Managing the Indonesian economy: Some lessons from the past
Open Access
- 1 December 2005
- journal article
- research article
- Published by Taylor & Francis in Bulletin of Indonesian Economic Studies
- Vol. 41 (3) , 309-324
- https://doi.org/10.1080/00074910500411906
Abstract
This paper draws some tentative lessons for the management of Indonesia's economy from recent political–economic history. After a brief review of the economy under the present government, the paper then puts the picture in the longer term perspective of post-independence Indonesia. Some lessons are then drawn. They include the need to maintain awareness of the close connection between economics and politics, constant vigilance about economic stability and the budget, a solid economic team, a coherent overall strategy and a focus on institutions and governance.Keywords
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