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Academic Term Papers Catalog INDONESIA AND THE IMF BAILOUT. |
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| 12658. INDONESIA AND THE IMF BAILOUT. This paper provides an overview and analysis of the current Indonesian economic crisis and the $33 billion IMF bailout. The analysis focuses on the factors which led to the current crisis, notably the system of patronage capitalism, the lack of transparency in markets, the government-business linkages, the insolvency of the banking system, and the underlying environment of political unrest. Following an overview of the history and scope of the crisis and a summary of the IMF bailout program, the analysis focuses on Suharto's system of "crony capitalism" and its role in Indonesia's economic distress. The next section discusses the role and function of the IMF in the context of its current program for Indonesia. A concluding section examines the efforts towards and prospects for Indonesian economic reform and recovery. 25p., 96f., 44b. | $133 |
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