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Showing posts from July, 2021

2 million rupiah (244 dollars)

Indonesia Still a Long Way from Closing the Wealth Gap Indonesia has one of the highest rates of income inequality in Southeast Asia, according to the World Bank. Credit: Sandra Siagian/IPS JAKARTA, May 13 2015 (IPS) Every afternoon, Wahyu sets up 1:1 replica handbags his wooden food cart by the side of a busy road in Central Jakarta to sell sweet buns, known as 'bakpao', to people passing by. In a good month, the street vendor can make around 800,000 rupiah, which amounts to roughly 62 dollars. Across the road from where Wahyu hawks his wares stands one of the many malls that dot Indonesia's capital city, home to 9.6 million people, filled with high end fake designer bags designer labels like Louis Vuitton, Chanel and Gucci. "We [.] need the government to take a welfare approach to make sure that our low income workers are protected." Said Iqbal, chairman of the Indonesian Trade Union Confederation (KSPI) Despite Wahyu's position literally opposite the...