Qstn 1: What Political factors explain Indonesia’s poor economic performance? What economic factors? Are these two related?
Indonesia which is the fourth largest country in the world is arguably among the worst economies of the century. President Suharto’s three decade dictatorial regime could be held responsible for the struggling current economic status of the country. Despite his exit from power in 1997, the country has not been able to recover from the mess left by the past dictator. The countries currency has lost more than 70% of its value (Wahyuni & Ng 2012). In addition, most financial institutions