[Indonesia’s Middle Class is at a Crossroads] 🇮🇩
After two decades of steady expansion, the share of the Indonesian middle class has now shrunk for the past six years, with millions slipping back into vulnerable aspiring category.
This debate must be situated within Indonesia’s broader economic problem: premature deindustrialization in the form of declining share of manufacturing in GDP, and the mounting pressure to generate productive employment at scale. Against this background, hilirisasi has become the most visible policy response. The key issue is whether hilirisasi can move beyond mere commodity upgrading and become a stepping stone towards a broader and more inclusive reindustrialization strategy.
Come and join the seminar by Industrial Policy Lab Indonesia in collaboration with PPI UK, hosted by the Embassy of the Republic of Indonesia in London.
📌 Designing A Growth Strategy for the Middle Class: Reindustrialisation, Hilirisasi, and the Future of Indonesia’s Middle Class
Speakers:
• Dr. Muhamad Chatib Basri
@ChatibBasri
Economist, Academic, and Former Minister of Finance of Indonesia, 2013–2014
• Dimas Muhamad
Incoming PhD Student at the University of Cambridge and Advisor to the Minister of Energy and Mineral Resources
🗓️ Monday, June 22 2026, 17.00 - 19.15 BST
📍 Hybrid, Embassy of the Republic of Indonesia (KBRI), London, United Kingdom (livestream tba)
Register now, limited space!
🔗
bit.ly/seminarPPIUKxIPL