The Politics of Development Policy and Development Policy Reform in New Order Indonesia

60 Pages Posted: 19 Nov 2003

See all articles by Michael T. Rock

Michael T. Rock

Hood College - Department of Economics and Management

Date Written: November 2003

Abstract

How can we account for Indonesia's astonishing development performance between 1965 and 1997-rapid growth, massive reduction in the incidence of poverty, low income - inequality and substantial diversification of the economy - in the face of extremely dirigiste microeconomic policies, even by developing country standards, and massive, systemic and endemic rent-seeking and corruption? This question is answered by demonstrating that Suharto, the leader of Indonesia's New Order government, was extremely successful in building and sustaining a procapitalist, pro-integration with the world economy, and pro-growth with equity political coalition in which corruption played a central role.

Keywords: Suharto, New Order, corruption, Indonesia, development policy, economic reform

JEL Classification: O53, Q1, F14, N15, N55, N65

Suggested Citation

Rock, Michael T., The Politics of Development Policy and Development Policy Reform in New Order Indonesia (November 2003). William Davidson Institute Working Paper No. 632. Available at SSRN: https://ssrn.com/abstract=470082 or http://dx.doi.org/10.2139/ssrn.470082

Michael T. Rock (Contact Author)

Hood College - Department of Economics and Management ( email )

401 Rosemont Avenue
Frederick, MD 21701
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
423
rank
66,718
Abstract Views
2,445
PlumX Metrics
!

Under construction: SSRN citations while be offline until July when we will launch a brand new and improved citations service, check here for more details.

For more information