Indonesia’s Jokowi failing to deliver on reform

Joko Widodo (commonly known as Jokowi) came to power three years ago promising to reinvigorate the struggling economy and raise growth to 7%. Despite some encouraging progress at the start of his presidency in pushing through important reforms, Jokowi has fallen well short of expectations. Without further improvements to the country’s infrastructure, as well as steps to free-up the labour market, we think growth will remain stuck at around 5.0%.