The world's 18th-largest economy is poised to be a sustainable development model for developing nations
Known as the "Asian miracle" in the 1980s and early 1990s for opening its doors to foreign direct investment (FDI), Indonesia today is experiencing another kind of miracle: It has emerged as an unusually strong survivor of the international financial crisis. Combined with its growing commitment to sustainable development, the world's fourth most-populous nation is well-positioned to spark the interest of socially responsible investors, especially those interested in investing in climate solutions and biodiversity in a large market.
According to Forbes' 2011 "Best Countries for Business" list, Indonesia has "weathered the global financial crisis relatively smoothly because of its heavy reliance on domestic consumption as the driver of economic growth. Increasing investment by both local and foreign investors is also supporting solid growth."[1]
See full Article.
Posts
