Danantara’s ‘impact investing’ is really just state capitalism

Indonesia is calling it “impact investing.” In fact, it is not. The country’s new sovereign fund, Daya Anagata Nusantara, better known as Danantara, has been presented as a vehicle to align financial returns with national development goals. In practice, it looks far closer to a more assertive form of state capitalism, repackaged in the language […] The post Danantara’s ‘impact investing’ is really just state capitalism appeared first on Asia Times .

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