Overview
The world is going through rapid technological advancements, impacting industries, global value chains, and consequently, Indonesia’s economy and labor markets. This rapid modernisation is creating exciting new business and job opportunities for economic growth, poverty reduction and human development. However, automation is anticipated to displace traditionally unskilled, blue and white collar labor, creating labor force vulnerability, particularly amongst urban lower-middle classes and the working poor.
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Overview
In recent years, a synergy between Indonesian entrepreneurs, venture capital, government and angel investors has brought Jakarta as an “Emerging Ecosystem” that has produced homegrown unicorns. The unicorns have given economic opportunities to the underserved through marketplace, logistic services, ride hailing and improved the country's financial inclusion.
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2023 GoTo Impact Foundation