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Indonesia: Recovery from Economic Social Collapse

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    Abstract

    The collapse of the Indonesian economy during the period of the Asian financial and economic crisis of 1997/98, has been one of the most stunning and shocking events to have afflicted a developing country during the past several decades. This paper conducts a brief overview of recent macroeconomic developments in Indonesia, identifies some of the key factors behind the crisis, and outlines the IMF rescue program and the country's policy framework. The paper also discusses the short term economic and social prospects for the country, and policies essential for its recovery.

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    File URL: http://www.uow.edu.au/content/groups/public/@web/@commerce/@econ/documents/doc/uow012252.pdf
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    Bibliographic Info

    Paper provided by School of Economics, University of Wollongong, NSW, Australia in its series Economics Working Papers with number wp99-5.

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    Length: 25 pages
    Date of creation: 1999
    Date of revision:
    Handle: RePEc:uow:depec1:wp99-5

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    Postal: School of Economics, University of Wollongong, Northfields Avenue, Wollongong NSW 2522 Australia
    Phone: +612 4221-3659
    Fax: +612 4221-3725
    Web page: http://business.uow.edu.au/econ/index.html
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    Keywords: INDONESIA ; ECONOMIC POLICY ; ECONOMIC DEVELOPMENT ; MACROECONOMICS;

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