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10th10th Annual International Forum on
Economic Development and Public Policy

“FINDING NEW SOURCES OF GROWTH TO

RECOVER STRONGER”

1 - 3 December 2021  |  Indonesia

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Milestone

AIFED (Annual International Forum on Economic Development and Public Policy) is a “melting pot” of policy discussion, designed to bring academics, economists, professionals, and policymakers in one platform for the purpose of discussing and proffering workable solutions to the most fundamental problems arising in the nation. This forum is organized by Fiscal Policy Agency of the Ministry of Finance of Indonesia, and has been highly supported by various development partners. AIFED has brought the most sought-after topics in the last decade.

2011
Transforming Capital Inflow into Real Investment through Sound Fiscal Policy
2012
Financial Stability through Effective Crisis Management Protocol and Inter-agency Coordination
2013
Avoiding the MIT: Lesson Learnt and Strategies for Indonesia to Grow Equitably & Sustainably
2014
Growth Strategies for Rising Indonesia
2015
Fiscal Reform to Support Strong and Equitable Growth: Striking The Right Balance
2016
Unlocking Public and Private Investment: Role of Financial Sector
2017
Riding the Waves of Technological Change: The Way Forward to Drive Productivity and Alleviate Inequality
2018
Building for the Future: Strengthening Economic Transformation in Facing Forward Global Evolution
2019
Thriving Indonesia: Reinforcing Strategies to Boost Productivity and Increase Competitiveness

10th AIFED

December 1 - 3, 2021

Reform, Rebuild, Regain:

Finding new sources of growth to recover stronger

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“Rebuilding after (during) COVID-19 shouldn't mean going back to how things were”

World Economic Forum (2020)


“It is a certain that pandemic will lead to permanent shifts in political and economic power in ways that will become apparent only later” (Stiglitz et al, 2020). Pandemic has resulted a significant impact on how people interact, how businesses promote products, and, somehow, how policymaking process is conducted. Pandemic has also triggered a gap widening between emerging and advanced economies. Global solidarity has been intensively promoted, while protectionism has been heatedly debated since prior to pandemic.

This phenomenon has been adding burden to Indonesian long term structural economic issues. Heavily relied on raw commodities has been hampering Indonesia’s economic growth for decades. At the same time, demographic dividend can be seen as a curse if the economy fails to boost labor market, both quantity and quality. Therefore, to date is unlike any other normal days at work. Extra effort on reform agenda will be the key to rebuild and regain.

The 10th AIFED will serve as an important forum to look deeper and to deliberate the true gems of Indonesian new economic resources. The discussion will take into account potential in the aspects of people, product, place, and policy.

Opening

1st December 2021, 08.30 – 09.00 WIB (GMT+7)

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MC Opening

Timothy Marbun

News Anchor, Kompas TV

Opening Speech

Prof. Suahasil Nazara

Vice Minister of Finance, Republic of Indonesia

Opening Remarks

H.E. Penny Williams PSM

Australian Ambassador to Indonesia

Opening Remarks

Ahmed M. Saeed

Vice President of Asian Development Bank

Keynote Lecture

Session 1

Driving the development ecosystem of innovation-driven product

Moderator

Timothy Marbun

News Anchor, Kompas TV

Speaker

Prof. Keun Lee

Professor of Economics at the Seoul National University

Topics Covered:

  • How do countries encourage innovation as new source of growth?
  • What is the current heatmap of innovation-based economy globally? Is there any room for newcomers, like Indonesia, to be in the competition?
  • How to protect newly developing sector?
  • How government should take position in spurring new potential sector?
01

December

09.30 - 10.30 WIB (GMT+7)


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Session 2

Spurring new potentials of greener economy

Moderator

Dian Lestari

Director for Climate Change Financing and Multilateral Policy

Speaker

Prof. Paul Ekins

Professor of Resources and Environment Policy at University College London

Topics Covered:

  • How does the pandemic affect global awareness in reshaping policies to be more sustainable-economic friendly?
  • How to capitalize on green economic potentials to be a new source of growth, especially considering economies that have been heavily relied on raw commodities extraction?
  • How to promote a balanced development of sustainable economy in emerging countries (e.g., in terms of financing capacity, structural transition, and community-driven)
  • How should the government take a position in promoting a green economy politically and publicly?
02

