indonesias-road-to-growth

IndonesiaÆs road to growth

The nationÆs economy is resilient but governance and infrastructure must improve.
After the bombings at the Marriott Hotel in Jakarta in 2003 and the Australian embassy the following year, security checks were introduced at major foreign-owned commercial and consular premises. They included car examinations and then a body frisking. Perhaps surprisingly, five years later, they still take place. It might also be a sign that the Indonesian authorities mean business, and intend to persevere with their goal to reform the countryÆs economy and even its behaviour.

Prakriti Sofat, Indonesia economist at HSBC, writes that ôthe Indonesian economy is enjoying its strongest and most sustained period of growth since before the dark days of the Asian crisis a decade agoö. Nor does he anticipate much that...
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