Why this country, not China, could be the one to watch

Why this country, not China, could be the one to watch

Did you know that Indonesia’s GDP per capita is actually higher than those of Italy or even Canada?

Some 250 million people live in Indonesia, half of them around a national poverty line of $22 per month. But Indonesians are starting to get a taste for the Western lifestyle and all its consumer class accoutrements, many of which require electricity. And that means the archipelago nation must solve some pressing energy issues.Indonesia’s new president, Joko Widodo, is young and compelling and often compared to Barack Obama. He has some formidable tasks ahead of him. In this interview with Destry Damayanti, the Chief Economist at Indonesia’s Bank Mandiri, we discuss some of those urgent issues. If you’re interested in emerging markets, this is one worth reading.

Find my interview with Destry Damayanti up at The Economist’s Lookahead blog, here.