JAKARTA – Indonesia fell to 48th place out of 70 economies on this year’s International Institute for Management Development’s (IMD) World Competitiveness Ranking, down from 40th in 2025 and far below its peak position of 27th in 2024. The decline is no mere temporary setback but reflects deeper unresolved structural weaknesses. The ranking shows clearly […]The post The crumbling foundations of Indonesian competitiveness appeared first on Asia Times.