Indonesia's Economy at The Old Order
When
our country has been independent, in 1945. Condition the State of the
economy our country is very bad, it is
caused due to:
- Inflation is very high, this is because money in circulating more than one currency in our country a very uncontrolled. At that time, for a while the Government of Indonesia stated the three currencies are applicable in the territory of the REPUBLIC, i.e. the currency De Javashe Bank, Netherlands Indies Government currency, and the currency of the occupation of Japan. much amount of the money in circulation in our country cause prices in our country to be on the rise.
- The economic blockade by the Netherlands since November 1945 to close the doors of foreign trade RI.
- The State Treasury is empty.
Efforts are being made to overcome economic difficulties our nation doing the Loan Program by Finance Minister IR. Efforts to doing blockade by offering as many as 500,00 tons of rice aid to india (because india is a country which has the same fate as ever in Indonesia invaded) and india handed over the medicines to Indonesia. The Economic Conference in
February 1946, the purpose of which is to earn circular deal when tackling the
economic problems that mendesar, such as: issues of production, food, clothing.
Indonesia's Economy at The New Order

President Suharto then add steps that has been done before by Sukarno. and it turns out He managed to suppress inflation from 65% to under 15% in less than two tahum. to suppress inflation is so high, Suharto did that much different from the previous Presidents, he made a budget, publishes the banking sector, restore economic sectors and embrace of Western countries to attract capital.
In addition, Suharto in the 1970s also boost oil mining and mining. So the State revenue from oil and natural gas increased. From 0.6% billion in 1973 and now reaching 10.6% billion in 1980. The policy Summit is when earnings from oil and gas is equal to 80% of Indonesian export results. With that policy, indonesia could advance in development under the rule of the new order.
The Transitional Government (the era of President B.J. Habibie)
The economic crisis has impacted the very concern of the increase in unemployment, both in urban and in rural areas, declining purchasing power, education and health as well as the number of poor population slump gain therefore arose of social safety net policies (social safety net). That led to an astonishing achievement that the exchange rate of rupiah from 16,000 to 6,000 rupiah.
Happens a lot of weirdness and there is
no policy on the economy.At the time of Wahid,
a credit rating Indonesia suffered fluctuations, from CCC'S ratings down
became DDD and then ride back to CCC. One of the main causes was swept up in
the moneter crisis in 1998 which still carried away until his administration
The Unified Indonesia Government (the era of SBY – Boediono)

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