Sunday, Aug 14, 2022
Outlook.com
opinion

Rice Goddess’s Wrath

China’s just an exacerbating factor, Jakarta’s ills are internal

Rice Goddess’s Wrath
Illustration by Saahil
Rice Goddess’s Wrath
outlookindia.com
-0001-11-30T00:00:00+05:53

Southeast Asia’s largest economy is stuttering. Growth forecasts for Indonesia, the world’s fourth most populous nation, are being slashed (the World Bank changed its 2015 forecast to 4.7 per cent from 5.2 per cent), manufacturing activity is contracting, crucial infrastructure projects are stuck at the starting line and corruption continues. President Joko Widodo has promised growth of 7 per cent a year by 2018, but there is scant evidence from his first 10 months in office of his ability to realise this aspiration.

Compounding, and in part, causing these woes are several external factors, most of which boil down to the worry de jour of Southeast Asian policymakers: China. The Chinese economy straddles the region like a colossus. China is ASEAN’s largest trading partner; bilateral trade topped $366.5 million in 2014. Until recently, demand from the mainland has been the rising tide that lifted all boats in the region.

Outlook Newsletters

Read More from Outlook

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

In happy times and sad, Habba Khatun’s sensuous songs make both young and old emotional. With the never-ending conflict bringing tragedies to every doorstep, Habba’s lyrics of separation amplify their mourning.

How Indian Laws Govern People’s Right To Love And Live

How Indian Laws Govern People’s Right To Love And Live

In India, only those relationships between a man and a woman are considered to be legitimate when there is a marriage between the two.

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Virat Kohli, 33, had recently stepped down as India's T20I captain and was subsequently removed as the ODI captain.

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

A Mahila Congress leader, who is the face of the ‘Ladki Hoon, Lad Sakti Hoon’ campaign, however, has accused the party of anti-women bias after she was denied a ticket.