PenjarakanAhok! @bangzul_pni
Why Indonesia is Going Nowhere Fast Under Jokowi Jakarta is losing the international perceptions game.
PenjarakanAhok! @bangzul_pni
It took 24 hours—and apparently an angry call from a blindsided President Joko Widodo—for Home Affairs Minister Tjahjo Kumolo
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to revoke a raft of new restrictions on visiting foreign journalists,which were similar to those in force during P'dent Suharto’s 32yr rule.
PenjarakanAhok! @bangzul_pni
Why they were introduced in the first place is difficult to understand in the current democratic climate,
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but it showed once again the mixed signals emanating from the Widodo government when it comes to Ind’s dealings with the rest of the world.
PenjarakanAhok! @bangzul_pni
Cabinet reshuffles or not, the president will have to work harder at ensuring there’s a lot more policy coordination and a lot less economic
PenjarakanAhok! @bangzul_pni
nationalism if he is to achieve his goal of attracting foreign investment and bringing a better balance to the economy.
PenjarakanAhok! @bangzul_pni
New manufacturing industries are vital for sopping up unemployment and steering the country away from its past dependence
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on natural resources and onto a growth path that will propel it above the current 5%.
PenjarakanAhok! @bangzul_pni
Right now, Indonesia is going nowhere fast, offering a welcoming hand in one instance and an arresting hand the next.
PenjarakanAhok! @bangzul_pni
It’s left the overriding impression that because of the size of its domestic market--and the profits to be gained from it--
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It wasn’t always like this. In the years following the 1997 financial crisis, Indonesians were in despair,
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wondering where they had gone wrong and why it was taking so long for the country to recover.
PenjarakanAhok! @bangzul_pni
The arrival of the 2004–2012 commodity boom changed all that.
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Officials trot out figures which appear to show productive foreign investment pouring in.
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But ask any foreign business group or investment bank analyst and they leave no doubt that investors hv Indonesia firmly on the back burner.
PenjarakanAhok! @bangzul_pni
There are different reasons for this. Admittedly, many center on the general economic slowdown, with commodity prices still in the doldrums,
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domestic consumption sinking and a sluggish China weighing down hopes of an imminent world-wide recovery.
PenjarakanAhok! @bangzul_pni
But that’s not all. In private forums, businessmen complain about regulatory uncertainty and cloying red tape;
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they talk of ministries working at crosspurposes and the eco'mic coordinating minister seemingly incapable of getting them on the same page.
PenjarakanAhok! @bangzul_pni
In places like Malaysia and China, start-up ventures are lavished with new buildings, modern technology and attractive incentives.
PenjarakanAhok! @bangzul_pni
In Indonesia, there’s nothing but bureaucratic obstacles, poor infrastructure and a take-it-or-leave-it attitude among senior officials.
PenjarakanAhok! @bangzul_pni
One large global company, for example, still can’t secure approval to import a common agriculture commodity for its processing plant—
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