Frameworks on Statecraft Capital Engineering

Abstract Indonesia Investment Authority (INA) has proven itself in its first four years, but to deliver long-term value it must evolve into INA 2.0: the Republic’s national balance sheet… Read more: Indonesia Investment Authority (INA) 2.0: From Project Partner to Sovereign Capital Architect

Abstract Indonesia now operates two sovereign wealth entities — INA under Jokowi and Danantara under Prabowo — yet their overlapping narratives risk mandate confusion and wasted capital. The recent… Read more: Structuring Danantara and INA in One Roof: The Missing Blueprint of Indonesia SWF

Abstract Indonesia is a US$1.4 trillion economy but sits on US$3–4 trillion in dormant assets—wealth that remains idle instead of compounding. President Prabowo’s creation of Danantara offers a chance… Read more: Benchmarking Danantara Indonesia to Abu Dhabi SWF Playbook: Go Big or Go Home!

Abstract Abu Dhabi transformed oil surpluses into generational wealth through a deliberate sovereign wealth architecture: ADIA as a global allocator, Mubadala as a strategic builder, and ADQ as a… Read more: Inside the Capital of Capital: Abu Dhabi SWF’s Playbook and the Future of Danantara Indonesia

Abstract Indonesia risks mistaking repetition for progress—an 80-year-old nation recycling policies, budgets, and leadership formulas that no longer serve the future. Budget absorption remains the sacred metric, yet it… Read more: Indonesia “Emas” 2045: 80 Years of Independence – Are We Growing or Just Going in Circles?

Abstract Modern states run on a broken model: balance budgets, raise taxes, and plug deficits with debt—reactive tactics that extract wealth from both present and future generations without ever… Read more: Governments in the World Need a Business Model—Not More Taxes or Debts

Abstract Indonesia’s fiscal system is trapped in budget absorption logic—treating year-end spending as success, even when it creates no returns, no reinvestment, and no compounding effects. This liquidation mindset… Read more: Indonesia Fiscal Problem: Here is Everything Wrong with Budget Absorption Model

Abstract Indonesia faces its own cycle: recognition (2025), balance sheet repair (2025–26), and eventual recovery (2026–27), with SOEs and debt-heavy corporates most at risk. In this environment, defensive sectors—consumer… Read more: The Debt Bubble Will Burst: How to Survive the Next Economic Phase

Abstract The prohibition of usury (riba) in Islamic economics, rooted in justice and fairness, raises new questions in today’s fiat-dominated world where money is abundant and easily created. Classical… Read more: Do We Accept Riba (Usury) in This World of Fiat Currency?

Abstract Indonesia’s long-held 5% GDP growth narrative hides a fatal flaw: debt costs more than the economy produces, turning growth into erosion. Anchored by outdated deficit rules like the… Read more: Start Here: The Playbook Danantara Needs to Lead Indonesia’s Next 50 Years

Indonesia may report 5% growth, but when you subtract interest and debt repayments, the real progress is a fraction of what it seems. This chart shows why we must… Read more: Indonesia Must Migrate from a Debt-Fueled to a Capital-Driven Economy

Abstract Indonesia’s budget deficit is often justified by debt-to-GDP ratios and bond market appetite, but this narrative hides a deeper cost: the erosion of sovereignty. Every bond issued is… Read more: The Hidden Cost of Indonesia’s Budget Deficit: When the Market Dictates the Nation

Abstract Indonesia’s true wealth isn’t lacking — it’s trapped. SOEs collectively hold an estimated Rp 52,000 trillion ($3.5T USD) in assets, yet most sit idle, mismanaged, or politically captured,… Read more: Indonesia Capital Bunker Crisis: The Strategy to Unlock Dormant Wealth

Abstract President Prabowo’s April 28 warning to SOE directors marked more than a reprimand — it signaled Indonesia’s shift from budget bureaucracy to capital strategy. With 844 SOEs consolidated… Read more: The Capital Architect: How President Prabowo Is Reengineering 844 SOEs Through Danantara

Abstract Indonesia’s fiscal governance remains trapped in a budget-centric mindset, focused on absorption rather than allocation, which has locked the nation into two decades of ~5% GDP growth. Treating… Read more: Indonesia Capital Strategy: From Budget Manager to Capital Architect

Abstract Fiscal discipline is not mere financial prudence but the foundation of sovereignty, determining whether a nation controls its destiny or falls into dependency. History proves Ferguson’s Rule—when interest… Read more: Capital Over Compliance: Understanding the Architecture Behind Danantara

Abstract Danantara has been misjudged as a mere investment entity or a Temasek clone, with critics focusing narrowly on profitability, BUMN reform, or governance risks. In reality, its essence… Read more: Danantara: The Power Play That 99.99% of People Miss