20 Years of Economic Reform
This month, we are commemorating 20 years of Reform. What is the condition of the Indonesian economy 20 years after the Reform Movement, which was triggered by the 1997 financial crisis?
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Container trucks drive along Jl. Jampea on Monday (21/5/2018) in Tanjung Priok, North Jakarta. The Central Statistics Agency’s data shows that Indonesian exports reached US$14.47 billion in April, 7.19 percent lower than exports in March, but a 9.01 percent increase year-on-year.
This month, we are commemorating 20 years of Reform. What is the condition of the Indonesian economy 20 years after the Reform Movement, which was triggered by the 1997 financial crisis?
Battered during the 1997 Asian financial crisis and forced to beg for bailouts from the IMF, Indonesia is currently the world\'s 16th largest economy and the only Southeast Asian country with GDP that exceeds US$1 trillion.