In order to better develop one's potential, the phenomenon of internationalization should pay attention to the so-called “emerging-emerging” countries. This is the opinion of many international analysts and economists. And according to their opinion, Indonesia will be part of the BRICs.
The emergence of Brazil, Russia, India and China into the global economy has upset the economic, political, geopolitical and social balances of the world: the so-called BRIC expression, by the English economist Jim O'Neill, today represents much more than a simple bet and it is already a reality on which the future is being built and will be built. For the four BRIC countries there are many significant demonstrations of power. Russia for example, despite internal political and economic problems and the lack of reforms, continues to grow at a rate of 4% per year, depending almost entirely on the performance of metals and oil; 40% of the most capitalized banks in the world are concentrated between Beijing and Shanghai; India is growing incredibly rapidly and wants to establish itself not only from an economic point of view but also on a political level in the global arena; Brazil, on the other hand, which will host the 2014 World Cup and the 2016 Olympics, aims to become an oil superpower and beyond.
To date, while economists are wondering who between India and China will lead the economy of the 21st century, other countries are looking, not too timidly, at global markets: just think of the ASEAN area from which important realities emerge such as the 'Indonesia. This country, which emerged from the global financial crisis with few wounds, has a 2010 GDP growth rate of 6.1% (some forecasts indicate 6.3% for next year) and per capita GDP is expected to grow by 20% in 2011 -2012. The abundant natural resources (Indonesia is the world's largest exporter of wood, silver and coal) and the rapid growth of the manufacturing sector (thanks to the progressive production delocalization of China) are the keys to the rise of the Asian country.
Other elements in Indonesia's favor are political stability, confirmed by the recent presidential elections, FDI up by 34% compared to 2009 (they reached 3 billion euros) and the prospects for growth in the purchasing power of civil society: in fact, by 2015 it is expected that around 52 million Indonesians could fall into the middle class. The main shortcomings are instead represented by corruption, by the lack and by the precarious condition of the infrastructures which undoubtedly contribute to slow down the development of the country.
Indonesia's growth was also highlighted by O'Neill himself, who after the term BRIC coined another acronym: MIKT (or Mexico, Indonesia, South Korea and Turkey), a new group of countries on which they should focus international investors.
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