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Comments: '€˜Investors will leave if Prabowo wins'€™

June 12, OnlineA recent survey by Deutsche Bank shows investors’ investment decisions will be significantly affected by the change in government

The Jakarta Post
Wed, June 25, 2014

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Comments: '€˜Investors will leave if Prabowo wins'€™

J

em>June 12, Online

A recent survey by Deutsche Bank shows investors'€™ investment decisions will be significantly affected by the change in government.

The survey reveals that 74 percent of investors will invest if non-active Jakarta governor Joko '€œJokowi'€ Widodo and his running mate Jusuf Kalla win the election, while only 6 percent will sell their shares.

Your comments:


If there is a pull-out of certain foreign investment, then one immediate measure for Indonesia is to apply some sane probity tests to any such future investment if it should try to buy back once it'€™s already taken off.  

By probity I mean they just have to thoroughly check investors'€™ actual exposure to the toxic derivatives time bomb (still reporting actual speculative debt as '€œassets'€ throughout western banks especially). Of course, such exposure checks should apply to local investors too, and I don'€™t mean the already proven speculators'€™ free-pass issuing outfits.

Lis

Investors only need profit. The color of profit is transparent '€” it translates into who will offer them higher returns. Whether this is Prabowo Subianto or Jokowi, to them it does not matter. Money talks and the presidency agrees.

Macaque

Investors would lose if they left. Indonesia has the world'€™s fourth-largest population in the world, is in the top 10 in purchasing power and in the top 10 in terms of gross domestic product (GDP) and will be a great country in the coming decades. Meanwhile, Europe will perhaps face a food crisis.

Sri Indrapura


If they all took their toys and went home you would be left with almost nothing. Foreign investment makes the world go round, whether you like it or not. Where would you get your cars, TV or petrol if it wasn'€™t for a foreigner putting his/her money into Indonesia?

You would isolate yourself from the rest of the world, your credit rating would tank and your debt ratio would follow. Soon, your government would be bankrupt and you would be asking for everyone to bail you out. Just dumb!

Why not take the money, negotiate reasonable contracts so everyone benefits and you move up the middle-income ladder?

Canuk

Let us suppose that the old nationalist fascist guard of this country is gone for good (but they are still there and powerful).

Such is the imprint of the current system that it will take more than decades to build a new country based on tolerance, openness, transparency, democracy, education and creativity, which are the ingredients to '€œa great country'€.

Jan Karl

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