In this juncture, we are arriving at the point why domestic economic strength needs to be increased, and the effective way to do it is by rising its own growth potential. Monetary and fiscal policies are mainly aimed at supporting demand, but demand cannot be optimized if structural problems are not addressed well.
Therefore, I believe it is timely for policymakers in emerging economies, Indonesia included, to focus on structural reform to boost economic growth in a sustainable manner. Growth dynamic analysis 16. On that note, it is important to point out that reform needs will differ from one country to another.