Investors Are Falling For Indonesia Again
Geplaatst: wo mar 26, 2014 4:33 am
Now there are hopes that Indonesia’s economy is set for another upswing as interest rates and inflation fall. And there are high hopes that the country’s presidential front-runner, Joko Widodo, or Jokowi as he’s known to locals, can help spur growth by delivering on desperately-needed infrastructure investment. Both of these things have helped make Indonesia one of the world’s best performing markets year-to-date, up 23% in US dollar terms. That’s right: one of the “fragile five” has killed it in 2014. Unsurprisingly, stockbrokers have been falling over themselves to upgrade Indonesia.
The economy gradually healed, helped by the start of the commodities boom. In 2004, a portly, former military man, SBY, came to power. He got in due to his strong military background, yet clean, corruption-free reputation. It also helped that Indonesian women thought he was good-looking too.
SBY can take a lot of credit for the political stability and thriving democracy which ensued.
Indonesia has gone from being part of the “fragile five” to a quasi market darling.
- Hopes are high that the economy has bottomed and the presidential nomination of Jokowi will soon bring much-needed economic reform.
- These hopes appear over-optimistic given the risks from a China downturn to Indonesia’s economy and Jokowi’s limited capacity to push through reform.
http://www.forbes.com/sites/jamesgruber ... indonesia/
Ik zal maar niet weer te hard "Hidup Indonesia" roepen. Afwachten maar! Een positieve trend is wel duidelijk waarneembaar, politieke stabiliteit en verdere positieve democratische processen en ook de positieve economische ontwikkeling. Maar, er moet inderdaad nog veel veranderen hier.
The economy gradually healed, helped by the start of the commodities boom. In 2004, a portly, former military man, SBY, came to power. He got in due to his strong military background, yet clean, corruption-free reputation. It also helped that Indonesian women thought he was good-looking too.
SBY can take a lot of credit for the political stability and thriving democracy which ensued.
Indonesia has gone from being part of the “fragile five” to a quasi market darling.
- Hopes are high that the economy has bottomed and the presidential nomination of Jokowi will soon bring much-needed economic reform.
- These hopes appear over-optimistic given the risks from a China downturn to Indonesia’s economy and Jokowi’s limited capacity to push through reform.
http://www.forbes.com/sites/jamesgruber ... indonesia/
Ik zal maar niet weer te hard "Hidup Indonesia" roepen. Afwachten maar! Een positieve trend is wel duidelijk waarneembaar, politieke stabiliteit en verdere positieve democratische processen en ook de positieve economische ontwikkeling. Maar, er moet inderdaad nog veel veranderen hier.