المستخلص: |
The economy of Indonesia has deteriorated significantly since the 1960s due to political instability. The government's decision to nationalize the economy, the austerity plans and the disruption of economic decisions led to extreme poverty and internal and external crises. The Sukarno regime ended in the mid-1960s following anarchy, The export economy shrank, infra-structure collapsed, many factories were shut down, the economy was in a state of decline, and Indonesia saw a rapid improvement in its economic indicators and the volume of investment flowing into it. To the West by the Asian miracle in the 1980s and 1990s. (1998).. The Asian financial crisis of the late 1990s was one of the greatest disasters and crises in Indonesian history, rapidly expanding into a social and political catastrophe and the end of Suharto's rule. Indonesia was the country most affected by the 1997-1998 Asian financial crisis. The exchange rate of the rupee against the US dollar fell from about 2600 rupees to 14,000 In addition to the lack of financial supervision and corruption that led to the 1997 financial crisis, which constituted the negative side of authoritarian rule In Indonesia's experience in the IMF disk Indonesia more de-pendent on foreign loans, which exceeded $ 200 million in 1967,. The Indonesian government has decided by the year of 1999, to close 16 privately owned commercial banks as part of an eco-nomic reform plan agreed with the International Monetary Fund to restore confidence in the financial sector And the banker in Indonesia and achieve new economic reform
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