The Indonesian Economy in Crisis

The Indonesian Economy in Crisis PDF

Author: Hal Hill

Publisher: Institute of Southeast Asian Studies

Published: 1999

Total Pages: 163

ISBN-13: 9812300589

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This book describes and analyses Indonesia's most serious economic crisis, against the general backdrop of economic decline in Southeast Asia. It also looks forward, considering Indonesia's immediate policy challenges to overcome the crisis, and dwelling on some of the longer-term policy challenges raised by the crisis.

Indonesia's Economy Since Independence

Indonesia's Economy Since Independence PDF

Author: Kian Wie Thee

Publisher: Institute of Southeast Asian Studies

Published: 2012

Total Pages: 326

ISBN-13: 9814379638

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This book contains a collection of papers on various aspects of Indonesia's economic and its industrial development. It discusses the early independence period in the 1950s; the Soeharto era (1966-1998); and the ensuing two economic crises, namely the Asian Financial Crisis of 1997/98 and the Global Financial Crisis of 2008.

Realizing Indonesia's Economic Potential

Realizing Indonesia's Economic Potential PDF

Author: Mr.Luis E Breuer

Publisher: International Monetary Fund

Published: 2018-08-01

Total Pages: 336

ISBN-13: 148433714X

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Analytical work on Indonesian macroeconomic and financial issues, with an overarching theme on building institutions and policies for prosperity and inclusive growth. The book begins with a 20-year economic overview by former Finance Minister Chatib Basri, with subsequent chapters covering diverse sectors of the economy as well as Indonesia’s place in the global economy.

The Indonesian Economy in Crisis

The Indonesian Economy in Crisis PDF

Author: Hal Hill

Publisher: Institute of Southeast Asian Studies

Published: 1999

Total Pages: 176

ISBN-13: 9789812300584

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This book describes and analyses Indonesia's most serious economic crisis, against the general backdrop of economic decline in Southeast Asia. It also looks forward, considering Indonesia's immediate policy challenges to overcome the crisis, and dwelling on some of the longer-term policy challenges raised by the crisis.

The Indonesian Economy

The Indonesian Economy PDF

Author: Hal Hill

Publisher: Cambridge University Press

Published: 2000-04-04

Total Pages: 388

ISBN-13: 9780521663670

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Few countries have experienced such sharply fluctuating fortunes as Indonesia. This book offers a balanced analysis, evaluation and explanation of Indonesia's economic performance, from 1967. Hal Hill highlights Indonesia's successes during this period - rapid industrialisation, major achievements in the food crop sector and the adoption, from the mid-1980s, of outward-looking policies. He also draws attention to the challenges facing the country, including the rocky path towards economic reform, the large external debt, regional and ethnic disparities, and the need for a transparent and predictable policy environment. In this second edition, an extended postscript takes the story through the dramatic turnaround and political and economic crises since 1997, including the downfall of Soeharto.

The Indonesian Economy

The Indonesian Economy PDF

Author: Aris Ananta

Publisher: Institute of Southeast Asian Studies

Published: 2011

Total Pages: 455

ISBN-13: 9814311650

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"Indonesia is one of the few countries that came through the global economic crisis in 2008-09 with positive economic growth. Despite some recorded positive domestic economic performances, Indonesia faces new challenges as its economy keeps growing and the global economy remains uncertain. A new economic development paradigm is needed to overcome old problems (poverty and unemployment, inadequate infrastructure, corruption, a complex regulatory environment, and unequal resource distribution among regions) with global market opportunities. This book provides a new perspective on how Indonesian’s economic policies should be developed by considering its past and future challenges." - Firmanzah, Professor of Economics and Dean of Faculty of Economics, University of Indonesia "Aris Ananta, Muljana Soekarni and Sjamsul Arifin gather excellent researchers and practitioners to discuss important economic policy issues for Indonesia today. They discuss monetary and fiscal policies and real economic sector issues based not only on theoretical analysis but also on their day-to-day experience in economic management. By reviewing Indonesia's economic policy reform and subsequent Asian financial crisis and sub-prime loan crisis, the authors present a new economic development paradigm and explore economic strategy and policies for the new era. The book offers many timely lessons from history, as well as the real policy experiences of the authors, and guides readers in exploring economic policies under the globalized world economy. This book is very useful for both practitioners and researchers." - Masaaki Komatsu, Professor of Economics, Hiroshima University

The Indonesian Economy in Crisis

The Indonesian Economy in Crisis PDF

Author: NA NA

Publisher: Springer

Published: 2016-04-30

Total Pages: 159

ISBN-13: 1137056290

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As the 1998 annual World Bank assessment soberly observed: "No country in recent history, let alone one the size of Indonesia, has ever suffered such a dramatic reversal of fortune." Since the middle of 1997, we have witnessed momentous and tragic events in Indonesia. Nobody foresaw the events, and many ordinary Indonesians have experienced a substantial decline in their living standards. This book describes and analyzes Indonesia s most serious economic crisis against the general backdrop of economic decline in Southeast Asia. It also looks to the future, considering Indonesia's immediate policy challenges to overcome the crisis and dwelling on some of the key longer-term policy challenges raised by the crisis.

Economic Crises and the Breakdown of Authoritarian Regimes

Economic Crises and the Breakdown of Authoritarian Regimes PDF

Author: Thomas B. Pepinsky

Publisher: Cambridge University Press

Published: 2009-08-17

Total Pages: 345

ISBN-13: 1139480413

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Why do some authoritarian regimes topple during financial crises, while others steer through financial crises relatively unscathed? In this book, Thomas B. Pepinsky uses the experiences of Indonesia and Malaysia and the analytical tools of open economy macroeconomics to answer this question. Focusing on the economic interests of authoritarian regimes' supporters, Pepinsky shows that differences in cross-border asset specificity produce dramatically different outcomes in regimes facing financial crises. When asset specificity divides supporters, as in Indonesia, they desire mutually incompatible adjustment policies, yielding incoherent adjustment policy followed by regime collapse. When coalitions are not divided by asset specificity, as in Malaysia, regimes adopt radical adjustment measures that enable them to survive financial crises. Combining rich qualitative evidence from Southeast Asia with cross-national time-series data and comparative case studies of Latin American autocracies, Pepinsky reveals the power of coalitions and capital mobility to explain how financial crises produce regime change.

Managing Currency Crises in Emerging Markets

Managing Currency Crises in Emerging Markets PDF

Author: Michael P. Dooley

Publisher: University of Chicago Press

Published: 2007-11-01

Total Pages: 456

ISBN-13: 0226155420

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The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a highly contentious issue in today's public policy circles. In this book, leading economists-many of whom have also participated in policy debates on these issues-consider how best to reduce the frequency and cost of such crises. The contributions here explore the management process from the beginning of a crisis to the long-term effects of the techniques used to minimize it. The first three chapters focus on the earliest responses and the immediate defense of a currency under attack, exploring whether unnecessary damage to economies can be avoided by adopting the right response within the first few days of a financial crisis. Next, contributors examine the adjustment programs that follow, considering how to design these programs so that they shorten the recovery phase, encourage economic growth, and minimize the probability of future difficulties. Finally, the last four papers analyze the actual effects of adjustment programs, asking whether they accomplish what they are designed to do-and whether, as many critics assert, they impose disproportionate costs on the poorest members of society. Recent high-profile currency crises have proven not only how harmful they can be to neighboring economies and trading partners, but also how important policy responses can be in determining their duration and severity. Economists and policymakers will welcome the insightful evaluations in this important volume, and those of its companion, Sebastian Edwards and Jeffrey A. Frankel's Preventing Currency Crises in Emerging Markets.