Growing into Trouble: Indonesia after 1966
@article{Temple2001GrowingIT, title={Growing into Trouble: Indonesia after 1966}, author={Jonathan R. W. Temple}, journal={CEPR Discussion Paper Series}, year={2001} }
This paper analyses the remarkable growth experience of Indonesia since 1966. Over a thirty-year period, GDP per capita rose more than fourfold, despite unfavourable initial conditions, some weak institutions, and flawed microeconomic policies. The paper attributes this strong performance to a mutually reinforcing combination of political stability, competent macroeconomic policy, and some important instances of good fortune. It explores the origins of good policy and analyses three of the main…
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