Jokowi faces short honeymoon

Investors and sell-side analysts say they are pleased with Joko “Jokowi” Widodo’s victory in this week’s presidential elections in Indonesia, but the urgent work of tackling budget issues means he will have little time to bask. Joko is well regarded as the mayor of Solo and the governor of Jakarta, but he has no experience at the national level, let alone abroad. He is likely to get a quick education, given the likelihood of the US Federal Reserve raising interest rates in 2015. …