From Hoodlums to Bureaucrats
A number of foreign companies have moved to neighboring countries. Why?
December 10, 2002
This country may be likened to a girl forsaken by her lover. Foreign investors, expected to help the country’s economic recovery, have decided, uncompromisingly, to leave Indonesia. This year alone, about 40 foreign companies have relocated their businesses to China, Myanmar, Vietnam and Malaysia. Some 70,000 more will soon join the country’s ranks of 38 million jobless people.
In one or two instances, reasons may be attributed to
...