Congratulations, Indonesia, You’re in Your Prime! (Please Don’t Sleep Through It)

Indonesia is in its demographic sweet spot. But time is short. This piece explores what happens if the country fails to act before the window closes.

Indonesia, congratulations are technically in order. You’ve arrived at that rare and coveted moment economists call the demographic bonus. Your working-age population is swelling, the dependency ratio is as flattering as it’s ever going to get, and the numbers on paper look... well, optimistic. In demographic terms, this is your golden hour. But as any …