Social legacy of Indonesia’s crisis

5 April 2001

A new pamphlet from UNICEF details the social legacy of Indonesia’s financial crisis. In addition to detailing the immediate and subsequent social costs, the paper notes that the huge debt burden Indonesia now shoulders as a result of the bail-out programme is “a handicap that could cripple human development for years ahead”, and “may have undermined the government’s capacity to invest in human development”.

Peter Stalker, 2000, Beyond Krismon, the Social Legacy of Indonesia’s Financial Crisis