Hal Hill, 2020. " Indonesian Living Standards over 50 Years: A Multidimensional Analysis ," Asian Economic Journal, East Asian Economic Association, vol. 34 (3), pages 249-274, September. There is a continuing debate on the measurement of living standards, especially in developing countries. The proliferation of social indicators in recent
In a country that is spread out in more than 13,000 islands in the southern part of Asia, Indonesia has a population of roughly 267 million people. This makes Indonesia the fourth most populated country in the world.Of these 267 million, an estimated 10 percent found themselves living in poverty throughout the country in 2017. With the hopeful expansion for opportunities for economic growth The latest surveys show nearly 65% of expats say their household income is more than enough to live comfortably in Indonesia. Moreover, a total of 73% of expats have a positive view of the cost of living in the country - in fact, the latest reports say a couple can live comfortably on $1,500 a month.Consumer Prices Including Rent in Japan are 80.8% higher than in Indonesia: Rent Prices in Japan are 77.1% higher than in Indonesia: Restaurant Prices in Japan are 118.2% higher than in Indonesia: Groceries Prices in Japan are 67.8% higher than in Indonesia: Local Purchasing Power in Japan is 284.8% higher than in Indonesia
perceived future standard of living) in Indonesia. The second objective is to explore whether the social comparison effect does matter in determining individual’s FWB. Finally, the third