sovereign wealth fund
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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…
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Has Indonesia’s New Sovereign Wealth Fund Stumbled Before It Could Run?
Danantara’s governance has raised many concerns throughout its first half-year in existence. While much will need to be ironed out as the fund is in its infancy, the current governance and structure raises many flags that need to be resolved if Indonesia truly and seriously wants its very own Temasek.…
Sino-Southeast Initiative 