Rangoon and Jakarta. a Tale of Two Juntas

Description: 

At a recent seminar in Jakarta, Sjahir, President of the Institute for Economic and Financial Research [ECFIN], had good news to announce. He said, "The worst is over. The Rupiah (Indonesia?s official currency) will be more stable in 1999." Last year, the Rupiah dropped sharply. This set off an economic crisis and sparked student-led protests, which culminated in May of this year, when President Suharto resigned. Now, the Rupiah has regained some of its strength, but the future of Indonesia and the stability of President B.J.Habibie?s government remains uncertain.

Source/publisher: 

" "The Irrawaddy" Vol. 6, No. 6

Date of Publication: 

1998-12-00

Date of entry: 

2003-06-03

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Format: 

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