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Web-only Exclusives
November 30, 2000

From Our Correspondent: Hirohito and the War
A conversation with biographer Herbert Bix

From Our Correspondent: A Rough Road Ahead
Bad news for the Philippines - and some others

From Our Correspondent: Making Enemies
Indonesia needs friends. So why is it picking fights?

Asiaweek Time Asia Now Asiaweek story

DECEMBER 10, 1999 VOL. 25 NO. 49

It Won't Be Easy
Wahid's economic agenda:

    ALSO IN ASIAWEEK
Early Days
New President Abdurrahman Wahid has not yet shown a coordinated economic agenda for Indonesia. But he may soon be forced to do so
• Challenges
What must be done to fix the economy

Lessons
How international grocer Royal Ahold of the Netherlands bit the dust in Shanghai

Technology
Selling Chinese culture on the Net

Opportunity
Global insurance companies prepare for their passage to India

Investing
Julian Mayo, managing director of Regent Financial Services on 'business as usual' in Malaysia

Viewpoint
The 'Economic Y2K' confronting Asia

  RELATED STORIES
ASIAWEEK
Indonesia: His, and ASEAN's, Way
Wahid says (mostly) the right things

Daily Briefing: The World as Wahid Sees It
The new Indonesian president outlines his policies.

TIME
Indonesia: Now for the Hard Part: the Economy
President Wahid had better pay attention to economics if he wants to hold onto power

CNN
Wahid sworn in as Indonesian president
October 20, 1999

Wahid wins Indonesian presidency after turbulent election
October 20, 1999

 • Entice back some of the capital removed by Chinese-Indonesians who pulled out during the violence-filled final days of Suharto's presidency last year

 • Assure foreign investors that Indonesia will be a clean, transparent place in which to put their money

 • Rehabilitate banks - at an estimated total cost of $70 billion - so they can resume lending to capital-starved companies

 • Auction assets and bad-loan packages acquired by IBRA without being seen as selling out to foreigners or being too quick to strike a deal

 • Prevent the Balkanization of Indonesia - not least by retaining Aceh and the $2 billion in oil and gas export-royalties it provides annually to national coffers

 • Juggle a cabinet of largely inexperienced economic and finance-sector ministers from diverse political, religious and ideological backgrounds



ABN-Amro

This edition's table of contents | Asiaweek home

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