EconPapers    
Economics at your fingertips  
 

Economic Reforms in Indonesia after the 1997/98 Economic Crisis

Hadi Soesastro, Haryo Aswicahyono and Dionisius Narjoko
Additional contact information
Hadi Soesastro: Centre for Strategic and International Studies

EABER Working Papers from East Asian Bureau of Economic Research

Abstract: This paper reviews the experience of undertaking reforms in Indonesia after the economic crisis 1997/98, focusing on the reforms made under the last two presidents : Megawati and Susilo Bambang Yudhoyono. The review leads the paper to draw some lessons from the experience. Among other, the role of IMF in disciplining the policy direction, and hence the reforms, is quite evident. This is in the light of dramatic change in the political economy of decision-making process after the crisis, where the power was shifted from the president to the government. The paper also finds that one important constraint for delivering a successful reform is nationalistic ideology which strongly opposes the mechanism for moving towards more efficient market. Meanwhile, in practical terms, the change in political architecture seems to have contributed to the coordination problems across the governmental agencies and ministries, which leads to slow progress in the policy implementation.

Keywords: Indonesia; Organisation of government; IMF (search for similar items in EconPapers)
JEL-codes: D00 D01 D02 F59 H11 H83 (search for similar items in EconPapers)
Date: 2006-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.eaber.org/node/21831 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 301 [REDIRECT LOOP] Moved Permanently (http://www.eaber.org/node/21831 [301 Moved Permanently]--> https://www.eaber.org/node/21831 [301 Moved Permanently]--> https://www.eaber.org/node/21831 [301 Moved Permanently]--> https://www.eaber.org/node/21831 [301 Moved Permanently]--> https://www.eaber.org/node/21831 [301 Moved Permanently]--> https://www.eaber.org/node/21831 [301 Moved Permanently]--> https://www.eaber.org/node/21831 [301 Moved Permanently]--> https://www.eaber.org/node/21831)

Related works:
Working Paper: Economic Reforms in Indonesia After The 1997/98 Economic Crisis (2007) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eab:wpaper:21831

Access Statistics for this paper

More papers in EABER Working Papers from East Asian Bureau of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Shiro Armstrong ().

 
Page updated 2025-03-24
Handle: RePEc:eab:wpaper:21831