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View all search resultsAs President Prabowo pushes for a massive structural pivot toward state economic sovereignty, Indonesia faces a high-stakes gamble: Can it resurrect the ideals of a Pancasila economy without stumbling into the traps of heavy-handed economic nationalism?
Given the new reality across policy sectors facing the world today, along with the securitization trend across the Asia-Pacific, there is no better time to revisit the work of Hadi Soesastro, whose analysis of Indonesia and the region’s response to great power economic competition remains strikingly relevant today.
The Indonesia Stock Exchange (IDX) Composite index is expected to rebound in the second half as easing MSCI concerns, fiscal stimulus and attractive valuations lift investor sentiment, but policy uncertainty and external risks could temper gains.
Global central banks are facing a high-stakes balancing act as surging public debt, supply shocks and AI-driven market speculation threaten long-term price stability. To prevent economic contagion, policymakers must take decisive action before these deep financial fault lines reach a critical tipping point.
As ASEAN deepens its energy ties with Moscow, the bloc faces a volatile new reality defined by long-range drone strikes deep inside Russian territory. To safeguard its economic future, Southeast Asia must balance the allure of vast Siberian reserves against the growing vulnerability of the infrastructure that delivers them.
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