IMF Imposes Harsh Structural Adjustment on Indonesia
The IMF announces a $40 billion rescue package for Indonesia with unprecedented conditions: mandatory privatization of state-owned enterprises, elimination of subsidies, and comprehensive financial sector deregulation. These conditions effectively transfer economic control from local Indonesian …
IMF
World Bank
Suharto Regime
McKinsey & Company
Treasury Department
asian-financial-crisis
structural-adjustment
economic-shock
neoliberal-intervention
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