Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/190151
Authors: 
Timmer, Charles Peter
Year of Publication: 
2018
Series/Report no.: 
WIDER Working Paper 2018/103
Abstract: 
This chapter addresses the unrelenting pessimism in Asian Drama about Indonesia's development prospects. This pessimism was based on two key realities: the poor level of governance demonstrated by the Sukarno regime (partly a heritage of Dutch colonial policies) and the extreme poverty witnessed in rural areas. Using historical and modern data on the Indonesian economy, the chapter explains the policy approach that resulted in three decades of rapid, pro-poor growth during the Suharto regime. The Asian financial crisis in 1998 caused the Suharto regime to fall and introduced democratically elected governments. After a decade of stagnation, economic growth returned to the rapid rate seen during the first three decades of the Suharto regime, but it is no longer pro-poor.
Subjects: 
governance
Indonesia
pessimism
poverty
pro-poor growth
JEL: 
B25
I32
N55
O53
ISBN: 
978-92-9256-545-9
Document Type: 
Working Paper
Social Media Mentions:

Files in This Item:
File
Size
362.14 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.