Toying with Pillars of Credibility

THERE is no president or prime minister who would want to see the welfare of their people be compromised by a recession. That also applies to Indonesia. President Joko Widodo has repeatedly stated that he will not hesitate to take extraordinary measures to mitigate the effects of Covid-19 on the economy.

The problem is, when overdone, those extraordinary measures can create a problem that is worse than the recession it tried to overcome. Especia

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