Word: wirjawan
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...still poor (18% live under the poverty line), the country is finally using the profits from its plentiful natural resources, such as natural gas and a horde of minerals, to lift up its citizens. "Foreigners used to think of Indonesia as a place of natural disasters," says Gita Wirjawan, the head of the nation's investment board, who earlier this year traveled to the U.S. to drum up interest in his homeland. "But now they realize that this is a $550 billion economy that's on an upward trajectory...
...importantly, China, paving the way for a regional economic bloc that could rival the E.U. Note that the U.S. isn't involved. "If we are closer to China now, it is only because the U.S. has neglected us," says Kavi Chongkittavorn, a Thai columnist who writes about foreign affairs. Wirjawan, the head of the Indonesian investment board, jokes that, "If I want to get Americans going, all I have to say is China's interested in a deal and they don't worry about the sanctity of contracts or other legal niceties." The creation of an Asian trade alliance could...
...political freedom are not incompatible. Back when Obama lived in Jakarta, Indonesia was ruled by a dictator and mired in poverty. Today it is a member of the G-20 club of the wealthiest economies. "Foreigners used to think of Indonesia as a place of natural disasters," says Gita Wirjawan, the head of the nation's investment board. "But now they realize that this is a $550 billion economy that's on an upward trajectory...
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