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Anticipating the demographic bonus from the perspective of human capital in Indonesia

Author

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  • Dewi Adriani

    (anagement Study at Faculty of Economics , Universitas Indo Global Mandiri (UIGM), Jl.Jenderal Sudirman No. 629, Post Code: 30113. Palembang, Indonesia)

  • Tien Yustini

    (, Faculty of Economics, Universitas Indo Global Mandiri (UIGM),Jl.JenderalSudirman No.629, Post Code: 30113 Palembang, Indonesi)

Abstract

The purpose of this paper is to investigate and analyze the demographic bonus from the perspective of human capital in Indonesia. This research methodology uses qualitative methods and uses literature and documentation study techniques. This research data comes from secondary data sources, based on literature studies, and is analyzed descriptively qualitatively which emphasizes the use of scientific logic. The results of the study found that Indonesia is in a very good demographic bonus position, and is expected to be able to take advantage of the age structure, especially the portion of the productive age which has the potential to be the main driver of economic growth. Therefore, the government must have a supporting policy to encourage economic growth by having a strategy and implementing competency-based training (CBT) through the implementation of Deming's (1986) plan-do-check-action (PDCA) as a human resource development program that includes material for integrating technical skills and competencies in the form of skills, competencies, and the right point of view or character to make students become professionals. On the other hand, the government is expected to be able to create jobs and open up a wide work environment for young people, the workforce skilled as human capital. Key Words:Demographic Bonus, Human Capital, Competency-Based Training (CBT), Deming's (1986) plan-do-check-action (PDCA), Economic Growth, Indonesia

Suggested Citation

  • Dewi Adriani & Tien Yustini, 2021. "Anticipating the demographic bonus from the perspective of human capital in Indonesia," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(6), pages 141-152, September.
    • Handle: RePEc:rbs:ijbrss:v:10:y:2021:i:6:p:141-152
    DOI: 10.20525/ijrbs.v10i6.1377
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    References listed on IDEAS

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    1. David E. Bloom & David Canning & Günther Fink, 2010. "Implications of population ageing for economic growth," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(4), pages 583-612, Winter.
    2. Emilio Colombo & Luca Stanca, 2014. "The impact of training on productivity: evidence from a panel of Italian firms," International Journal of Manpower, Emerald Group Publishing Limited, vol. 35(8), pages 1140-1158, October.
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