May be we know about the word of neoliberalism, I think this word is not popular from capitalism and communism but neoliberalism gives many problems in the country. Because the country wants to manipulate other countries, it was done by developed country. In my opinion, formerly Indonesia experienced monetary crisis and it was caused by Neoliberalism. Neoliberalism gives bad impact. Country experienced crisis and for recovering from monetary crisis, for example: when Indonesia experienced monetary crisis 1998 year ago. We could not blame all government’s policy. But I think government role was very important where its policy could impact economy crisis, for example: the price was very high, it caused by hyperinflation in this country, so government did not know, what it would do to solve hyperinflation in this country? Besides that many university student did demonstration. This country was not only experienced economy crisis but also politic crisis. And university student wanted to ask president Soeharto has to retire of president chair.
In 1998, there is no sociopolitical order in Indonesia since 1965, in the history Indonesia experienced reformation period. Where society wanted to change to become is better than before. I think when president Soeharto was still leader in Indonesia, this country felt surplus economy, especially rice. It experienced to grow economy significantly. But economy growth did not hold out a long time. We were so proud to successful to economic growth significantly. What was happen? After that we experienced monetary crisis, this country was fall. We can study reality in 1998, so that this country did not experience monetary crisis again, as like before.
This country had to study in Malaysia, which Malaysia had recovered from monetary crisis quickly. When was happen crisis, Malaysia did not want to ask aid from IMF, because Malaysia believed that IMF would not give good solution but it would make new problem. Here, I would not blame any one, but this country can study from our mistake ago. When we take solution, that problem will not repeat. We know IMF role was very important in the world. But it made many countries had to obey to IMF. Formerly IMF, World Bank, WTO was not transparent, they often manipulated developing counties with asking their aid.
In 1998, there is no sociopolitical order in Indonesia since 1965, in the history Indonesia experienced reformation period. Where society wanted to change to become is better than before. I think when president Soeharto was still leader in Indonesia, this country felt surplus economy, especially rice. It experienced to grow economy significantly. But economy growth did not hold out a long time. We were so proud to successful to economic growth significantly. What was happen? After that we experienced monetary crisis, this country was fall. We can study reality in 1998, so that this country did not experience monetary crisis again, as like before.
This country had to study in Malaysia, which Malaysia had recovered from monetary crisis quickly. When was happen crisis, Malaysia did not want to ask aid from IMF, because Malaysia believed that IMF would not give good solution but it would make new problem. Here, I would not blame any one, but this country can study from our mistake ago. When we take solution, that problem will not repeat. We know IMF role was very important in the world. But it made many countries had to obey to IMF. Formerly IMF, World Bank, WTO was not transparent, they often manipulated developing counties with asking their aid.
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