By Michelle Mengsu Chang, BASC Research Assistant
In December 2010, Foreign Policy magazine forecast ten trends in 2011 that will come to change the world in the coming decades. Among them is the rise of Indonesia.
As the world lavishes most of its attention on China and India, Indonesia doesn’t come across as a hot topic. It rarely crosses anyone’s mind that Indonesia is the fourth most populous nation in the world, a fact alone that marks countless opportunities and possibilities.
Indonesia has emerged almost unscratched from the recent economic crisis, as its financial sector was not closely integrated with that of the rest of the world. After a landslide victory for President Yudhoyono in 2009, Indonesia is now firm on the path to solve problems of endemic corruption and invest heavily in building new infrastructure all over the country.
It is also worth noting that Indonesia also has the largest Muslim population in the world. President Obama has already acknowledged Indonesia’s key importance in global security in the future. We do not yet know exactly how Indonesia’s future shall unfold, but we can be certain that its political and economic importance will continue to rise in the years to come. It is a future worth anticipating, and for that, we should all be keeping Indonesia on our radar.