Can Prabowo’s economic nationalism save Indonesia from potential MSCI downgrade?
In the wake of Indonesia’s worst stock-market rout since the 1998 Asian financial crisis, President Prabowo Subianto’s administration has turned to appeals to economic nationalism to shore up confidence, urging citizens to rally behind the country’s battered stock market. The government has promised reforms in response to warnings from global index provider MSCI that Indonesia could be downgraded…
We haven't written up this one. South China Morning Post has the full story — the link below goes straight to it.