In the last 10 years, Indonesia's economy has been climbing up significantly and joined the top 20 biggest economy (G20. It is expected that by 2030, the country will be the 7th largest economy supported by what is called "Demographic Dividend" (Mckinsey, 2012). However, in the paradoxical situation, the country's rating in human development index and inequalityadjusted human development index has been deteriorating overtime contributed by stagnant improvement of several development indicators including of access to education and adult financial literacy. This paper will focus on policy recommendation of financial literacy as part of human development capacity building to address inequality issues using the framework of "Functional View of Public Management" developed by Barzelay and Cortazar (2004) and involving several key experiences from countries such as New Zealand, Australia, Singapore and Brazil.

Small and medium enterprises (SMEs) have been the backbone of Indonesia's economy for over 100 years. There is nearly 64-million-unit business, with 98% of the market share belonging to the micro-business and 52% categorized as informal. Despite the uncertainty created by the prolonged crisis, a path of recovery is happening in the SME sector. Continuous effort to support SMEs has been planned include mapping out a cluster program. This chapter illustrates challenges and types of resilience and cluster issues facing SMEs that need to be resolved to prepare SMEs for recovery, and one of them is information technology. For many businesses, including SMEs, participation in the digital economy is the key to greater resiliency. The development of SMEs in Indonesia is an interesting topic with an actual illustration of the recent trends of Asian countries' economies and businesses in the current COVID-19 pandemic.

The State Owned Enterprises (SOEs) is important part of the contemporary public sector reform. They'are growing force to the national development and globally by increasing contribution to the global economic and governance (Pricewaterhouse, 2015). In Indonesia, since the era of Old Order (1945-1966), New Order (1966-1998 to Reformasi (1998-current), SOEs have been inseparable instruments in the social and economic development (Mardjana, 1992). Beside their profit motive, SOEs have attributable social benefits for the purpose of public service. The larger the SOE sector, the larger government's direct influence over the public sector (Smith and Trebilcock, 2001). However, SOEs have been associated with major governance cases in Indonesia such as being rigid, bureaucratic and poor services in distributing service to the public and the performances were below average compared to their peers (Chang, 2007;Wicaksono, 2008; Hill, 2000). These circumstances have created a perception of how incompetent the government is in implementing policy (McLeod, 2005) and lead to the minimum aggregate of public value creation. In some SOEs considered a success story, the performance is merely limited to the "business value" creation rather than "public value" creation. SOEs reform existed to respond to the problem through variety of reform options and has been considered among critical reform beside beauracratic, decentralization and fiscal reform. The purpose of this paper is to investigate key determinants factors to improve SOEs' capacity in public value creation, specifically from SOEs reform agendas using predominatly several key concepts including of Public Value (Moore, 1995), TIMM (PWc, 2015), Public Sector Reform (Cayden, 1969; ) and through the utilization of Soft Sytems Methodology as the action research approach.