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The Future Of The Social Protection System In Indonesia : Social Protection For All
Indonesia was among the few countries globally to experience an average growth rate of approximately 7 per cent annually prior to the Asian economic crisis. However, this dropped to approximately 5.6 per cent a year between 2007 and 2016, signaling the need to stimulate the economy, generate demand and increase consumption. Furthermore, while government efforts have had a positive impact in reducing the official poverty rate, the pace of poverty reduction has been slowing down. Even households living above the official poverty line are still subsisting on vulnerable incomes and are still susceptible to falling back into poverty. Household incomes are highly dynamic, as people react to shocks and crises, and respond to opportunities
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