Abstract
The level of sustainable economic growth, economic transformation, economic resilience, and speed of economic recovery are determinants of the success or failure of a country to move up the income level group. Structural transformation is running smoothly because long-term high economic growth is caused by a rapid accumulation process in physical investment in the form of gross domestic fixed capital formation and non-physical investment in human resources. Thus, changing comparative advantage will change the reallocation of resources in a more productive direction and increase total factor productivity (total factor productivity), economic growth, and per capita income. Economic resilience is reflected in macro indicators in the form of state finances, balance of payments, economic stability, and minimal market distortion. The micro indicators include the health of banks and companies in various sectors. The speed of economic recovery is supported by political agreement.
