IBRA: On the Edge of a Precipice

November 6, 2000

In some ways, the Indonesian Bank Restructuring Agency (IBRA) is a bit like a labyrinth. Whoever enters is greeted by a series of dark paths that appear confusing and have the potential to lead one astray. In fact, it is rare for IBRA officials to leave the agency with their reputations fully intact. Unfortunately, this is not solely due to technical economic factors. Some have been removed because of furores over non-economic matters. Take a loo

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