Posts with tag: Danantara Indonesia

Indonesia’s economic centralisation under Prabowo

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The question for Indonesia today is whether Prabowo’s unbridled centralisation will deliver the sustained economic growth that it promises, or merely build new institutions that distort the coordinating work of markets. Economic centralisation certainly offers more command over the nation’s wealth and a stronger hand in bargaining with the world, but any policy is only as good as the hands that work it.

Danantara and the return of the 'jago' economy

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The 'jago' economy is the mode of economic governance that the Prabowo Subianto administration seems to be institutionalising through Danantara, the huge sovereign wealth fund it established in 2025.

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