Elections bring a test of foreign credentials

The Indonesian and Indian elections have produced contrasting outcomes for foreign investors.
Joko “Jokowi” Widodo
Joko “Jokowi” Widodo

Making the trains run on time is one thing ensuring they are fit for service is quite another.

When it comes to foreign investment, this appears to be the main difference between the elections this year in Indonesia and India.

One country appears ready to embrace foreign investment to overhaul its rickety infrastructure and revitalize industry, while the other looks set to pursuit populist policies that will keep things ticking over as before and protect local vested interests.

India, perhaps somewhat surprisingly, completed its business with a minimum of fuss, electing BJP leader Narendra Modi as its prime minister. It was the first time...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222