Impressive figure: It’s great that Sri Mulyani says she’ll stay. Her public service, however, isn’t a Band-Aid for flawed policies. — Reuters
INDONESIA’S hard-won reputation for stability is under great strain. In the decades after a financial collapse re-ordered the way the country was run, economic decision-making has been fairly predictable and financial managers considered credible.
This has been a big plus for an emerging market that’s often buoyed by bullish projections about its future role in the global economy, but sometimes struggles to get out of its own way.
