ASEAN

/ASEAN

Is Barbie Guilty ?

I will be visiting Indonesia next week and will likely be asked about President Trump's trade policy, articulated in his recent executive orders.  Will Indonesia, one of 16 countries under review with a large trade deficit, be penalized.  Is it really a trade "cheater" ?   The US runs a congenital deficit with Indonesia mostly [...]

Regret

There’s a lot of regret going around these days. Democrats, who lost a close election, no doubt regret they didn’t do more to convince Midwest rust belt voters worried about their future that they had a viable jobs plan. President Trump regrets he didn’t win the popular vote — although he seems to actually think [...]

Two Years In

Two years into his 5 year term President Jokowi is exhibiting some of the qualities of former President Suharto. I say this not to compare them in any fundamental way - Jokowi is not an authoritarian-  but to illustrate the process by which each consolidated power in the early years after they became President. Jokowi [...]

New Deregulation Package

Indonesia has released the second of three deregulation/stimulus packages designed to boost a flagging economy and strengthen the exchange rate. The first (released September 10) was primarily an exercise in reducing red tape and regulatory confusion in the trade arena and did not garner a lot of attention and praise, perhaps because its hard to [...]

Idul Fitri Reshuffle

June 30, 2105The serious Cabinet reshuffle rumors began in June: in Indonesia, they are part of the air one breaths. An underwhelming economic performance would prompt President Jokowi to reshuffle his Cabinet after Lebaran (end of the Muslim fasting month on July 18), especially his economic team. The economy is, given Indonesia's potential, standing still, [...]

Outlook for 2015: Cautious Optimism

Commentary by Wayne ForrestSince taking office in October President Jokowi has not waited for Parliament, using his executive powers to reset Indonesia's course. He is turning out to be savvier then many gave him credit for.  2015 could mark the beginning of a positive new chapter in Indonesia's economic development.   Although only a short amount [...]