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Jakarta Post

Emerging Indonesia and its global posture

Jakarta   /   Thu, February 7 2013   /  10:08 am

At a recent ANZ seminar in Melbourne, Australia, president director of McKinsey & Company Indonesia, Arif Budiman, said Indonesia was the most stable among the world’s major economies. McKinsey predicts that Indonesia, currently the world’s 16th-largest economy by gross domestic product (GDP), will become the seventh-largest by 2030.

Many scholars, lawmakers, private companies and the media have billed Indonesia as “emerging”, “a rising middle power”, “the next member of the BRICS [Brazil, Russia, India, China and South Africa]” and other such titles. An interesting question is how the (perceived) rise of Indonesia will, and should, impact upon its foreign policy posture.

At the beginning of the 21st century the world order has been shaped by a changing balance of global economic power, signaled by the rise of “emerging powers”, which were previousl...