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G-24 discussion paper series: The Indonesian bank crisis and restructuring: Lessons and implications for other developing countries
Drawing on the Indonesian experience in 1997, this paper demonstrates the complexity of managing banking crises deals. It aims at deriving conclusions from this experience for other developing countries facing similar problems. The paper also refers to comparative experiences of other countries, in particular Malaysia and Thailand, examines the IMF programme and reveals its shortcomings.
The key question is to what extent the ineffectiveness and slow progress of bank restructuring, corporate restructuring and continued dilemmas in macroeconomic management in Indonesia were due to shortcomings of the economic programme, its sequencing or emphasis, and to what extent it has to be attributed other factors, including corruption and lack of policy-making capacity.
| 2024-1813 | 382 Pan g | Perpustakaan Diplomasi | Tersedia namun tidak untuk dipinjamkan - Repair |
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