Underlying Indonesia’s vibrant economy is political stability. In 2001, Indonesia embarked on an ambitious and challenging decentralization effort. While it has been a challenging journey, today Indonesia is one of the most decentralized countries in the world with substantial funds and authorities devolved to the regions.
Significantly, Indonesia is the only country in Southeast Asia that has bucked the trend of a democracy in trouble. Democracy is blossoming in a country with direct elections for the President, Governors, Mayors and Regents throughout. Indonesia has gracefully transformed from an authoritarian state to a regional role model.
