Reinventing Indonesia (ePub)

Reinventing Indonesia presents an insider's view of the tumultuous transition that took place in Indonesia from 1997 to 2004. This was a period of unprecedented changes in democratized governance and decentralizing power throughout the country amidst significant economic turmoil. The results of these changes were not pre-ordained, but were the result of the social forces unleashed by the Asian Financial Crisis and the end of the New Order as well as the deft guidance of key policymakers. The book also examines the origins of the economic crisis of the late 1990s in Indonesia and the actions taken to address the crisis during those difficult years.The authors were directly involved in many of the events recounted in this book, particularly Ginandjar Kartasasmita through his career in the Indonesian government under various ministerial positions. Thus, the book provides insights that could only come from those directly involved in the decision-making. It also explains the transitions that occurred in Indonesia in the context of academic theories of democratic transition and consolidation, thereby adding to the body of knowledge in this area. The Indonesian story holds lessons, therefore, for the management of financial crisis, and for the urgency of reform and development of economic and political institutions.Reinventing Indonesia presents an insider's view of the tumultuous transition that took place in Indonesia from 1997 to 2004. This was a period of unprecedented changes in democratized governance and decentralizing power throughout the country amidst significant economic turmoil. The results of these changes were not pre-ordained, but were the result of the social forces unleashed by the Asian Financial Crisis and the end of the New Order as well as the deft guidance of key policymakers. The book also examines the origins of the economic crisis of the late 1990s in Indonesia and the actions taken to address the crisis during those difficult years.The authors were directly involved in many of the events recounted in this book, particularly Ginandjar Kartasasmita through his career in the Indonesian government under various ministerial positions. Thus, the book provides insights that could only come from those directly involved in the decision-making. It also explains the transitions that occurred in Indonesia in the context of academic theories of democratic transition and consolidation, thereby adding to the body of knowledge in this area. The Indonesian story holds lessons, therefore, for the management of financial crisis, and for the urgency of reform and development of economic and political institutions.Contents:Introduction: From Independence to Democracy, a 60-Year JourneyThe Rise of the Indonesian EconomyThe Early Reform Period: 1983–1993Explaining the DemiseThe Crisis: 1997–1999The Chaos that FollowedOn the Way to Recovery and DemocracyDemocratic Consolidation: The Unfinished BusinessSignificant Milestones: Constitutional Reform and 2004 ElectionsPostscript: Promises and ChallengesKey Features:Interprets the events of the transition period in Indonesia (primarily from 1997 to 2004) in the context of the literature on democratic transition and economic policy analysis, in an accessible mannerProvides key insights into the process of constitutional revision that laid the foundation for today's democratic institutions in IndonesiaDraws on the authors' unique perspectives as a participant in many of the major events of the period