You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Indonesian Economy

Listen
Media Options
Listen

Cracks are beginning to appear in U.S. Administration and corporate supportof the Indonesian military dictator Suharto. Calls for his ouster arerising. American officials including Defense Secretary William Cohen andDeputy Treasury Secretary Lawrence Summers are converging on the South EastAsian country to meet with Suharto and to re-assess support for thislong-time U.S. ally. Suddenly the New York Times and the Washington Postare calling for him to step down. The causes for all the alarm are notstreet demonstrations or the anguished cries of imprisoned politicaldissidents, but rather the country’s faltering economy. A multi-billiondollar bailout last year by the International Monetary Fund is not workingand Suharto’s family-controlled billions of dollars worth of investmentsare now being closely examined.

Guest:

  • Jeffrey Winters, Associate Professor of Political Economy at NorthwesternUniversity, and specialist in South-East Asia and Indonesia. ProfessorWinters can be reached by e-mail at jaw@nwu.edu.

Related links:

Related Story

StoryJan 10, 2025Jimmy Carter Championed Human Rights But Also Funded & Armed Indonesia’s Genocide in East Timor
The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top