Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

What we can learn from Indonesia

An Indonesian I met on the street asked me curiously where I came from. "Kenya!" I answered proudly. "Is that Africa?" he asked. "Yes," I said with a grin hoping he had figured out where Kenya was on the map. Then he asked rather sheepishly: "Is Kenya in Mogadishu," my heart sunk. Mogadishu seems better known than Nairobi at least by my newly found acquaintance. With two other Kenyans, we visited Indonesia's capital last week to learn what drives the economy of one of East Asia Pacific's economic powerhouses.

Indonesia ranks 50th in the World Economic Forum's Global Competitiveness Index; its economy worth $888.5 billion according to World Bank, is already the 16th largest in the world. Some economists argue that it could pass Germany and the United Kingdom to become the 7th largest economy by 2030. In 2016, the World Bank forecasts that Indonesia's economy will grow by 5.3 per cent; life expectancy in 2014 was 69 years; it has a GNI index of $3,630 and primary school enrolment rate of 106 per cent. It is rated as one of the world's emerging economies; it is a member of the G-20 major economies. Some of its major exports include oil and gas, cement, food, textiles and rubber.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902

Follow The Standard on Google News