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Nobel Laureate in Economics Calls Cultural Wealth an Important Asset for Indonesia

2026-08-31

Nobel Laureate in Economics Calls Cultural Wealth an Important Asset for Indonesia

Professor James A. Robinson, the 2024 Nobel laureate in Economics, offered a positive perspective on Indonesia's future. According to him, the nation's long historical experience and cultural wealth are valuable assets for the country in facing global challenges.

In his statement, Robinson emphasized that every country has a unique path to achieving economic progress. He believes that Indonesia does not need to blindly imitate the development models of other countries, but rather should leverage the local values that have existed for a long time.

The cultural wealth and diversity present in Indonesia are considered a strong foundation for building inclusive institutions. By understanding its own history and culture, Indonesia can create policies that are more targeted toward the welfare of its people.

Furthermore, Robinson highlighted the importance of adaptation in facing the rapidly changing world. He argued that social stability supported by local wisdom will help Indonesia remain resilient amidst global economic uncertainty.

In conclusion, the views of this international economic expert serve as a reminder for the Indonesian people to continue preserving their cultural identity. Cultural wealth is not merely a legacy of the past, but a primary asset for achieving progress in the future.

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