Please Don't Repeat Past Mistakes
Market reaction to Megawati Sukarnoputri's election as the fifth President of the Republic of Indonesia has been positive with the rupiah and share index strengthening. But problems over debts and the state budget need to be solved, urgently.
July 31, 2001
WHERE exactly is Indonesia now on the world economic map? Laksamana Sukardi, House of Representatives (DPR) member from the Indonesian Democratic Party of Struggle (PDI-P) faction, is of the opinion that the Indonesian economy is in a deep chasm. Speaking on television, this former banker-turned-politician has asked many times how Indonesia could have ended up so far behind while Korea, Thailand and Malaysia have all managed to free themselves...