Indonesia’s secret to economic success

Behind the Money

Topher Forhecz

Markets, Investing, News, Banking, Finance, Business, Business News, Crypto

4.4 • 350 Ratings

🗓️ 11 January 2023

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The global economy has been hit hard in the past few years by the Covid-19 pandemic, high inflation and Russia’s war in Ukraine. However, there’s one emerging economy that’s managed to succeed in spite of that - Indonesia. So, what’s its secret? We sat down with the FT’s Mercedes Ruehl to understand how the country got to where it is now, and whether that success will be permanent.

Clips from Associated Press

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For further reading:

Indonesia’s unexpected success story

Indonesia’s president steps on to world stage as G20 host

Bauxite: holding resources hostage will impede Indonesia’s growth

Indonesia’s growth outlook dims as Jokowi begins final term

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On Twitter, follow Mercedes Ruehl (@mjruehl) and Michela Tindera (@mtindera07)

Read a transcript of this episode on FT.com

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Transcript

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0:00.0	Am I missing anything? Is this the right decision?
0:02.0	Could it be a alternative?
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0:05.0	Find clarity in your investment decision-making.
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0:14.6	industry expertise.
0:16.5	Reduce risk, meet your sustainability goals and push the boundaries of possibilities based on
0:21.1	facts, not opinions.
0:23.0	Clarity AI scaling human decisions through tech.
0:26.6	Visit clarity.
0:28.0	AI and take action today.
0:29.7	Let's take a look at how economies big and small have performed recently.
0:37.0	It hasn't been pretty.
0:39.0	For example, there's been the start of Russia's war in Ukraine that kicked off food and energy
0:44.5	crises around the world and the US's rising interest rates have hurt emerging
0:50.2	markets especially hard.
0:57.0	However, there's one country that seems to have not only escaped a lot of that, but prospered in spite of it.
1:00.0	Indonesia's export and import performance has been very strong.
1:03.7	That's Mercedes' rule there.
1:05.6	She covers Southeast Asia and Singapore for the FT.
	...

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