Indonesia: The Infrastructure and Bureaucracy Challenge
Economic powerhouse in waiting: Indonesia must address infrastructure and bureaucracy challenges to realise its potential. Antara/M. Agung Rajasa.

Indonesia: The Infrastructure and Bureaucracy Challenge
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Pencak silat is an Indonesian martial arts, initially developed around the Islands of Java and Sumatra. It represents diversity, with hundreds of different styles; and survival, with ancient Indonesian kingdoms settling rivalries and wars, using its various forms.

The modern-day Indonesia is like pencak silat. Over 18,000 islands, inhabited by the world’s fourth largest population of almost 250 million people, speaking 300 local languages. The country is a melting-pot of races and ethnicities, using its diversity as a foundation for social and economic development.

Asian Financial Crisis & the Road to Recovery

But 17 years ago things looked very different. At the height of the Asian financial crisis in 1997, many feared that Indonesia would “te...