Scorpion fable stings Suharto
Article Abstract:
Indonesian President Suharto appears to be playing the role of the scorpion who, in an Indonesian fable, caused its own demise. Suharto refuses to accept the conditions of the International Monetary Fund in exchange for a $40 billion bailout package. Suharto's new cabinet includes his daughter and other friends, which critics call an example of leadership through nepotism and cronyism.
Publication Name: International Business Asia
Subject: Business, international
ISSN: 1324-5414
Year: 1998
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Is first family on its last legs?
Article Abstract:
President Suharto's rule over Indonesia could be nearing its end. The publically funded empires built by his three daughters, three sons, and their spouses will be affected by the economic reforms set by the International Monetary Fund (IMF). Indonesian researchers have accused the president of not solving the country's problems and have asked him to resign.
Publication Name: International Business Asia
Subject: Business, international
ISSN: 1324-5414
Year: 1998
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Suharto: dark clouds over Jakarta's future
Article Abstract:
President Suharto of Indonesia began his seventh five-year term in 1998. With a population nearing 200 million, Indonesia has become the largest Muslim country and Suharto's presidency has given the nation political stability, economic development, and national unity for 30 years. Some predict his daughter, Siti Hardyanti Rukmana, will succeed him.
Publication Name: International Business Asia
Subject: Business, international
ISSN: 1324-5414
Year: 1998
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