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In Asia’s next miracle growth story, a tale of two Indonesias emerges
‘Jokonomics’ has created an economy that offers investors great potential for growth but reality suggests President-elect Prabowo Subianto will have much to do for the country to truly take off.
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Indonesia’s longer-term potential is evident in its demographic trajectory, an abundance of natural resources and an increasingly business-friendly regulatory environment.
PHOTO: AFP
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In the early 2000s, geoeconomics in Asia revolved around enabling China’s rise.
From supporting the country’s entry into the World Trade Organisation to the creation of trade pacts like the Regional Comprehensive Economic Partnership
