Macroeconomic Policies, Crises, and Long-Term Growth in Indonesia, 1965-90 - Wing Thye Woo - Paperback

Describes how Indonesia's structural adjustment program produced long-run economic growth. Indonesia has overcome several major economic crises during this period to become one of Asia's newly industrialized economies. The unusual structural adjustment program that produced Indonesia's long-run growth is the main theme of this detailed study. The study explains how Indonesia * stabilized its economy and subdued hyperinflation by reversing the conventional sequence of economic reforms * redirected the country away from the troubled oil industry and toward highly profitable manufacturing sectors * reduced poverty and increased economic growth and incomes--despite the tight financial controls of adjustment.Woo, Wing T. is the author of 'Macroeconomic Policies, Crises, and Long-Term Growth in Indonesia, 1965-90 - Wing Thye Woo - Paperback' with ISBN 9780821322123 and ISBN 0821322125.