Frameworks on Statecraft Capital Engineering
- Benchmarking Danantara Indonesia to Abu Dhabi SWF Playbook: Go Big or Go Home!
Indonesia is a US$1.4 trillion economy but to me, that’s still too small compared to the true wealth we possess. In my previous article about the capital bunker crisis,… Read more: Benchmarking Danantara Indonesia to Abu Dhabi SWF Playbook: Go Big or Go Home! - Inside the Capital of Capital: Abu Dhabi SWF’s Playbook and the Future of Danantara Indonesia
Abu Dhabi: The Capital Architect of Nation Abu Dhabi is not just a resource-rich emirate—it is the economic engine of the United Arab Emirates, contributing close to 60 percent… Read more: Inside the Capital of Capital: Abu Dhabi SWF’s Playbook and the Future of Danantara Indonesia - Indonesia “Emas” 2045: 80 Years of Independence – Are We Growing or Just Going in Circles?
From 80 to 100: Indonesia’s Next 20 Years Will Define Everything. The Illusion of Progress Many professionals pride themselves on having “10 – 20 or 30 years of experience.”… Read more: Indonesia “Emas” 2045: 80 Years of Independence – Are We Growing or Just Going in Circles? - Governments in the World Need a Business Model—Not More Taxes or Debts
Why It’s Time to Ditch Economic Orthodoxy and Embrace Statecraft Capitalism Fundamental Problem: No State Sustainable Revenue Model For too long, governments have been trapped in an outdated economic… Read more: Governments in the World Need a Business Model—Not More Taxes or Debts - Indonesia Fiscal Problem: Here is Everything Wrong with Budget Absorption Model
For decades, the Indonesian state has run on a simple premise: as long as we spend the national budget before the end of the year, we are doing our… Read more: Indonesia Fiscal Problem: Here is Everything Wrong with Budget Absorption Model - The Debt Bubble Will Burst: How to Survive the Next Economic Phase
1. The Debt Cycle and Its Implications Ray Dalio’s debt cycle theory holds true across time: In understanding economic conditions, the role of debt cannot be overstated, as it… Read more: The Debt Bubble Will Burst: How to Survive the Next Economic Phase - Do We Accept Riba (Usury) in This World of Fiat Currency?
The concept of riba (usury or interest) has been a cornerstone of Islamic economic principles for centuries. Grounded in the ethical foundations of fairness and justice, its prohibition stems… Read more: Do We Accept Riba (Usury) in This World of Fiat Currency? - Start Here: The Playbook Danantara Needs to Lead Indonesia’s Next 50 Years
For over two decades, we’ve called 5% GDP growth a success story. We’ve managed our deficits. We’ve impressed the bond market. But if your cost of capital exceeds your… Read more: Start Here: The Playbook Danantara Needs to Lead Indonesia’s Next 50 Years - Indonesia Must Migrate from a Debt-Fueled to a Capital-Driven Economy
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 - The Hidden Cost of Indonesia’s Budget Deficit: When the Market Dictates the Nation
For years, Indonesia has treated its annual budget deficit as an acceptable economic reality. As long as the debt-to-GDP ratio stays below 60%, and as long as international investors… Read more: The Hidden Cost of Indonesia’s Budget Deficit: When the Market Dictates the Nation - Indonesia Capital Bunker Crisis: The Strategy to Unlock Dormant Wealth
Indonesia True Wealth Indonesia isn’t poor — it’s capital-suffocated. For decades, our state-owned enterprises (SOEs) have been defended in the name of nationalism and protected under the guise of… Read more: Indonesia Capital Bunker Crisis: The Strategy to Unlock Dormant Wealth - The Capital Architect: How President Prabowo Is Reengineering 844 SOEs Through Danantara
“If you cannot deliver results, get out.” — President Prabowo, April 28, 2025. Those words weren’t just a reprimand. They were a signal: Indonesia has officially entered a new… Read more: The Capital Architect: How President Prabowo Is Reengineering 844 SOEs Through Danantara - Indonesia Capital Strategy: From Budget Manager to Capital Architect
Indonesia Fiscal Playbook Problem Einstein once said, “Insanity is doing the same thing over and over again and expecting different results.” That is exactly what Indonesia has done for… Read more: Indonesia Capital Strategy: From Budget Manager to Capital Architect - Capital Over Compliance: Understanding the Architecture Behind Danantara
1. Introduction: Fiscal Discipline is Sovereignty — A Geopolitical Wake-Up Call Fiscal discipline is far more than just prudent financial management — it is an assertion of national sovereignty.… Read more: Capital Over Compliance: Understanding the Architecture Behind Danantara - Danantara: The Power Play That 99.99% of People Miss
Introduction: The Wrong Conversation Since its announcement, Danantara has faced widespread criticism. The mainstream narrative mistakenly revolves around: Yet all these points miss the true essence. To begin this,… Read more: Danantara: The Power Play That 99.99% of People Miss