Posts

Showing posts with the label Indonesia-New Economic Superpower

President Jokowi: Indonesia Is About to Become a New Economic Superpower

Image
Along with China and India, President Joko "Jokowi" Widodo has voiced optimism that Indonesia will emerge as one of the new economic superpowers. With the transition from the West to Asia, we have entered "the Asian century." Another change in the economy's growth pattern is Asia. In his opening remarks at the BNI Investor Daily Summit 2024, held on Tuesday, October 8, at the Jakarta Convention Center (JCC), Senayan, Jakarta, President Jokowi stated that three new economic powers—India, China, and Indonesia—are expected to emerge in Asia. But he also cautioned that Indonesia would have to overcome many obstacles and fulfill a number of standards in order to accomplish that aim. Thus, the President continued, maintaining optimism is essential while dealing with a variety of global issues, including as the effects of climate change, economic downturns, and heightened geopolitical tensions. He said that all of these have an impact on the world economy, which includ