The big picture
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Indonesia is an economic powerhouse located right on our doorstep. It has an economy larger than Australia and is tipped to be the fourth largest economy worldwide by 2040.
Indonesia benefits from a ‘demographic dividend’— half of its population is aged under 29 years old.
Indonesia has a burgeoning middle class with 45 million members of the consuming class. By 2030 there will be 135 million members of the consuming class.
Since 1998, Indonesia has undergone a remarkable political, economic and social journey:
- 4 peaceful democratic political changes
- Remarkable stable economic performance averaging 6.2 per cent over 10 years
- Flourishing civil society with a free press, maturing institutions and lower corruption
Indonesia has a consumer-driven economy with a high rate of consumer spending (61 per cent of GDP). This will increase in the future as more Indonesians move to cities— an estimated 71 per cent will live in an urban setting by 2030.
Indonesia is switched on and engaged — data from Socialbakers lists Indonesia as the world’s fourth biggest user of Facebook with over 48 million members. In 2012, Forbes Magazine named Jakarta as the world’s most active city on Twitter in terms of posted tweets. Mobile phone penetration is such that the subscription rate to population is 1:1.
Exciting opportunities in Indonesia include:
- Consumer services: forecast to grow at 7.7 per cent CAGR to reach 1.1 trillion in revenue by 2030. Major drivers are financial services, food and beverage, leisure sectors.
- Agriculture and fisheries: revenues expected to grow at 6 per cent CAGR to reach $450 billion by 2030.
- Resources: Indonesian energy market expected to grow at 7 per cent to be worth $279 billion by 2030.
Australian business now has a rich opportunity to invest behind innovative and rewarding business endeavours in Indonesia — in fact, McKinsey Global Institute estimates that by 2030 there is a potential $1.8 trillion business opportunity in Indonesia.
Australia’s ability to seize these opportunities is at a tipping point.
In 2012, 20,000 Indonesians students studied in Australia. Only 50 Australians studied in Indonesia. In 2009 fewer Australians were studying Indonesian in Year 12 than in 1972.
According to an Asialink-Australian Industry Group survey, less than 380 of surveyed businesses had board members or senior executives who could speak an Asian language or who had experience in Asia.
The Australia-Indonesia Youth Association is committed to arresting this trend and raising the level of our engagement with Indonesia through the strengthening and deepening of the Australia-Indonesia relationship.
We need your help to make this happen.
The Conference for Australian and Indonesian Youth (CAUSINDY) will take place in Canberra during October 2013 and will comprise 15 talented representatives aged 21—35 from Indonesia and Australia.
The theme of the conference is: Our Turn to Decide. The conference will be focused on key issues in the Australia-Indonesia relationship and what young people have to say about them.
CAUSINDY is designed to be active, productive and directed
- Create a platform for dialogue Provide young leaders opportunity to connect with each other and with leaders from government, business and academia.
- Shape new ideas Re-imagine the relationship from what is today to what it should be ‘tomorrow’.
- Act as a catalyst for change Deliver conference-wide recommendations to serve as an input for policy,
business and academia.
There will be a strong focus on outcomes: specific and detailed conference recommendations will be targeted towards informing and shaping meaningful policy development.
Delegates will be leaders in different fields, with a demonstrated knowledge of the key issues involved in the Australia-Indonesia relationship.
CAUSINDY will provide a powerful opportunity for future leaders to network and gain exposure to different viewpoints and ideas.
How is CAUSINDY unique?
CAUSINDY is not just another youth conference. Our delegates will be involved in high level analysis and consideration of key issues in order to create concrete proposals for change.
How CAUSINDY will become a bold agent for change
|Limitations of other conferences for young people||How CAUSINDY will promote concrete outcomes|
|Insufficient topic knowledge amongst delegates to draw informed conclusions||Delegates will be older and established leaders in a field.
Intensive recruitment process.
Delegates will be required to pre-read conference materials.
|Delegates cluster into like-minded groups||Delegates will be pre-selected into diverse groups.
There will be an emphasis on canvassing a broad range of opinions in order to formulate recommendations.
|No conference objectives or requirement for output||Each group will be responsible for creating specific recommendations.
The conference will then collectively submit recommendations to government and business councils.