`Mega' Projects and Sluggish Investment

Given all the economic challenges we face—such as the weak rupiah, runaway inflation or unemployment—it is not surprising that many place their hopes in some form of economic breakthrough that will have a profound beneficial effect on the lives of the people. They also hope that this economic breakthrough will be of such magnitude that it will be enough to lift the Indonesian nation out of the crisis it has been mired in for the la

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