Why Indonesia is integral to Asia's economic growth

Vincent Lagger, fund manager at Swiss & Global Asset Management, examines Indonesia's role in Asia's ongoing growth story.

Since the financial crisis, Asia has benefitted from loose monetary policies, low leverage, unabated investment and consumer spending. This positive backdrop translated into a swift recovery, widening the growth gap between emerging and developed economies. Growth in Asian economies such as Indonesia has been characterised by favourable demographic and social trends, a sound banking system, a diversified economic base, robust financial health and supportive economic policies. While China and India are commonly considered the engine of future global growth, Indonesia can claim a simila...