Unfinished Financ ial Sector Reforms Hamper Growth

December 12, 2006

Amol Titus

  • Based in Jakarta, works for HSBC and has intimate knowledge & experience of the 1997/98 financial crisis and the subsequent economic recovery

    FINANCIAL sector meltdowns, like the painful one Indonesia experienced in 1997/98, ultimately serve a useful purpose in the evolution of nation states if subsequent policy measures institutionalize some of the lessons learnt. If properly implemented such institutionalization can help prevent a cyclic

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