TY - JOUR
T1 - Beyond crony capitalism : from banking crisis to financial crisis in Indonesia
AU - SHARMA, Shalendra D.
PY - 2002/1/1
Y1 - 2002/1/1
N2 - Counters the common understanding of Indonesia's economic crisis as bound up in crony capitalism by arguing for a more complex view of "sources of vulnerability" and "precipitating" causes. These two aspects overlapped in the pivotal months between Aug 1997 and Mar 1998. Indonesia's banking sector, insufficiently capitalized and regulated while excessively guaranteed, was a chief area of vulnerability. The situation was also aggravated by the International Monetary Fund (IMF) and the Suharto government's weak macroeconomic administration.
AB - Counters the common understanding of Indonesia's economic crisis as bound up in crony capitalism by arguing for a more complex view of "sources of vulnerability" and "precipitating" causes. These two aspects overlapped in the pivotal months between Aug 1997 and Mar 1998. Indonesia's banking sector, insufficiently capitalized and regulated while excessively guaranteed, was a chief area of vulnerability. The situation was also aggravated by the International Monetary Fund (IMF) and the Suharto government's weak macroeconomic administration.
UR - http://commons.ln.edu.hk/sw_master/3484
UR - https://www.scopus.com/inward/record.uri?eid=2-s2.0-0036395106&partnerID=40&md5=9a3e8b2d4fcf33ef9b6a86741165ecc5
M3 - Journal Article (refereed)
SN - 1568-4849
VL - 30
SP - 384
EP - 419
JO - Asian Journal of Social Science
JF - Asian Journal of Social Science
IS - 2
ER -