Analysis

Indonesia: Early Election Projections Show Possible Three Horse Race
In this 2004 photo, Prabowo Subianto (second from left) and Aburizal Bakrie (second from right) pose with other Golkar Party candidates for the 2004 Indonesian presidential election. Prabowo and Bakrie are currently the leading candidates for Indonesia’s 2014 presidential election. (AP Photo/Dita Alangkara)
February 28, 2013
| Economics
| Asia and the Pacific
Summary
Despite being still more than a year away, presidential elections in Indonesia are heating up from the streets of Jakarta to boardrooms in London. Incumbent president Susilo Yudhoyono is constitutionally barred from seeking a third term, paving the way for two powerful rival Indonesian families to battle each other for the high prize.
The Bakries and Subiantos, influential clans with large business empires and deep connections to the late dictator Suharto, have fielded the only two candidates so far with a realistic chance of winning the Indonesian presidential race next year.  However, their controversial pasts and Suharto ties have underwhelmed an Indonesian electorate eager to see the slow pace of political reform sped up. All this bodes well for a potential entry by Joko Widodo, the popular Jakarta governor who has yet to signal his intention to run for president.
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