SINGAPORE (May 8): The Indonesian economy has been performing well relative to most large emerging economies such as Brazil, Mexico or Russia. But its growth, at 5% in 2016 and 4.9% in 2015, is well below what it is capable of and pales beside China and India, raising questions over what is holding this potential global dynamo back. In recent weeks, these niggling concerns have been compounded by worries about rising political risk, following the defeat of the progressive but controversial incumbent governor of Jakarta in his re-election attempt.

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