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Danantara

  • Cargo Cult Capitalism: Why Indonesia’s New Sovereign Wealth Fund Won’t Fix the 5% Growth Trap
    24th January 2026

    Cargo Cult Capitalism: Why Indonesia’s New Sovereign Wealth Fund Won’t Fix the 5% Growth Trap

    Guest Article by Nisa Fathia Rahma Indonesia’s struggle to escape its 5% growth ceiling reflects deep institutional constraints rather than a temporary slowdown. While the government has turned to the Danantara sovereign wealth fund to drive development, without regulatory certainty, meritocratic governance, and rule of law, state-directed capital risks reinforcing…

    Guest Author

The Sino-Southeast Initiative (SSI) provides in-depth analysis and diverse perspectives on issues concerning China and Southeast Asia. Through rigorous research and interviews with scholars in the field, we offer a distinct platform to engage with important dynamics shaping the region.


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