✉news BusinessEconomy first seen 20 h ago, last 10 h ago, peak #10
Care economy seen as Indonesia's next growth engine
Original: The care economy could be Indonesia’s next growth engine
Indonesia's care economy — childcare, eldercare, and related services — is being pitched as a potential driver of the country's next phase of economic growth. Analysts argue that rising demand for care services, combined with a large working-age population, could create jobs and boost female labour force participation. Discussion centres on how policy and investment could unlock this underdeveloped sector.
Why now: Attention on Indonesia's economic prospects is drawing fresh focus to the care sector as an untapped source of growth.
IndonesiaEast Asia Forumcare economy
Evidence
- The care economy could be Indonesia’s next growth engine · East Asia Forum
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