As the world becomes increasingly globalized, a process that actually started thousands of years ago, developments in one part of the world can impact - and sometimes quite heavily - on other parts of the world. However, considering the West (mainly the United States and European Union) historically has the upper hand in the world economy and politics, the global influences are quite one-sided: the West influences the East (including Indonesia) rather than the other way around.

And considering the West is increasingly radicalizing to the left, reflected in rising identity politics (Marxists' modern-day 'class struggle') and the denouncing of nationalism, while rational and scientific based-policymaking seem to make way for emotional and assumption-based policymaking, Indonesia too is feeling this impact.



In this report we discuss these matters, especially in the context of the climate crisis and the COVID-19 crisis.

Other topics that are zoomed in on include an analysis of Indonesia's latest economic data (with the recession having extended into Q1-2021), Indonesia's plan to raise the value-added tax (VAT) in 2022, and the Gojek-Tokopedia merger.

The May 2021 report can be ordered by sending an email to info@indonesia-investments.com or a message to +62.882.9875.1125 (including WhatsApp).

Price of this (electronic) report:

Rp 150,000
USD $10,-
EUR €10,-

Take a glance inside the report here!

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Bahas