Rani jarkas — indonesian is a standout in the global economy

Rani Jarkas — Indonesian is a Standout in The Global Economy

Indonesia has the largest economy in Southeast Asia. It’s takes immense pride in being one of the world’s emerging market economies.Â

Indonesia is a nation that comes equipped with great economic potential; a potential that has not gone disregarded to part of the international community.

This great country comprises of several various charactertistics that put Indonesia in a better position for breakthrough economic development.

Rani Jarkas, Chairman of Cedrus Investments, a global boutique investment firm headquartered in Hong Kong, acknowledges the fact that the Southeast Asian country was frequently mentioned as a suitable candidate to be included in the BRIC countries (Brazil, Russia, India and China).Â

Another set of emerging economies which is grouped under the acronym CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) also gained great attention as its members have sophisticated financial systems and fast-growing populations.

There’s more to the massive economy of Asia than just China and Singapore, which are key elements for regional growth.

Indonesia is slowly but merging a reputation as a standout in the global economy, which is supported by a strong domestic economy and a government pro-market reforms embraced by the government. Keeping that in mind, Indonesia saw its stable growth in more than three years.

“Indonesia has been one of the stronger performing EM countries this year outside of countries like Brazil,” Clayton Fresk, portfolio manager at Station Money Management, which is based in Watkinsville, Georgia, and manages around $4 billion in assets, told CNBC lately.

Rani Jarkas accepts that as China’s slowing growth spills over into other developing economies in the region, the country seems to be gravitating above the chaos.

Last year the International Monetary Fund’s mission chief for Indonesia gave its government due credit for its consistent competency leading to economic growth. He even expects the economy to expand by 5 percent.

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