Economy

Consistent, robust economic growth, a 255m-strong population and a favourable position as South-east Asia’s largest economy have driven Indonesia to become an increasingly important actor in global trade. The country’s trade with the US and China has recorded double-digit growth in recent years, and it stands as the largest market for intra-ASEAN investment, with middle-class expansion and a...

In a fast-changing political landscape, 2018 will be a key year for President Joko Widodo to take advantage of his high popularity ratings, majority in Parliament and consolidated Cabinet to accelerate the implementation of his administration’s strategic goals, which include infrastructure development, reducing bureaucracy and increasing transparency. In terms of greater regional involvement,...

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The past few years have been difficult for Africa’s largest economy, with a fall in oil prices from more than $100 per barrel in 2014 to roughly $50 per barrel at the start of 2017 having damaging consequences for Nigeria. The fall in revenues from the country’s largest export-earner led to a slowdown in investment throughout the economy, a ballooning of federal government debt, a rise in non-...