The scramble at the ballot box
Article Abstract:
There will be 48 political parties contesting Indonesian elections on Jun 7 1999, while only one party could win previous elections under former peresident, Suharto. That party was Golkar, and it is likely to dominate Indonesian politics along with the other two parties that existed under Suharto, the Muslim United Development Party, and the Indonesian Democratic Party of Struggle. Golkar retains links with the bureaucracy, and loyalty to village chiefs is important in rural areas, so the party could perform well in the elections.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Indonesia holds its breath
Article Abstract:
Elections have been held in Indonesia and the result is still unclear, but the way the elections were managed has led to a positive response from investors in stocks. The International Monetary Fund (IMF) has also approved further loans for release. The Indonesian Democratic Party of Struggle, which Megawati Sukarnoputri leads, appears to have a lead of the 48 political parties involved in the election. There is concern about the slow rate at which votes are being counted.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Comment about this article or add new information about this topic:
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