The Indonesian Economy

This second edition plots Indonesia's economic fortunes up to and including 1999.

Hal Hill (Author)

9780521663670, Cambridge University Press

Paperback, published 4 April 2000

386 pages, 64 b/w illus. 67 tables
24.4 x 17 x 2 cm, 0.61 kg

Few countries have experienced such sharply fluctuating fortunes as Indonesia. This book offers a balanced analysis, evaluation and explanation of Indonesia's economic performance, from 1967. Hal Hill highlights Indonesia's successes during this period - rapid industrialisation, major achievements in the food crop sector and the adoption, from the mid-1980s, of outward-looking policies. He also draws attention to the challenges facing the country, including the rocky path towards economic reform, the large external debt, regional and ethnic disparities, and the need for a transparent and predictable policy environment. In this second edition, an extended postscript takes the story through the dramatic turnaround and political and economic crises since 1997, including the downfall of Soeharto.

1. Introduction
2. An overview of economic development since 1966
3. Money and finance
4. Fiscal policy
5. International dimensions
6. The state and public policy: ideology and intervention
7. Agricultural modernization
8. Industrial transformation
9. The services revolution
10. Poverty, inequality and social progress
11. The regional dimension
12. Conclusion: Looking to the future
13. Update: An unforeseen crisis.

Subject Areas: Development economics & emerging economies [KCM], Macroeconomics [KCB]