COVID-19 has done more to close borders, reverse globalisation, decouple supply chains and marginalise multilateral institutions than the most fervent efforts of the world’s populist nationalists.
Turning this emerging model into a confidence building policy package that can be applied more broadly in a future pandemic everywhere from the neighbourhood (Indonesia) to a faltering G7 member (Italy) will require some skilful multilateral institutional work.
The leader of one of Indonesia’s biggest provinces has set up dedicated services to tackle the spread of the coronavirus, drawing in one of The Australia-Indonesia Centre’s partner Universities.
With the national cattle herd at its lowest point in more than 20 years because of the drought, a line of feeder steers bound for Indonesia from Darwin has sold for a record high of $4 per kilogram.
Indonesia is urging that countries band together in the fight to contain the spread of the COVID-19 coronavirus globally, Foreign Minister Retno Marsudi said on Friday.
Australia is doing a lot of thinking about what steps to take in the South Pacific. How high does the ‘Pacific step-up’ have to go? How many different steps? Step style? Step hierarchy?
Covid-19 reveals a need for Australian exports beyond China, security plans for epidemics, and supply-chain smarts.
Indonesia’s stock index extended losses before reversing to gains on Monday morning trade, after a market rout sent the gauge to its worst month in six years as coronavirus cases grow.
The Australian government has expressed interest in investing in Indonesia’s SWF. This was conveyed by Australian Treasurer Josh Frydenberg during a bilateral meeting with Finance Minister Sri Mulyani Indrawati.
Economists state that economic relations between countries are a function of size & distance. Those with large economies gravitate toward each other, as do those in close proximity.
Australian policymakers need to include the island states of the western Indian Ocean in our Indo-Pacific strategy, even if only in a fuzzy way.
Much more than only trade and investment, the Indonesian President has grander ambitions for the two neighbours.