Essay Database

International Finance Executive Summary Ensuring economic success is one of the main responsibilities of a man in power, such as President Suharto. Citizens depend on their leaders to represent their best interests and to provide a certain standard of living. In the case of Indonesia, the political leader sought personal gain, in both power and finance, and provided his people with the minimum to keep them content and quiet. Organizations, such as the IMF, were …

…establish a currency board that would link the rupiah to the dollar. This would ensure reasonable levels of fluctuation and provide a somewhat stable economy, which would attract foreign investment. However, I would not establish the currency board hoping that it, in itself, would solve the economic crisis in Indonesia. I would wait until the economy returns to a normal and stable position and then implement the currency board to maintain economic success. ------------------------------------------------------------------------ **Bibliography**