Getting on with it
Article Abstract:
President B.J. Habibie, of Indonesia, has won the support of his political opponents and the military commander, General Wirtanto. Habibie is also proving to be more competent than people expected. However, Indonesia is still experiencing economic problems and there are demonstrations about corruption and nepotism under Suharto. Habibie differs from his predecessor, Suharto, in that he talks to journalists, attends parliament and talks about social issues such as the treatment of ethnic Chinese. However, social unrest threatens the stability of the country.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Soaring ambition
Article Abstract:
Indonesia's Research and Technology Minister, a life-long friend of president Suharto, is likely to become the country's next vice-president. The 61-year-old Habibie is not a popular choice with the financial markets, because of his lack of political and economic acumen. Investors worry about his assertion that inflation and high interest rates are linked, when conventional wisdom believes the opposite. It is expected that Habibie's election will be unopposed and will take place at the People's Consultative Assembly in March 1998.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: U.S. mending ties with China. Improving military relations
- Abstracts: Room with a view. Southern comfort. Room with no view
- Abstracts: Oil sales in the pipeline. Airport auction in Bolivia
- Abstracts: Sales diplomacy. Improving a miracle. Relax! That's an order
- Abstracts: Shadow play. Clearing the ranks. Temperature rising; student protests make ruling party fret about support