Market Pulse: Dressing Up for Hot Money
When the political climate heats up, there will be movements of hot money that impact the fate of all Indonesians. These do not come from the illegal fruits of crime, however. Hot money is a term used in financial markets for short-term investment funds that can quickly move around in search of the most profitable investment.
Indonesia is highly dependent on these inflows of hot money. One of the…
Election Campaigning for Today and Tomorrow
Candidates and their supporters are putting everything on the line to win the 2017 Jakarta gubernatorial election and perhaps a warm-up for the presidential election in 2019.
Before discussing the charges leveled against him, Susilo Bambang Yudhoyono (SBY) talked about how a leader can regress to become a tyrant. A dictator, said SBY, who was Indonesia's sixth president, can emerge when he begins to fear the loss of his power.