Jakarta: Everyone I talk to here in Indonesia believes that things will get much worse before they get better. Much more difficult to find is anyone who thinks things will start getting better anytime soon. The perception is that “the old man” – a reference to President Suharto that used to be a term of endearment and now is used more derisively – just “doesn’t get it”; that he is not willing to take the current economic crisis seriously and do what’s required to restore domestic and international confidence in his nation.
PacNet #8 – Indonesia: How Much Worse Will Things Get?
February 20, 1998