Indonesia economy

Jokowi is making a concerted effort to move his country beyond reliance on raw materials – and by doing so, drawing attention to a lingering legacy of colonialism.

Since taking office in 2014, Indonesia's leader has eschewed the nostrums of Western neoliberalism. The country's trajectory will likely continue into a more challenging age.

There are signs of sharpening strategic competition in technology-intensive sectors such as battery manufacturing, clean energy, and data centers.

In seeding its state-owned fund with capital, Jakarta is hoping to target investments in strategic sectors.

The regulation, which intends to make Indonesia a more attractive destination for foreign investment, has been staunchly opposed by unions and environmental groups.

Despite the government's expansive vision, purpose-built, concept-driven projects like Nusantara have a poor track record of success.

Whether the $34 billion Nusantara project succeeds depends on whether the government can attract sufficient foreign investment.

Last year saw several Southeast Asian economies bounce back from the distortions and restrictions of the COVID-19 pandemic.

The two nations hope to convince European regulators that their local certification efforts conform to the EU's rigorous new regulation on deforestation.

If the government falls short of its ambitious EV adoption targets, it won't be for lack of effort.

The economics of cement production, particularly in emerging markets, are closely entwined with both politics and climate policy.