Bold actions needed to revitalise Indonesian economy

• Editorial

Bold actions needed to revitalise Indonesian economy

In the late 1990s the Indonesian economy was in the midst of one of the deepest economic crises in recent global history. The 32-year authoritarian rule of former president Suharto had ended ingloriously, with no political roadmap for succession. There were various ‘Yugoslav’ scenarios of territorial disintegration. There were also ominous ethnic disputes, generating a […]

Indonesia’s Liberal Democratic Reforms’ Slide to a ‘Neo-New Order’

• Editorial

Indonesia’s Liberal Democratic Reforms’ Slide to a ‘Neo-New Order’

On 16 September, police broke up an academic discussion at the offices of renowned activist NGO the Jakarta Legal Aid Foundation (LBH). The topic was the killings of alleged leftists in 1965 and 1966 in the wake of the failed coup that brought former president Suharto to power, public discussion of which has often raised the […]

Indonesia Still Haunted by Asian Financial Crisis Ghosts

• Editorial

Indonesia Still Haunted by Asian Financial Crisis Ghosts

In 1996 Southeast Asia was celebrating its ‘economic miracle’ as the World Bank (WB) lauded the region’s spectacular growth. Tackling middle income challenges was the focus of an IMF–Asean conference in Jakarta. The mood was ebullient. Less than a year later on July 2, 1997, Thailand floated the baht, triggering the Asian financial crisis, known […]

Freeport’s Fallout For Indonesia Foreign Investors

Freeport’s Fallout For Indonesia Foreign Investors

Freeport-McMoRan (Freeport), the largest mining company operating in Indonesia, may soon be exiting after fifty years of doing business in the country. Hanging in the balance is the fate of Grasberg, a copper and gold project that is the world’s largest gold mine. The catalyst was a January regulation requiring the company’s local subsidiary to […]

Indonesia Tax Amnesty Generates Megabucks For Infrastructure Programme

Indonesia Tax Amnesty Generates Megabucks For Infrastructure Programme

Indonesia President Joko Widodo is well on his way to finding the funds necessary for his ambitious infrastructure development plans with the Indonesia tax amnesty programme delivering results far better than expected. Just three months into the programme it has been hailed as the most successful ever tax amnesty programme run by any government in […]