The public hostility towards Jokowi's biggest 'big bang' reform

Economic growth, job creation possible only with industrial peace and fair distribution of gains

People protesting against the Indonesian government's omnibus law in Jakarta on Thursday. If unions continue to hold protests to demand higher wages and more generous welfare benefits when the country is in a coronavirus-induced recession, then their action will be counterproductive, says the writer. PHOTO: REUTERS
New: Gift this subscriber-only story to your friends and family

It is unfortunate that most headline stories about the newly passed Omnibus Law on Job Creation have singled out the most controversial of the thousands of provisions in its 905 pages, only to contribute to the public hostility towards what should be lauded as the most comprehensive "big bang" economic reform ever launched.

More than 90 per cent of the law is designed to stimulate domestic and foreign investment by removing bureaucratic inefficiencies and excessive licensing requirements as well as opaque, overlapping and contradictory regulations that have long hindered competitiveness.

Already a subscriber? 

Dive deeper at $0.99/month

Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • 2-week e-paper archive so you never miss out on any topic that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Sunday Times on October 11, 2020, with the headline The public hostility towards Jokowi's biggest 'big bang' reform. Subscribe