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Indonesia's productivity lower than ASEAN countries.
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Answer the following questions:
1) In your opinion, does low labor productivity contribute to the competitiveness of the Indonesian economy? Why is that?
2) Recent research has found that new technologies will increase productivity but will reduce job opportunities. Explain the link between the use of technology, productivity, and unemployment, if it occurs in Indonesia.
3) The slowdown in labour productivity may reflect growing inequality between large/medium companies and SMEs at the root of the problem. Or the unequal distribution of resources. Using Fiscal and monetary policies, what can the government do to encourage improved labor productivity especially during the pandemic?
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