This was a good discussion and I linked to it in my latest post: EM Fund Stock Picks & Country Commentaries (February 28, 2023) https://emergingmarketskeptic.substack.com/p/em-fund-stock-picks-commentary-february-28-2023 - One of the EM funds I wrote about also talked about how the next step for Indonesia would be to invite battery companies and EV car manufacturers to set up factories and create an end-to-end EV supply chain there as this could eventually improve their balance of trade aka lower fuel imports...
This was a good discussion and I linked to it in my latest post: EM Fund Stock Picks & Country Commentaries (February 28, 2023) https://emergingmarketskeptic.substack.com/p/em-fund-stock-picks-commentary-february-28-2023 - One of the EM funds I wrote about also talked about how the next step for Indonesia would be to invite battery companies and EV car manufacturers to set up factories and create an end-to-end EV supply chain there as this could eventually improve their balance of trade aka lower fuel imports...