Marie Michael Library

The Indonesian Bank Crisis and Restructuring: Lessons and Implications for other Developing Countries

Pangestu, Mari

Drawing on the Indonesian experience in 1997, this paper demonstrates the complexity of managing banking crises deals. It aims at deriving conclusions from this experience for other developing countries facing similar problems. The paper also refers to comparative experiences of other countries, in particular Malaysia and Thailand, examines the IMF programme and reveals its shortcomings.