Economics

Jokowi’s Make-or-Break Moment Maps Path for Asia’s Next Star

Indonesia was among Asia’s fastest-growing economies pre-virus
Crisis is a chance for government to make structural changes

Joko Widodo, right, inspects a room at a hospital for coronavirus patients in Jakarta on March 23. — Joko Widodo, right, inspects a room at a hospital for coronavirus patients in Jakarta on March 23.Photographer: Hafidz Mubarak A/POOL/AFP via Getty Images

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Before it’s here, it’s on the Bloomberg Terminal

By Karlis Salna

May 4, 2020 at 5:00 PM EDT

Updated on

May 5, 2020 at 4:48 AM EDT

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Steve Hanke remembers when Indonesia was the poster child for emerging markets’ bright future.

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Before it’s here, it’s on the Bloomberg Terminal