Publications
Evidence with a purpose.
Reports, policy briefs, press releases, books, and public commentary in one searchable archive.
Over-the-Top Industry Governance in Indonesia
The Over-the-Top (OTT) industry, widely referred to as digital platforms in Indonesia, has become the backbone of the national digital economy, yet its fiscal contribution still falls far short of the economic value it generates. This study finds that with digital transaction value reaching approximately Rp1,350 trillion, digital tax revenue amounted to only Rp32.32 trillion, producing a digital tax coefficient of 0.27, a figure that reflects a systemic failure to capture digital economic value
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Academic Paper on the Development of Venture Capital Financing and Tax Incentives in Indonesia
Indonesia’s venture capital industry holds significant potential to drive innovation, digital economic growth, and job creation. As an alternative source of financing, venture capital plays a critical role for startups and MSMEs that often struggle to access bank financing due to collateral requirements. This role is particularly important given that MSMEs contribute more than 60% of Indonesia’s GDP and account for approximately 97% of total employment, yet only around 30% have access to formal
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Maintaining the Sustainability of Indonesia’s Online Lending Ecosystem
The online lending industry (Pindar) has experienced rapid growth in recent years, making a significant contribution to national financial inclusion. Through inclusive regulations, Pindar services have helped individuals and micro, small, and medium enterprises (MSMEs) that remain underserved by the formal banking system, while also providing investment opportunities for both individual and institutional lenders. However, along the way, the Pindar industry has faced serious challenges due to th
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Prabowo–Gibran’s 1-Year Performance Report Card
One Year of Prabowo–Gibran: A Failing Grade from the Public CELIOS releases the results of its Evaluation of the First Year of the Prabowo–Gibran Administration, assessing program achievements, leadership, budget governance, policy communication, and law enforcement. The evaluation was conducted through a panel survey of 120 journalists from 60 national media outlets and a public survey of 1,338 respondents across Indonesia. The results show failing grades in almost every sector. Prabowo Subianto received a score of 3 out of 10, Gibran
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