Macroeconomic Policies, Crises, and Long-Term Growth in Indonesia, 1965-90.Comparative Macroeconomic Studies

摘要

This book explains why Indonesia's economic performance during the period farsurpassed that of countries endowed with similar assets and subject to the same shocks. It emphasizes the role of macroeconomic policies in influencing economic growth and transformation--especially the resilience of the Indonesian economy to the external shocks of the 1980s. While this study is primarily an assessment of macroeconomic management, it also assesses trade and financial policies because of their importance in shaping the response of the economy to macroeconomic policies and to nonpolicy disturbances.