Mazars presents the EuroCham Country Report Q4 / 2009
Mazars is a member of the European Business Chamber of Commerce in Indonesia.
The world economy is currently struggling to get out of the worst crisis since the great depression and Asia will lead the recovery. As the world comes out of the crisis Indonesia is well placed to progress rapidly as long as this is supported by pro-business reforms improving the investment climate. The central issue is whether
Indonesia’s ruling elite will continue to insist on its substantial share of an underdeveloped economy, or will accept a reduced share of a larger, more open and vibrant economy. Or as President Yudhoyono stated in a recent speech “The key…is our ability to welcome and pursue change, rather than resist it”.
This report reflects the consensus view of the Executive Board and is updated quarterly.