Indonesia has a population of 235 million and it has a vast amounts of natural resources such as coal. In the 80’s and 90’s, the economical growth was about 7%, every year. But in 1998, they had an Asian financial crisis and many companies went bankrupt. The last three years, the country is again doing well with an economical growth of 6%. The country has, just like all other countries, problems. The main problems are high corruption, unemployment and the fact that many people live in poverty. Geography is also a sorrow point of Indonesia. The country exist out of 5 island. Communication is not easy, that’s why it is the world fastest-growing mobile market. They skipped the landline stage and jumped straight to wireless. The mobile market is also very competitive. The firms are bidding for customers. The competition is hard, but still attractive.
Indonesia is a underdog in the Asian economy. Everybody is looking to China and India, expecting them to become the new world leaders on the economical market. But Asia has other players, like Indonesia, with a big amount of natural resources and fast growing economy. The biggest problem of Indonesia, is corruption. Corruption makes it not interesting for the Western financier to buy stocks in Indonesia companies. Only Western companies in Indonesia are interesting, like some telecommunication companies.
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