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Emerging Markets: Profiting from Indonesia

Posted May 30, 2008

“If you were Indonesia, which countries would you rather have as your buddies? A bunch of sleazy, corrupt, idle ‘lottery winners’ such as Nigeria, Venezuela and Angola? Or would you prefer a set of hard-working and diligent neighbors such as Singapore, Malaysia and Thailand?” — Martin Hutchinson

by Martin Hutchinson

Baltimore – (TFN): At times, you can tell a country by the company it keeps.

Indonesia just announced it plans to leave the Organization of the Petroleum Exporting Countries (OPEC), the infamous cartel that tries to push our oil prices through the roof.

That decision may not seem very significant, but consider it this way: If you were Indonesia, which countries would you rather have as your buddies? A bunch of sleazy, corrupt, idle “lottery winners” such as Nigeria, Venezuela and Angola? Or would you prefer a set of hard-working and diligent neighbors such as Singapore, Malaysia and Thailand? Not to mention two of the largest growth economies in the world: India and China?

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Believe me, when Indonesia left OPEC it wasn’t to save the paltry $3 million annual dues. Like Groucho Marx, Indonesia decided it didn’t want to be a member of a club that had such low standards for membership. Instead, it would rather join the good guys.

For emerging markets investors, that choice is a significant one. Read on to learn how to find profits in Indonesia’s emerging economy.

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Posted by Martin Hutchinson · Filed Under International Investing 

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