IMF Imposes Radical Structural Adjustment on Indonesia
On October 15, 1997, the International Monetary Fund (IMF) announced a comprehensive $43 billion bailout package for Indonesia during the Asian Financial Crisis, contingent upon radical structural adjustment reforms. The IMF mandated a 50-point reform program that included closing 16 private banks, …
International Monetary Fund
Suharto Government
World Bank
McKinsey & Company
Bank Indonesia
asian-financial-crisis
structural-adjustment
imf
indonesia
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