INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE
Vol. 1 No. 2 (2023): November

ECONOMIC TRANSFORMATION OF INDONESIA IN THE ERA OF DIGITAL 5.0: CHALLENGES AND OPPORTUNITIES

Adih Supriadi (Universitas Sultan Ageng Tirtayasa, Indonesia)
Loso Judijanto (IPOSS Jakarta, Indonesia)
Ahmad Rizani (Universitas Palangka Raya, Indonesia)
Al- Amin (Universitas Islam Negeri Sjech M. Djamil Djambek Bukittinggi, Indonesia)
Zulkifli Zulkifli (Universitas Muhammadiyah Kendari)



Article Info

Publish Date
06 Nov 2023

Abstract

Indonesia, a nation at the crossroads of economic transformation, is confronted with a unique set of challenges and opportunities in the era of Digital 5.0. This paper explores the implications of Digital 5.0 on Indonesia's economic landscape, emphasizing the key challenges and opportunities. The challenges encompass the digital divide, regulatory complexities, cybersecurity risks, and the imperative of a skilled workforce. These challenges necessitate a collaborative and forward-thinking approach involving government, private sector, and civil society. On the flip side, Indonesia's digital economy offers opportunities in e-commerce, fintech, startups, smart manufacturing, and e-governance, paving the way for innovation, job creation, and inclusive growth. The path forward involves bridging the digital divide, crafting a conducive regulatory environment, investing in cybersecurity and education, and promoting entrepreneurship. Indonesia's success in this transformative era hinges on its ability to navigate the evolving digital landscape and position itself as a global economic force.

Copyrights © 2023






Journal Info

Abbrev

ijle

Publisher

Subject

Economics, Econometrics & Finance

Description

INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE) is a scientific journal that publishes articles in the Business field includes conceptual ideas in the fields of Economics, Accounting, Management, business. The scopes are Human Resource Management, Marketing Management, Financial Management, ...