[lbo-talk] Time to Invade Indonesia

[kjkhoo at softhome.net]

Brad Mayer wrote:
>Vietnam is already in the Eurozone for its foreign trade, will Malaysia,
>Indonesia follow?

Malaysia, unlikely -- not in the near future. The US is its single 
largest trading partner. US, Japan and Singapore (a lot of it 
transhipment) accounts for more than one-half total exports. Europe 
accounts for a small proportion. Overall, country is too dependent on 
trade -- total exports and imports come to about 200% of GDP. The 
currency remains pegged to the dollar. US FDI are the single largest 
source of FDI now -- although FDI has plummeted over the last couple 
of years.


>Indonesia May Dump Dollar; Rest of Asia Too?: William Pesek Jr.
>
>By William Pesek Jr.