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Making Economic Policy in Weak, Democratic, Post-crisis States: An Indonesian Case Study

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Author Info

  • Aswicahyono, Haryo
  • Bird, Kelly
  • Hill, Hal

Abstract

Summary Economic crises in developing countries differ in their causes, severity and recovery trajectories. The literature on the causes and immediate management of these crises is well developed. However, it is more difficult to develop an a priori framework which facilitates an analytical interpretation of how crises affect economic policy and hence recovery. This is especially so in the commonly occurring "twin crises," in which an economic crisis interacts with regime collapse. Country studies are needed to contribute to the development of such a framework. This paper addresses these issues with reference to Indonesia's deep economic and political crisis of 1997-98.

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Bibliographic Info

Article provided by Elsevier in its journal World Development.

Volume (Year): 37 (2009)
Issue (Month): 2 (February)
Pages: 354-370

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Handle: RePEc:eee:wdevel:v:37:y:2009:i:2:p:354-370

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Web page: http://www.elsevier.com/locate/worlddev

Related research

Keywords: Asia Indonesia crises economic policy political economy;

References

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Cited by:
  1. Spiegel, Samuel J., 2012. "Governance Institutions, Resource Rights Regimes, and the Informal Mining Sector: Regulatory Complexities in Indonesia," World Development, Elsevier, vol. 40(1), pages 189-205.

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