JAKARTA: Glancing at an iPad attached to a keyboard on a long wooden table in his palatial Jakarta office, Indonesian President Joko Widodo doesn’t look like your average political street brawler.
Jokowi came into office in 2014 riding a wave of support after his stint as Jakarta governor shook up a national political scene filled with the same old characters, mostly from the military, big business or powerful dynasties. So far, investors have given him a vote of confidence. Indonesia’s stock market has gained about 8% since he was declared the winner on May 21, while the currency is up 3% against the dollar.
“I am sceptical that the president has as strong a hand as he suggests,” said Aaron Connelly, a research fellow at the International Institute for Strategic Studies in Singapore, adding that many lawmakers are more loyal to patronage networks than political parties. Perhaps most difficult will be adjusting stringent labour laws that make it difficult for companies to hire and fire employees.
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