Written by a major public figure and player in the events, this
important book documents and evaluates a turning point in the
political and economic history of Southeast Asia's most populous
country, Indonesia. Controversial issues such as the infamous bank
closures are analysed, and there is a wealth of detail on a range
of topics during this turbulent period in Indonesia's recent
history. This book contains a vast amount of original and valuable
material, including the workings of the International Monetary Fund
(IMF) at a critical juncture. It also details the various domestic
responses to the crisis against the swift and ferocious behaviour
of the international markets. Part autobiography and part treatise,
this volume candidly examines the Bank Indonesia crisis and has
important lessons and insights into the way the economy was managed
in the last years of the Soeharto era. A must-read for economists,
government analysts and scholars of Southeast Asia and Indonesia in
particular which is destined to itself generate much more debate
about the events of that period.
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