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Jakarta Is Sinking So Fast, It Could End Up Underwater

nytimes.com

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Re: Jakarta Is Sinking So Fast, It Could End Up Underwater

#3
Entire Indonesia is falling apart. Economic development is terribly slow over long term and their main export industries (oil, mining, coal and palm oil - [1]) do not seem to have a future due to underinvestment and drying demand.

Quite sad.. Such a beautiful, diverse country and nice people.

[1] https://atlas.media.mit.edu/en/profile/country/idn/#Exports

Re: Jakarta Is Sinking So Fast, It Could End Up Underwater

#6
post #4

Yeah Jakarta was founded as the Amsterdam of the East Indies. Sadly Indonesia doesn't have the near limitless resources of its old colonial owner that keeps Amsterdam/Holland from sinking. Climate change is going to hurt the poorer countries the most.

I agree but Jakarta is not terribly poor, with a GDP of over $400B [1]. The problem seems more rooted in a low-trust political environment that is riddled with corruption.

[1] https://en.wikipedia.org/wiki/Jakarta

Re: Jakarta Is Sinking So Fast, It Could End Up Underwater

#8
post #4

Yeah Jakarta was founded as the Amsterdam of the East Indies. Sadly Indonesia doesn't have the near limitless resources of its old colonial owner that keeps Amsterdam/Holland from sinking. Climate change is going to hurt the poorer countries the most.

Indonesia actually has a larger GDP than the Netherlands and the largest economy in South East Asia

Re: Jakarta Is Sinking So Fast, It Could End Up Underwater

#10
post #8
post #4

Yeah Jakarta was founded as the Amsterdam of the East Indies. Sadly Indonesia doesn't have the near limitless resources of its old colonial owner that keeps Amsterdam/Holland from sinking. Climate change is going to hurt the poorer countries the most.

Indonesia actually has a larger GDP than the Netherlands and the largest economy in South East Asia

GDP per capita is more than 4x in Netherlands (on a PPP basis). On a straight per capita basis, it’s even higher. See, e.g., https://tradingeconomics.com/indonesia/gdp-per-capita
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