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HISTORY IN THE MAKING - A systemic transition in Indonesia

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  • Satish Mishra

Abstract

Indonesia is engaged in a systemic transition that entails the overhaul of political institutions as a means of embedding democratic consolidation and decentralized governance. This is certainly a case of 'history in the making', a process full of exciting possibilities, but also fraught with grave risks. In such a context, the paper argues that a narrow focus on economic reform as a means of rejuvenating the Indonesian economy from the terrible recession of 1998 is excessively optimistic. Institution-building in Indonesia is going to be a long and difficult process. External agencies assisting the Indonesian transition will need to engage in that process with considerable care, caution and foresight.

Suggested Citation

  • Satish Mishra, 2002. "HISTORY IN THE MAKING - A systemic transition in Indonesia," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 7(1), pages 1-19.
    • Handle: RePEc:taf:rjapxx:v:7:y:2002:i:1:p:1-19
    DOI: 10.1080/13547860120110443
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    References listed on IDEAS

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    1. J. Stiglitz, 1998. "More Instruments and Broader Goals: Moving toward the PostWashington Consensus," Voprosy Ekonomiki, NP Voprosy Ekonomiki, vol. 8.
    2. Hill,Hal, 2000. "The Indonesian Economy," Cambridge Books, Cambridge University Press, number 9780521663670, Enero-Abr.
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    Cited by:

    1. Mohammad Zulfan Tadjoeddin, 2013. "Educated but poor: Explaining localized ethnic violence during Indonesia’s democratic transition," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 16(1), pages 24-49, March.
    2. N. A. Phelps, 2004. "Archetype for an archipelago? Batam as anti-model and model of industrialization in reformasi Indonesia," Progress in Development Studies, , vol. 4(3), pages 206-229, July.

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