Indonesian Rupiah
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ESSAY DETAILS
Words: 1493
Pages: 5
(approximately 235 words/page)
Pages: 5
(approximately 235 words/page)
Essay Database > Literature > English
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
showed first 75 words of 1493 total
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showed first 75 words of 1493 total
showed last 75 words of 1493 total
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**
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**