Bank Indonesia and the Crisis

Know about the book -

Bank Indonesia and the Crisis is written by J. Soedradjad Djiwandono and published by Flipside Digital Content Company Inc.. It's available with International Standard Book Number or ISBN identification 981451585X (ISBN 10) and 9789814515856 (ISBN 13).

This important book is set to be a key document for those interested in Indonesia's recent economic and political history. There have been many unanswered questions about exactly how the regional currency crisis snowballed into a full-scale banking crisis in Indonesia, coupled with a total loss of credibility within a short time. This record by the official in the midst of the banking crisis, the ex governor of Bank Indonesia, gives a fuller and intriguing picture of the events, including the actions of President Soeharto, as well as a balanced account of the much criticised interventions by the International Monetary Fund. The author also analyses the lessons for monetary policy to avoid future such crisis. This is essential reading for economists and Indonesia watchers.