Indonesia among Top Emerging Markets in Asia By Harvey Goldstein

Introduction•Harvey Goldstein is an American businessman

with over 46 years of experience in Asian markets with special focus on Southeast Asia. Throughout the course of his long career, Harvey Goldstein has advised numerous Fortune 100 firms and helped identify opportunities in emerging Asian markets. Currently, he primarily consults regarding businesses and investment opportunities in Indonesia.

Investing in Developing Countries•Last year, investors poured over $50

billion into mutual funds for developing countries. Bloomberg Markets recently ranked the top 20 emerging markets based on more than a dozen criteria, including their own financial market statistics and World Bank and IMF forecasts. To the surprise of many, Indonesia appeared on the list despite its high inflation rate.

Conclusion

•Experts attribute the region’s continued growth to government tax incentives for such projects as airports. These policies helped encourage foreign investments totaling around $907 million according to Bloomberg. Further reflecting this trend, the Market Vectors Indonesia Small-Cap ETF became the second best ETF among emerging markets, growing by 27.23 percent since 2013.