World-Bank

McKinsey and International Organizations Outline Restructuring Strategy for Asian Markets

1998-03-15 00:00:00 +0000 UTC | Importance: 8/10

In the context of the 1998 Asian Financial Crisis, multinational organizations like McKinsey, the IMF, and World Bank recommended aggressive corporate restructuring strategies for Southeast Asian economies. The recommendations focused on financial sector reforms, governance improvements, and policy …

McKinsey & Company IMF World Bank Multinational Corporations asian-financial-crisis corporate-strategy economic-intervention market-restructuring imf-policy +1 more

IMF Imposes Harsh Structural Adjustment on Indonesia

1997-10-08 00:00:00 +0000 UTC | Importance: 9/10

The IMF provided a $10 billion bailout to Indonesia in November 1997, imposing stringent structural adjustment conditions that demanded banking sector reforms, public spending cuts, and market deregulation. These policies, while intended to stabilize the economy, resulted in significant social …

IMF Suharto Government World Bank McKinsey & Company imf structural-adjustment economic-shock-therapy asian-financial-crisis indonesia +2 more