December

19.00 - 20.00 WIB (GMT+7)


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Topic 1: Global Consensus in Stimulating New Growth Path

1st December 2021, 11.00 - 12.00 WIB (GMT+7)

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Topics Covered:

  • Economic restructure due to COVID-19 pandemic
  • Changing patterns of global trade
  • Rising awareness on developing green economy

Moderator

Kiki Verico

Ministry of Finance

Expert Staff to the Minister

Panelist

Kaushik Das

McKinsey & Company

Senior Partner and Managing Partner, Southeast Asia

Prof. Warwick McKibbin

Australian National University

Professor, Economist

James P. Walsh

International Monetary Fund

Senior Resident Representative for Indonesia

Topic 2: Seizing Emerging Opportunities to Accelerate Economic Transformation

1st December 2021, 14.00 - 15.00 WIB (GMT+7)

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Topics Covered:

  • Indonesia’s potentials in coping with new normal economic structure: manufacturing and services
  • Capitalizing rising valuation of natural asset: downstreaming natural resources and reaping benefit on environmental action
  • Channeling investment to accelerate structural reform

Moderator

Titik Anas

Ministry of Finance

Special Adviser to the Minister

Panelist

David Nellor

PROSPERA

Director

Ridha Wirakusumah

Indonesia Investment Authority

CEO

Prof. Ahmad Erani Yustika

Vice President Office

Deputy for Economic Policy Support and Competitiveness Enhancement


Topic 3: Unlocking Indonesia Labor Market Potential in The Midst of Global Structural Change

2nd December 2021, 10.00 - 11.00 WIB (GMT+7)

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Topics Covered:

  • Global trend on labor market
  • Indonesian labor market: Reducing learning gaps & skills mismatch, including to accelerate up skilling & reskilling program
  • Human capital enhancement program: challenges and way forward

Moderator

Julia Tijaja

PROSPERA

Head of Markets and Competitiveness

Panelist

Denni Puspa Purbasari

PMO Kartu Prakerja

Executive Director

Maria Monica Wihardja

World Bank Group

Economist

Kazutoshi Chatani

International Labour Organization

Employment specialist

Topic 4: Social Capital in bolstering strong, inclusive & sustainable growth 

2nd December 2021, 13.00 - 14.00 WIB (GMT+7)

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Topics Covered:

  • Indonesian characteristic and social capital: productive or counterproductive?
  • Demographic window opportunity: how to optimize it and female opportunity in future labor market
  • Best-fit policy scheme according to Indonesian people characteristics

Moderator

Asep Suryahadi

SMERU Research Institute

Senior Research Fellow

Panelist

Zulfan Tadjoeddin

Western Sydney University

Associate Professor

Turro Wongkaren

Center of Demography Universitas Indonesia

Director

Suraya A. Afiff

Indonesian Anthropologists Association

Director


Topic 5: Developing livable and productive regions

3rd December 2021, 10.00 - 11.00 WIB (GMT+7)

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Topics Covered:

  • Global trend on developing liveable and productive cities (including effective urbanization)
  • Integrating sustainability and livability principles in infrastructure development
  • Best practice in promoting a more sustainable-economy-friendly city

Moderator

Prof. Djoni Hartono

Universitas Indonesia

Professor, Economist

Panelist

Srinivas Sampath

Southeast Asia Urban and Water Division, ADB

Director

Henri Blas

Global Infrastructure Hub

Chief Content Officer

Topic 6: Regional Development in Boosting Aggregate Growth: Indonesia Case

3rd December 2021, 14.00 - 15.00 WIB (GMT+7)

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Topics Covered:

  • Bolstering productivity through industrial agglomeration & effective urbanization
  • Indonesian’s potential in promoting a more liveable and more sustainable regional development
  • Developing region-based policy to support inclusive and sustainable economic growth

