Despite positive macroeconomic figures released by the government and the upgrading of Indonesia’s investment rating by Standard&Poor’s, we who live in Indonesia know that our glass might be more empty than full — especially considering that the global economy, not to mention East Asia’s economy, has been in decline and will continue to be weak in the years ahead.
Further, an ample supply of other factors may limit or hamper Indonesia’s economic growth, such as corruption, inefficient bureaucracy, inflexible labor relations (paired with labor militancy) and inadequate implementation of the rule of law.
Meanwhile, political uncertainties prevail and violations of human rights are rampant. Due to a weak presidency, those problems have not been tackled well.
However, there is always hope for a better future. There are many regional leaders who are capabl...