An ‘Elder Brother’ Sends a Signal
Tuesday, July 24, 2007
Why is Indonesia, as the country which was hit hardest by the crisis, taking the longest time to recover? Each analyst has their own argument. Former Bank Indonesia Governor J. Soedradjad Djiwandono has an interesting analysis: Indonesia failed to create political stability as the primary condition for turning deterioration into economic recovery.
In Indonesia, it took a long time to create political stability. Policies taken to face the crisis
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