Beyond crony capitalism : from banking crisis to financial crisis in Indonesia
Document Type
Journal article
Source Publication
Asian Journal of Social Science
Publication Date
1-1-2002
Volume
30
Issue
2
First Page
384
Last Page
419
Abstract
Counters the common understanding of Indonesia's economic crisis as bound up in crony capitalism by arguing for a more complex view of "sources of vulnerability" & "precipitating" causes. These two aspects overlapped in the pivotal months between Aug 1997 & Mar 1998. Indonesia's banking sector, insufficiently capitalized & regulated while excessively guaranteed, was a chief area of vulnerability. The situation was also aggravated by the International Monetary Fund (IMF) & the Suharto government's weak macroeconomic administration.
Print ISSN
15684849
E-ISSN
22123857
Publisher Statement
Copyirght © 2002 Koninkliike Brill NV, Leiden
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Sharma, S. D. (2002). Beyond crony capitalism: From banking crisis to financial crisis in Indonesia. Asian Journal of Social Science, 30(2), 384-419.