Indonesia election perhaps the biggest democracy in the world, which counted as fifth most populous country. It had experience peaceful election. The system already in place, even the atmosphere bit hit up but in the end both party unity to build the country.
The problem with Indonesia election is perhaps too costly and hardly use as media to gather investors. Candidate rarely campaign the real program of economy, mostly too ambitious with promise and could not convince the investors. Analyst also tend to say wait and see to the investors.
The Indonesia economy problem reside the uncertain regulation and bureaucracy, corruption and high cost economy in industry. Although each administration tried hard to solve the problem, but the its already in the system. Need big reform and perhaps have to clean up two generation to have a good system and regulation.
Actually if the candidate propose a hard line law to vanquish the corruption, investors would be convinced. Just put the heavy punishment to the corrupter, the business would be happy. Corruption had hold back Indonesia economy from moving faster.
Investors also many times complaint about regulation which always change every time new administration elected. This is not helping business and economy to grow, look like just playing with the regulation to attract investors. In the end, changed the regulation in the name of nationalism.
Business is business and should not be mix with the nationalism. How to get voter by using nationalism still being used but not helping to speed up the economy. Indonesia need big investment to accelerate the growth from just 4-5 percent to above 7 percent.
