TY - JOUR
T1 - The Indonesian Economy in Transition - Policy Challenges in the Jokowi Era and Beyond Introduction
AU - Hill, Hal
AU - Dharma Negara, Siwage
PY - 2018
Y1 - 2018
N2 - It is now more than twenty years since one of the most decisive and important turning points in Indonesian economic and political history. The year 1998 was one of exceptional turbulence, hardship and uncertainty. The seemingly impregnable Soeharto presidency came to a sudden end on 21 May. The economy and the currency were in free-fall, while an acrimonious relationship had suddenly emerged with international financial institutions. There were nasty episodes of conflict, mostly with serious ethnic undertones. Almost a million of the country's citizens were internally displaced. There were various "Yugoslav" scenarios of territorial disintegration. Most important of all, there was no institutional roadmap to guide the country through the vacuum that Soeharto's hasty exit had created.
AB - It is now more than twenty years since one of the most decisive and important turning points in Indonesian economic and political history. The year 1998 was one of exceptional turbulence, hardship and uncertainty. The seemingly impregnable Soeharto presidency came to a sudden end on 21 May. The economy and the currency were in free-fall, while an acrimonious relationship had suddenly emerged with international financial institutions. There were nasty episodes of conflict, mostly with serious ethnic undertones. Almost a million of the country's citizens were internally displaced. There were various "Yugoslav" scenarios of territorial disintegration. Most important of all, there was no institutional roadmap to guide the country through the vacuum that Soeharto's hasty exit had created.
U2 - 10.1355/ae35-2a
DO - 10.1355/ae35-2a
M3 - Article
SN - 2339-5095
VL - 35
SP - 121
EP - 124
JO - Journal of Southeast Asian Economies
JF - Journal of Southeast Asian Economies
IS - 2
ER -