Despite Past Successes, Indonesia Faces Major Challenges to Achieve Potential

Despite Past Successes, Indonesia Faces Major Challenges to Achieve Potential

Guess who: I’m a G-20 country, ranked 25th out of 139 countries for macroeconomic stability. I’ve got the world’s 16th-largest economy, and analysts think I could crack the top seven by 2030. I’ve averaged 4-6 percent GDP growth over the past decade despite the global economic crisis, and I’ve got the demographics to keep this all on track.

If you guessed Indonesia, you’d be right. With stats like these and a population of 240 million to boot, it’s little wonder that corporate executives and governments the world over have begun to take a closer look at the opportunities on offer in this hugely promising archipelago.

But even the most fervent Indonesia boosters are often disappointed by the country they so desperately want to succeed. Because despite all the opportunities Indonesia promises, it’s going to have to overcome significant obstacles to realize its potential.

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