Title

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

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Full-text Version

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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.