On The Remake

THERE is no regulation that prevents Bank Indonesia from changing its image. In fact, should the bank need funds to improve its image, the public will understand. But if the makeover is aimed merely at sustaining the central bank’s own interests, a well-intended program can end up breaking the rules.

Many believe this is what happened in 2003 with the bank’s program to improve its image. At that time, the central bank faced a monumental prob

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