Beijing - New Delhi. Jakarta?

Beijing - New Delhi. Jakarta?

Beijing - New Delhi. Jakarta?

With all the plus and minus, China and India have become world's new growth engine, and to some extend, the world silently relies on their economic might to keep the economy growing. Trade-led China, even move further, by developing giant infrastructure projects nationwide, world class cities and facilities, to make it well-prepared for the dawn of new world order.

India, however, despite the fast-pace growth over the past 2 decades, fails to catch-up China in many ways, especially in infrastructure, and facilities. I would say that China and India are two different worlds. You can easily feel you're in first world, economic heavyweight power, in Shanghai, China's most important city.  You won't feel the same if you're in Mumbai.

Let's cut it off here, everyone is talking about China and India, and their silent competition. Let's talk about Indonesia, the medium-size Asian giant. Indonesia is actually in a good shape to catch you with India, while it's still far to catch you with China. Infrastructure-wise, India is lagging behind Indonesia, i would say. And with the current commitment from Indonesian government to spent US$400 billion in the next 5 years for infrastructure alone, will give Indonesia a competitive edge over India. Indonesia is also located in a very stable and economically-friendly neighbors, Australia, Malaysia, Singapore, Thailand, and China, Korea, Japan for further extend. While India is located nearby vulnerable and politically-unstable neighbors, let alone their economic performance, Sri Lanka, Bangladesh, Pakistan, Afghanistan. Eventhough India alone is already big, without friendly neighbors, it's not easy to foster growth in the long run.

Overall, Indonesia is in better shape than India, proportionally; it's percapita is bigger, export percapita is bigger, forex reserve, demographic condition, etc.

While Indonesian companies remain modest in term of size and revenue, it's accelerating in an amazing pace, and new companies come to surface. It's only about time, when Indonesia will replace India as Asia's investor darling.

Written for Good News From Indonesia by Akhyari Hananto

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Artikel ini dibuat oleh Penulis Terverifikasi GNFI, dengan mematuhi aturan menulis di GNFI. Isi artikel ini sepenuhnya menjadi tanggung jawab penulis. Laporkan tulisan.

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Akhyari Hananto

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy

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