Skip to content
Subscriber Only
William Pesek

Indonesia's Economy Has Stopped Emerging

The president's mismanagement is scaring off investors.
This isn't what the president promised.

This isn't what the president promised.

Photographer: ROMEO GACAD/AFP/Getty Images

Indonesia has come a long way since Oct. 20, when Joko Widodo was sworn in as president. Unfortunately, the distance the country has traveled has been in the wrong direction.

Expectations were that Widodo, known as Jokowi, would accelerate the reforms of predecessor Susilo Bambang Yudhoyono -- upgrading infrastructure, reducing red tape, curbing corruption. Who better to do so than Indonesia's first leader independent of dynastic families and the military?