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). 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

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