Navigating Geopolitical Tension: Indonesia’s Strategic Position Between the OECD and BRICS+

Indonesia is at a pivotal crossroads in the evolving geopolitical landscape, striving to balance its relationships with two major international coalitions: the OECD and the recently expanded BRICS+. As the largest economy in Southeast Asia and a G20 member, Indonesia serves as a crucial bridge between developed and developing nations.

The OECD acts as a club of predominantly developed countries that promotes policies enhancing economic and social well-being. Indonesia’s accession to the OECD will provide access to best practices in governance, economic development, and sustainable methods, which are essential for its national development goals.

Meanwhile, the BRICS+ coalition, comprised of emerging economies, offers Indonesia a platform to voice the concerns and aspirations of developing countries. As Indonesia navigates this complex geopolitical terrain, it must carefully balance its commitments and aspirations.

Indonesia’s recent decision to join BRICS+ is primarily motivated by political reasons instead of economic gains. However, the challenge lies in aligning its domestic policies with the interests of both coalitions while also addressing broader issues such as climate change, economic inequality, and geopolitical instability.

Original source: https://www.aciti.org.au/forum

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