Indonesia's Economy
Economic diplomacy: Indonesian trade, ADB v BRI and Chinese money
Slow but steady
It has often been said that despite periodic diplomatic upheavals, Australia has been fortunate to have a sprawling multi-ethnic Asian neighbour to its north that…
Sliding rupiah causes Jakarta jitters
Capital has been flowing out of emerging economies around the world, causing currencies and financial markets to fall. While tightening global liquidity was the initial catalyst,…
Reports
Expanding Horizons: Indonesia's Regional Engagement in the Indo-Pacific Era
Lowy Institute Non-resident Fellow Matthew Busch contributed a chapter on the political economy of Indonesia’s natural resource wealth to this Perth US Asia Centre Report.
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Analyses
Indonesia's economy: Between growth and stability
Indonesia has much economic potential but the trade-off between growth and stability continues to bind its growth ambitions.
The ill-advised rush for Australia to strike a trade deal with Indonesia
Negotiations for the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) entered extra time this week, as negotiators agreed to add an 11th round (the 7th…
Commentary
Indonesia's electricity play imperils national economic goals
'The generation plan could unnerve investors and leave private operators on hook for state equity.' Originally published in the Nikkei Asian Review.Matthew Busch
Addressing global capital flows
International capital flows present serious policy challenges. In textbook economics, such flows are unambiguously beneficial. But volatile flows were a key cause of the 1997…
Indonesia: ‘Twin deficits’ still a brake on high growth ambitions
Things are gradually improving for Indonesia’s economy. Policymakers have successfully assuaged financial markets of their macroeconomic stability credentials (for now) and…
Indonesian prosperity needs certainty on resource regulation
Among the many floral tributes to Jakarta Governor Basuki Tjahaja Purnama, who lost his bid for a second term in last month's religiously-charged election, one in particular…
Credit rating agency caution retards Indonesian growth
Five years back Moody’s and Fitch credit rating agencies (CRAs) reinstated Indonesia to ‘investment grade’ ranking, recognising the country had both recovered from the 1998…