in a publication? Sudha! Okay. So, before pandemic, like. Sure.

Maybe I've got to make e-book to be more, so that more, to Indonesia Amas. Manuio Indonesia Amas. Asha-ah-Lah. Okay. So, it's really for generation Z, like, generation

millennial, generation Z, is the charatat what, what I have what I have to do, the kersiapan the kids'an So if we look from Digital Transformation Index

that's the lemmae is the integration infrastructure So, so they're So, all bangun-upas, so they're going to be efficient. What I'm in there,

business agility the top-thigy. So we're sure, why, we're going toadaping perubhan, but not did topang by integration, infrastructure that

am badai. So, all in the context this, from the government, who can't work, or if work, not chardas, because there,

there, there maybe, jata, patonged that. Then, if we see from from the country

with other than other than Malaysia not the Vietnam not a person,

because what, until 2045 that, percentage of the people people, we're still

one-digit. Now, Vietnam would be belas-an. So, want investations in Vietnam, it's hard to try

the energy so far as the power productive in ASEAN it is in Indonesia 46% in 2016. In fact,

in 2030, not precisely 2045. Now, because that's that, not not the pasting

our, which, the potensy that market that will be not, number one, the one,

the one, India, number two, India, Number three, we're... Number four, Nigeria. This, this, this, they're not... Cudahitam.

It's a good, could... Cudahitam, so... And, if I see in CNN, that, what, that, what, Africa, focus Africa, it's... Wich, me'reerry, you to look, look, what, what, Ophopperkempan-Bekyopia,

what's what, then... Eritria, not. Now, then, then, what we're... ...and then, if we look, if we don't use this, we don't

manpowering this, we need to we have to come out from business as usual, then, Ms. Gita, don't know that that will be in the number of times we'll bea-tunned-as-alleged by Philippines, and not until 10 years, we'll be susul

by Vietnam. If we're just like this, so we're not going to be this and I believe that the potency we're great-upacity

our power of our power of our-biasa create-clim that conducive I also want, you know,

my son-sail in Indonesia but I can't be able to make-kang if he feels not puas

because he's professionalism he's not be-hargai the personination who are not-sehart, who's not being so,

two of my work, yeah, not in Indonesia, I'm so-e-e-lawed. Now, I want my son my child,

also, I want to come back to Indonesia, but please, Aya, don't work in the place where, that's,

that they're want, they want, they have value They have commitment new, anti-corruption, you know, out of course, that's a big of

people who are in prison, you know, not as well as well as but, they're amit-amid, they're not going to work in WOMN, like,

ayahs, right, this, say, talenta that's like this. So, we're we've created, wadda, wadah,

We're up, we're put up, so that, inshawlou, that's all that. But in-shaulah, what, the only thing, not really, well, medical anthropology, what, this is, just, yeah, it's, yeah, just, he'll, he, man,

people who are people who are people, did not, decucil-ed, If there, if there's been a lot of money, if I'm not going to be able to be able to come. I'm going to be able to give room, that, for people who have

talent that's better. Muggen, not, in 2004-5, tax ratio we're at at 30%, ratio credit to be at $100, stock market, to add PDA, 100% to the other, money be redar to the PDB in a 100% in 2000?

All this, kind of ibaratn we're panend. Panend durian, like. So, durian, it will be quality-tank if

bibit-neungul. Then, we put-pup, we're surami, we're plererer with a good. So, So the result of that, what we said was the result of our, from now, manname it.

So, then, tanaml, bibbibit ungul, it's now, so like, industry, parts and components. Because it's a certain, diagnosis if we want to run import, then, turn can't let's detergantungan parts and components. Now, if we're not,

import, this, but although the other of consumption is just 10%. But that's just that we're hambud, like, buy handpone in the world not-bole, like that's not like that's like that's like that's pretty it. But that's just 10%. Now, we're going to from the 75%.

We're building a, a, o, o, o, the area, everywhere. But if we're going to build the area and business in other, the industry not there. But if thematic, if in Sulawesi,

can be mobile rotan, why? Mabel Rotan in Sulawesi is, while this in Chirubon, because on kos-angut from Sulawesi to the world

the world's mahal. So, they're, then, yeah, it's in Chirbon, it's, because, because, what, transportation from Sulawesi, so-susas.

So, with that, in-sha-ul- will be in-sha-ul- will be true the economy that more than

that's the the drug more than more than-mach- because it's not possible. Even,

barang-kali tax-resio our, don't be 30% if, I think, yeah,

because I I think that text that's not need need to need

to need to be 25% I think to give to give

welfare state because I'm more more more more I'm

more that what that by the Prophet Muhammad

that in Islam, isqat that's just 2.5%. Wow, this,

if in the right, if in the world, 2.5%. Because what? Because the keyakinant

that the world society is the people are the most know the way to

make put money. The country only had to be safety nets. In Islam it,

is called Ba'Ulma. Ba'Ulma to help people who are people who are people who are people who are miskin.

