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06

“Resource Nationalism” Clouds Indonesia’s Economic Prospects | ASEAN Beat

thediplomat.com

"In Indonesia, considered by many to be one of the most promising economies alongside China in Asia, there has been an increase in regulatory changes in a variety of sectors ranging from mining to oil. Although attributable to political competition between elite factions ahead of the 2014 presidential elections, many of the changes are also indicative of growing “resource nationalism” within the country, which raises serious concerns about the predictability of the business environment and long-term economic growth. To ignore this trend is to miss what could be a crucial factor in the future of Indonesia’s growth."

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