Prabowo Channels Architect of China’s Economic Rise in Push for Legacy

The article discusses Indonesian President Prabowo's efforts to shape his economic legacy, drawing comparisons to the approach of China's architect of economic reform, Deng Xiaoping. Prabowo has established a sovereign wealth fund, redirected billions towards his flagship initiatives, and seeks to influence monetary policy. However, investors are concerned that Prabowo's ambitions may not be backed by realistic and well-conceived policies. The article suggests that Prabowo's moves are aimed at leaving a lasting impact on Indonesia's economy, similar to Deng's transformative role in China's rise. Yet, there are doubts about the feasibility and effectiveness of Prabowo's strategies, as they may not align with the country's economic realities and the concerns of investors. The article highlights the tension between Prabowo's desire for a significant economic legacy and the potential disconnect between his ambitious plans and the practical implementation of sustainable policies that can drive Indonesia's long-term growth and development.