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Economic Prospects in Post-Election Indonesia

Mon. June 23rd, 2014
Washington, DC

On July 9, over 180 million Indonesians will go to the polls to elect their next president for a five-year term, after a decade of steady—albeit recently slowing—growth under outgoing President Yudhoyono. The two candidates on the ballot, Joko Widodo and Prabowo Subianto, both emphasize economic sovereignty. What does this mean for future policy and the prospects for economic reform in Indonesia? Is Indonesia closing the door to foreign investors? 

James Castle examined the likely trajectory of the Indonesian economy under new leadership. Carnegie’s Vikram Nehru moderated.

James Castle

James Castle is founder and CEO of CastleAsia, the largest and most prestigious CEO forum in Indonesia. In over thirty years of work in Southeast Asia, Castle has advised in the establishment of numerous foreign direct investment projects and has acted as a consultant to regional governments and many of the world’s largest corporations.

Vikram Nehru

Vikram Nehru is a senior associate in the Carnegie Asia Program. An expert on development economics, growth, poverty reduction, debt sustainability, governance, and the performance and prospects of East Asia, his research focuses on the economic, political, and strategic issues confronting Asia, particularly Southeast Asia.

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
event speakers

James Castle

James Castle is founder and CEO of CastleAsia, the largest and most prestigious CEO forum in Indonesia. In over thirty years of work in Southeast Asia, Castle has advised in the establishment of numerous foreign direct investment projects and has acted as a consultant to regional governments and many of the world’s largest corporations.

Vikram Nehru

Nonresident Senior Fellow, Asia Program

Nehru was a nonresident senior fellow in the Carnegie Asia Program. An expert on development economics, growth, poverty reduction, debt sustainability, governance, and the performance and prospects of East Asia, his research focuses on the economic, political, and strategic issues confronting Asia, particularly Southeast Asia.