President Joko Widodo (Jokowi) cruised to victory in last week’s presidential election against his only challenger, Prabowo Subianto. Parties supporting Jokowi are likely to secure a majority in parliament as well. Provinces with large numbers of Christians such as North Sulawesi and East Nusa Tenggara also raised their support for Jokowi, as did Hindu-dominated Bali. Hizbut Tahrir — banned by Jokowi for its extremism and whose members used to abstain from voting — switched to vote for PKS to punish Jokowi. If we are right and Jokowi acts on these reforms, Indonesia will surge and may even grow faster than China or India.

Source: The Edge Markets May 02, 2019 03:33 UTC