Moderator

Prof. Candra Fajri Ananda

Ministry of Finance

Special Adviser to the Minister

Panelist

Yogi Vidyattama

University of Canberra

Associate Professor

Prof. Budy P. Resosudarmo

Australian National University

Professor, Economist

Sumedi Andono Mulyo

Ministry of National Development Planning

Director of Spatial Planning and Disaster Management


Executive Policy Dialogue

3rd December 2021, 17.00 - 18.00 WIB (GMT+7)

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This session is a flagship session when leaders discuss appropriate policies to promote emerging issues. At this opportunity, discussion will be worked towards the necessary intervention to support the development of new source of growth. Emerging issues include: (1) addressing the potential of “living with endemic”, (2) adjusting to the transformation of global economic and trade structure, (3) policy commitment in promoting green economy.

Moderator

Melissa Wells

PROSPERA

Deputy Director of Partnerships and Performance

Panelist

Febrio Kacaribu

Fiscal Policy Agency, Indonesian Ministry of Finance

Chairman

Dr Jenny Gordon

Centre for Social Research and Methods, Australian National University

Honorary Professor

Ramesh Subramaniam

Asian Development Bank

Director General, Southeast Asia Regional Department

Leader’s Podcast

Not all the market segment has been touched by the conventional media. Digital platform is the place where most generations have been engaged more these days. On the other hand, the government has plenty agenda to be disseminated to public, including structural reform as well as fiscal reform to a more sustainable and adaptive budget in long run.

Topic:

Fiscal Policy Dynamics to 2045

1st December 2021, 19.00 – 20.00 WIB (GMT+7)

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Speaker

Sri Mulyani Indrawati

Finance Minister of The Republic of Indonesia

Host

Gita Wirjawan

"Endgame"

Board's Session

What sectors does attract the private sector most? What is the underrated gems that will be shining in the future? Private sectors’ may target sectors that have been rising during the pandemic. Sectors that can be potentially crucial in bolstering future economy.

Topic:

Attracting Investment on Indonesia’s Hidden Gem

3rd December 2021, 08.30 - 09.30 WIB (GMT+7)

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Moderator

Ani Natalia P

Ministry of Finance
Head of Matraman Tax Office

Speaker

Roderick Purwana

East Ventures
Managing Partner

Inspirational Figures

Showcasing local potentials has been AIFED’s flagship in the past three events. Businesses that values the use of domestic resources and empower people have been given opportunity to tell their story.

Topic:

Seizing the opportunity of the new source of growth and tackling the challenge for sustainable Indonesia

2nd December 2021, 15.00 – 16.00 WIB (GMT+7)

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Moderator

Dimas Nurdy P.

Ministry of Finance
Policy Analyst

Speaker

M. Bijaksana Junerosano

Waste4Change
Founder, CEO

Speaker

Dian Prayogi Susanto

Habibi Garden
Founder

Speaker

Hanna Keraf

Du Anyam
Co-Founder

Map of Indonesia

Future of Indonesia

When comedian meets experts, new perspectives would emerge. Fresh ideas, bold dreams, and blunt statements are needed to enrich the policymaking process. Besides, comedy is also needed to open creativity in policy discussion. On the other hand, prosperous Indonesian in 2045 is more than government dream, but also everyone. Casual talk show between comedian and top economist will be a new feature in 10th AIFED discussing the pathway to our dream in 2045.

Topic:

Our Dreams Toward Indonesia 2045

3rd December 2021, 19.00 – 20.00 WIB (GMT+7)

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Moderator

Wignyo Parasian

Policy Analyst, BKF

Speaker

Prof. Arief Anshory

Professor, Economist, Universitas Padjadjaran

Speaker

Abdur Arsyad

Public Figure

Call for Ideas

AIFED has been the platform to provide ideas. This 10th event will also serve as media for broader opportunity for everyone (government official, academia, student, practitioners) with fresh ideas on enhancing new source of growth. Participants will be given 7 minutes to present and will be recorded and highlighted in the event platform as on-demand clips.

Call for Ideas Award

02

December
08.30 - 09.00 WIB (GMT+7)


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supported by:

Logo Australian Government Logo Asian Development Bank