Indonesia's Declining Middle Class: A Warning Sign?

September 18, 2024·
Krisna Gupta
Krisna Gupta
· 1 min read
event Economics

I was invited by The Conversation Indonesia to discuss the declining middle class trend. We discussed why this is happening and how significant the implications are for Indonesia’s economy. Personally, I believe the declining middle class trend should serve as an alarm for all of us.

Krisna Gupta
Authors
Lecturer

My name is Krisna, some call me Imed. I am an advisor at the Indonesian National Economic Council. My research is about trade and investment policy and how it affects Indonesian firms. I use some structured equation such as GTAP model, but also do some empirics like gravity models.

I lecture at Universitas Indonesia. Additionally, I assume a senior fellow position at Center for Indonesian Policy Studies.

I contributed to several projects with Bank Indonesia, Bappenas, ADB, Prospera, and ERIA, among others. Occasional oped writer, typically at Kompas, Jakarta Post and East Asia Forum. Please see CV or contact me for more information.