Is Indonesia a Good Fit for BRICS?

21 Jun 2024 · 56 min
55:43

In this live-stream video, the host (Dr. O) examines whether Indonesia should join the BRICS bloc. He begins by greeting his community and outlining the three core questions: (1) Will BRICS admit Indonesia? (2) Will BRICS be better off with Indonesia? and (3) How might Indonesia shape the future of BRICS. He provides a geographic and historical overview of Indonesia, detailing its archipelagic location, demographic composition, linguistic diversity, and religious makeup, as well as a concise history from early kingdoms through colonial rule to modern independence. The host then shifts to economic analysis, highlighting Indonesia’s status as Southeast Asia’s economic powerhouse, its G20 membership, and its trade relationship with China (US$184 billion). He cites recent statements from former President Jokowi (no current interest in BRICS) and Foreign Minister Retno Marsudi (studying possible membership), and discusses the broader global shift toward de‑dollarisation, the expanding BRICS roster, and the strategic implications of Indonesia’s potential entry compared with India and other aspirants (e.g., Saudi Arabia, Egypt, UAE, Iran, Ethiopia, Thailand, Vietnam). Throughout, he engages with his live chat, polling opinions on EU and Australia joining BRICS, and reflects on the geopolitical dynamics of the Indo‑Pacific, including the China‑Vietnam‑Laos corridor, the Malacca Strait, and the North‑Korea‑Russia relationship. The host adopts a cautious, critical stance, arguing that rapid BRICS expansion could be detrimental and that Indonesia must carefully weigh economic benefits against geopolitical risks. He concludes by reiterating the need for thoughtful study, thanking supporters, promoting his book, and signing off.

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