Policy simulation in our growth diagnostic research indicates the importance of resolving these human capital and infrastructure issues for growth acceleration process. Bank Indonesia found that modest increase in electricity capacity and human development will each enhance growth of around 0.25% per year, while enhancement in the quality human capital will contribute to an increase in employment of around 0.50%.
Ladies and gentlemen, Policy priorities 28. To address the existing challenges, I believe we have come to a common understanding that reforms to improve the economic structure should be underlined and properly implemented. Cyclical policies from monetary and fiscal domains remain indispensable indeed, but not sufficient as it only responds to short term recurrent symptoms. BIS central bankers’ speeches  3  29.