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APEC to the rescue

Article Abstract:

A Concerted Asian Recovery Programme is needed to help boost Asian economies, and this program could be launched at the Asia-Pacific Economic Co-operation summit in Nov 1998. Monetary and fiscal expansion of national economies can help improve the environment for carrying out structural reforms such as reform of the financial system. Export-led solutions are hampered by the reliance the countries involved have on each other as markets. Fiscal stimuli are possible since these countries have strong budget positions.

Author: Bergsten, C. Fred
Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
Asia, Asia-Pacific Economic Cooperation

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Investment rules

Article Abstract:

Indonesian president, Abdurrahman Wahid, aims to attract foreign investment. Investors have tended to avoid Indonesia due to violence, political instability and scandals. Three areas of economic policy are important for foreign investment, and they are policies toward medium companies, decentralization and privatization. Regions are to be given greater autonomy, which may initially create probleelms, but they will eventually be in competition with one another.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
Foreign investments, Indonesia

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