A Year of Reckoning for Indonesia’s Economic Resilience
January 27, 2009
Amol Titus
IN the 1997/98 Asian financial crisis Indonesia was one of the worst-hit ASEAN economies with several predictions of prolonged doom and gloom. Yet in the following decade the country has shown a remarkably stable growth trajectory. There is even cautious optimism that it will survive the current Wall Street-triggered global economic crisis relatively well.
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