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Economic Nationalism Is Back in Indonesia as Election Nears

  • Government may snare more assets from foreign firms: analysts
  • President Jokowi seeks reelection in a rematch of 2014 poll
Joko Widodo

Joko Widodo

Photographer: SeongJoon Cho/Bloomberg
Updated on

Nothing sells like economic nationalism in Indonesia’s election season.

Facing a challenge from a self-proclaimed nationalist, President Joko Widodo has used speeches after his nomination for April’s vote to tout his success in wresting control of the nation’s prized natural resources from foreign companies.