The social legacy of Indonesia's financial crisis
Publication date: 5
No. of pages: 32
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Most of the countries caught up in the Asian financial crisis appear to have weathered the storm. But Indonesia's prospects are far more uncertain. In this Innocenti Insight, development journalist and writer Peter Stalker describes how the financial turbulence of the Krisis Moneter, or Krismon, set off a dramatic social and political chain reaction, with effects on children that could reverberate for years to come. Beyond Krismon examines the legacy of Soeharto's New Order regime in terms of child well-being, the impact of the financial crisis on areas essential to their survival and development and the crippling burden of debt that may jeopardize the nation's hopes for the future.