Oct 31, 2019
Despite political instability, Indonesia is too big to ignore for investors – With Keith Leong
During the financial crisis, some banks were “too big to fail”. According to Keith Leong, Indonesia, despite the political turmoils, is “too big to ignore”.
The second term of Jokowi, in fact, is not starting positively: a series of unpopular projects of reform, which would endanger civil liberties, led young people on the streets. Despite the chaos, the Indonesian market is so massive that investors and businessmen can’t ignore it.
However, civil unrest is not an uncommon feature in Indonesian politics and society. Indonesian political system prefers results over ideology, and it is not unusual that the country is led by a big coalitional government, in which majority and large portions of the minority rule together.
For this reason, the opposition is usually tiny and not so effective, so the need for Indonesia to have a strong and fierce independent civil society, ready to occupy street and squares against any government.