Money Talks: Why it’s time to talk about Indonesia
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 23 November 2022
⏱️ 41 minutes
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Summary
Indonesia is the world’s third-largest producer of coal. Not only does it power the country, it powers the economy. But the country’s president, Joko Widodo, wants to change that. Indonesia is garnering global attention due to its stock of nickel and cobalt, core elements in the batteries needed for the booming electric vehicle industry. Can the government swap the fossil-fuel-powered economy to one that runs on batteries instead?
On this week’s podcast, hosts Soumaya Keynes, Mike Bird and Alice Fulwood ask whether Indonesia can really go green. Zanny Minton Beddoes, The Economist’s editor-in-chief, sits down with Joko Widodo to find out if he is the man to wean the country off coal. Finance minister Sri Mulyani Indrawati and education minister Nadiem Makarim tell us how to train a generation of battery-makers. And Patrick Foulis, our business-affairs editor, warns of a red flag.
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Transcript
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| 0:00.0 | AI will impact a billion jobs by 2030. |
| 0:03.2 | Will yours be one of them? |
| 0:04.8 | Act and adapt now with the new book Unsupervised |
| 0:08.4 | by Daniel Dullsteinberg and Stuart Leif. |
| 0:11.2 | Artificial Intelligence, chat GPT, |
| 0:13.9 | blockchain, tokenisation, quantum computing, energy. |
| 0:18.3 | Discover how to navigate and influence a world controlled |
| 0:21.2 | by powerful new technologies. |
| 0:23.4 | Don't get left behind. |
| 0:25.4 | Unsupervised is available now online |
| 0:28.3 | and in all good bookshops. |
| 0:58.4 | Game Changers, welcome home. |
| 1:16.0 | For two days in November, the eyes of the world were on Indonesia. |
| 1:22.5 | Leaders of the biggest economies converged in Bali for the G20 summit. |
| 1:28.3 | The likes of Biden, Xi, Modi, Macron and Sunak |
| 1:32.5 | walked the long red carpet to shake the hand |
| 1:35.3 | of Indonesia's president, Joko Widodo, |
| 1:38.4 | known to almost everyone as Jekowi. |
| 1:42.2 | The country was firmly on a geopolitical map. |
| 1:46.2 | Leaders, good morning. |
| 1:50.0 | I hear by declear. |
| 1:53.2 | The G20 summit opened. |
... |
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