1. The Roots of Reformasi in Indonesia
After Suharto assumed the presidency, inflation was brought under control through 'belt-tightening' measures. ... As a result of these measures, the poverty rate in Indonesia was significantly lowered. ... In return for these 'belt-tightening' measures, the IMF would provide loans to cover the short term obligations of these countries to their lenders. ...
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- Grade Level: Undergraduate