TheJakartaPost
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The push to "align" Indonesia’s financial regulators with political objectives marks a fundamental paradigm shift from stability to short-termism. While these moves may sustain growth today, they defer systemic costs to a future where institutional safeguards may no longer exist to catch the fall.
Disaster risk reduction should be embedded in policymaking, especially industrial and spatial planning, to prevent economic activities from damaging the environment and thereby exacerbating the impacts of future calamities.
Growing concern about debt levels in developed economies could see some bond investors look to emerging market issuances as an alternative, but in Indonesia, they will want answers about the new finance minister and the burden-sharing scheme with Bank Indonesia (BI).
