“Indonesia should not be forgotten”
Here’s an interesting article in the Korea Times by Austrian writer Henrique Schneider on what keeps Indonesia out of the investment spotlight as one of the great emerging markets. All the usual problems of corruption, protectionism, infrastructure and political instability are mentioned as pervading problems, but the piece takes a more optimistic tone. Indonesia is now getting attention as a member of the G20. It is more prominent on the diplomatic stage. It survived the global financial crisis relatively well and appears to be making reforms to encourage foreign investment.
It’s up to Indonesia now to continue its progress, capitalize on its new position and build growth from the current 4.5-5.5% to something more like China’s and India’s. It can be easy to fail from here, but if managed well Indonesia can realize its goal of being a regional economic and political power.
source & article: The Korea Times
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