Faisal Basri, a senior Indonesian economist, outlines things that must be addressed in Indonesia's political system and economic governance if we were to avoid the middle-income trap.

Faisal Basri is currently a senior lecturer at the Faculty of Economics, University of Indonesia and Chief of the Advisory Board of Indonesia Research & Strategic Analysis (IRSA). His area of expertise and discipline covers Economics, Political Economy, and Economic Development. His prior engagement includes Economic Adviser to the President of the Republic of Indonesia on economic affairs (2000); Head of the Department of Economics and Development Studies, Faculty of Economics at the University of Indonesia (1995-98); and Director of Institute for Economic and Social Research at the Faculty of Economics at the University of Indonesia (1993-1995), the Commissioner of the Supervisory Commission for Business Competition (2000-2006); Rector, Perbanas Business School (1999-2003). He was the founder of the National Mandate Party where he served as the first Secretary-General and then the Deputy Chairman responsible for research and development. He quit the Party in January 2001. He has actively been involved in several NGOs, among others is The Indonesian Movement. Faisal Basri was educated at the Faculty of Economics of the University of Indonesia where he received his BA in 1985 and graduated with an MA in economics from Vanderbilt University, USA, in 1988.

Timestamps (in Indonesian):
0:00:00 Intro
0:02:32 Kesahajaan
0:15:34 Memimpin Orang-Orang Pintar
0:18:07 Keterlibatan di Politik
0:22:53 Langgengnya Rezim
0:31:03 Ideologi dan Identitas
0:39:25 Meritokrasi vs Patronase
0:50:05 "Jantung" Ekonomi
0:59:11 "Darah" Ekonomi
1:09:24 Korelasi Kepastian Hukum dan Investasi
1:19:41 Kekuatan Maritim
1:29:39 Transformasi Ekonomi
1:41:38 Demokrasi Substansial