Economics

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
Photographer: SeongJoon Cho/Bloomberg

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By Yoga Rusmana, Viriya Singgih, and Eko Listiyorini

September 16, 2018 at 9:00 PM UTC

Updated on

September 17, 2018 at 5:45 AM UTC

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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.