The
execution of Australia’s citizen may cause a drop in Indonesia economic growth.
Australia is a vital trading partner for Indonesia and it can be seen that
Jakarta Composite Index slopped about 4.3 percent in the middle of the
execution day. It rebounded afterward but still 2.6 percent lower than before. Two
of the biggest companies such as PT Bank Central Asia and PT Unilever Indonesia
got their incline 3.9 and 5.1 percent each.
Some
may think that the drop was not influenced by the execution. However, can’t the
timing be more accurate for a reason? Plan of boycotting goods and holidays
have been heard, how many losses will Indonesia earn? The Prime Minister Tony
Abbot followed the mood and said that he would withdraw Australia’s Ambassador to
Indonesia.
If
we think about death penalty, doesn’t it clear that the country – same as
Malaysia, Singapore, and Thailand – have announced that a death penalty will be
fallen on drugs offence crime? Another issue arose here. The president influenced.
He wanted to enforce the country laws and that is okay. However, for that kind
influenced, the process must be followed and the questioned citizen has been
there for 10 years and still in the process of appeal. The president stepped in
can be seen as an unhealthy for the country system.