Dealing with bank system failure: Indonesia, 1997-2002
The crisis recovery program in Indonesia has failed badly in relation to the two key objectives of development economics policy-making: efficiency and equity. The economy went into a very severe recession within a few months of the IMF appearing on the scene, and five years later output was still only at approximately the pre-crisis level. The collapse of the banking system and the associated bailout of depositors by the government has had the effect of imposing a loss on the general public,...[Show more]
|Collections||ANU Research Publications|
|1820-01.2003-08-04T05:20:54Z.xsh||360 B||EPrints MD5 Hash XML|
|wp-econ-2003-05.pdf||190.86 kB||Adobe PDF|
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.