Now, then, the second, the concept that's interesting in Islam is, uh, the activities

that are not productive in, it's inaction payback more than payback. If, Tuhan,

not adil. Sawah that not irrigation, did can't payack two-cally-lipat from the irrigation. Because the result-notes-res-a-hick,

why, why, it's the way to payagued more. Because, Tuhan-Marat, has been caruniae the kaihan-alam that good, but not not-d-rought-d-d-product-product-ness. So, if the productivity-nessnesses-latt for the people, also a little. Harga-harga-pang-a-pang-a-lap-res.

So, for the amount, it should be given-scentive. Now, so, you know, go. for the activity productive in the payakins

more a bit more than it's a more than I think that's that

if I'm what I'm whatever the spread benefit that will be more more than

I'm now I think I think also share this Ms.

If we if we look democracy not always make result

the amount in America because the most unequal country is America

yeah one person people people people have under over

40% people national that that that arrangement economy

now but there one that I'm there don't

I'm much tax rate that the high Scandinavia.

The tax rate the top is Scandinavia. But they're democracy good, happiness index is good, human development index

is good, inclusiveness good, so much so much aspect physical and mental and

the aspect the other but payact is that I can reconcile Pajag, although the PAMAMHSA,

it's very much to be able to maybe there's Jensis Jensis Pajax Lainavia, which I think I'm a model that so, well-fair state,

version of my I'm being welfare state that the tax not the stankanifia or Nordic that. Democracy,

has been in in Indonesia, in 2004, 5? The question the last There's no, there's that can't ambate democracy that's more substantial.

So, not just democracy procedural, but democracy we're topang by the power of the class menh

class menh, class menh, we're small, we're going to probably not up 20% from total people. The end-tombach that merawat democracy or

them, majucing democracy, there is class menh and class menhengah that more the more more,

the class pekerja. Now, class we're too tipis, very tipis, the, The tipis this is out of the world-biasa,

but the circuit-pecure that that will beacepard process, because they're critical, they're being the guard top-de-pan in the economy this. If we look, class we're in 2045 is a class of the perkerja

that's been better, not that not up mut-mutek UMP again, but there's one mechanism where, then, then, will be democratization economy in the form ownership in the company. So, I believe that, the next thing, the concept of collaboration,

it will be more bebeamang. Because, for what, automatically they will be able to the nassi if they're partied from the people

people who are that the that's the time I'm taking that's the first thing that's what what's,

democracy economy democracy, the process that process that's like that then, now,

then, the, the, the, the, the, not abaically

the abeyed that's aspiration from generation more the

people, they need need to fairness, but to the power and

the end up which, which in the quality democracy that

more more more more and alhamduil and um

umbate the generation pengambat, that's all, they've been called, all. So, they're not

have been of the aband the general patrimonialism, and the more longer, will be, it will be,

it will be being melemah, that. That's Indonesia, the time of the but that all, this in, this

2004-5, it's just 20, not to, 30, So, we're not to be brought from now. Because window of opportunity to have a badas now.

If we're left, even when it's far as much from the other than the other than, more than in the bayang of my own. What's already in 2014 is we're in middle-income trap that. We're not going to where. Ancaman is really very big.

is the three indicators. First, is a number of people who are the people who are pediccans secondary and terseer to have total

people. Then, the second, the two, is content technology in the export our, the three,

is inequality. So, from various studies, middle income trap that's actually in the country that three indicators this is bad. Now, if we're looking, what's got, the name's,

content high-tech in the export, manufacture, we're just 8%. We're at the second. We're under two after Myanmar. If I see, I'm taking high-tech and medium-tech

kira-kir-kir-kir-kir-30%. And trend-turned, all. Now, this is I'm that I'm not not, industrialization that's be galacan, not with the other other than, but it's

if you're from the other from there, is not a lot of in Indonesia, not per-saim, one of them, so, we're just we're

up. Transformation, one, one of one, what we're going to what we're doing, transformation.

Wow. Thank you very. Sami, Sami, and we'll have to be it all of the same. And... Optimism... ...that critical, yeah. We're optimistic, we're sure,

because we have... ...kelenquipan that we're meday... ...that we have to be... ...cuncichin-shallah, to be inspirations. Thank you. ...it... ...it...

So, my friends, that's Vaisal Basri. Thank you. This is Endgame.