After Soeharto: prospects for reform and recovery in Indonesia
With Soeharto’s demise, Indonesia gained democracy but lost effective government. The economy has been slow to recover from the crisis, and even modest growth of around 3–4% may not be able to be maintained: neither stagnation nor decline is out of the question. It is therefore urgent to overhaul Indonesia’s public sector institutions, which had been co-opted by Soeharto into his economy-wide ‘franchise’—a system of government devoted to the objective of redistributing income and wealth from...[Show more]
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