Bank Indonesia and the Crisis: An Insider's View

✍ Scribed by J. Soedradjad Djiwandono

• Publisher: ISEAS Publishing
• Year: 2005
• Tongue: English
• Leaves: 303
• Category: Library

✦ Synopsis

This important book is set to be a key document for those interested in Indonesia's recent economic and political history. There have been many unanswered questions about exactly how the regional currency crisis snowballed into a full-scale banking crisis in Indonesia, coupled with a total loss of credibility within a short time. This record by the official in the midst of the banking crisis, the ex governor of Bank Indonesia, gives a fuller and intriguing picture of the events, including the actions of President Soeharto, as well as a balanced account of the much criticised interventions by the International Monetary Fund. The author also analyses the lessons for monetary policy to avoid future such crisis. This is essential reading for economists and Indonesia watchers.

✦ Table of Contents

Contents
List of Tables
Acknowledgements
Glossary
Prologue: The Crisis and Me
1. Introduction
2. Origin of the Crisis and Early Responses
3. Stabilization and Reform Programmes
4. Poor Programme Implementation
5. Stronger Programme with Weak Comm
6. Bank Indonesia and the Crisis
7. Lessons from the Crisis
8. Epilogue
Postscript
Notes
References
Index
About the Author