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Government and the Economy in Indonesia in the Nineteenth and Twentieth Centuries

  • Anne Booth
Part of the A Modern Economic History of Southeast Asia book series (MEHSA)

Abstract

What have been the main engines of growth in Indonesia since the early nineteenth century, and what has determined the distributional outcomes of that growth? These are complex questions which do not admit of any simple answer. Many students of Indonesian economic development both in colonial times and more recently have emphasised the crucial importance of external factors in determining the performance of the domestic economy. Certainly, the whole issue of the vulnerability of primary-exporting countries to fluctuations in their terms of trade, and the consequences of this vulnerability for their longer-term growth has generated an enormous international literature, which we will be looking at in more detail in the Indonesian context in the next chapter. But, for a deeper understanding of Indonesian economic performance since the early nineteenth century, we must also develop a better understanding of the domestic factors promoting, and inhibiting, economic growth. In this chapter, it is argued that the actions of successive governments, in both the colonial and post-colonial periods, are crucial to such an understanding.

Keywords

Government Expenditure Money Supply Budget Deficit Government Revenue Export Earning 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Anne Booth 1998

Authors and Affiliations

  • Anne Booth
    • 1
  1. 1.School of Oriental and Asian StudiesUniversity of LondonUK

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