Indonesia's Suharto-era Development Policies and the New Order Economy (1967-1998)

1. Foreign Investment Law opens economy to FDI

   Dec 24, 1966Labels: Foreign Investment

   • ForeignAffairs
   • Britannica
   • NewOrder

2. Suharto begins “New Order” economic stabilization

   Jan 1, 1967Labels: Suharto, New Order

   • Britannica
   • ForeignAffairs
   • NewOrder

3. IGGI donor consortium coordinates external financing

   Jan 1, 1967Labels: IGGI, Donor Consortium

   • IGGI
   • Britannica

4. First Five-Year Plan (Repelita I) begins

   Apr 1, 1969Labels: Repelita I, Five-Year Plan

   • Repelita
   • EAsiaForum

5. Malari riots expose tensions over foreign-led growth

   Jan 15, 1974Labels: Malari Riots

   • Malari
   • NewOrder

6. Pertamina debt crisis triggers tighter debt monitoring

   Jan 1, 1975Labels: Pertamina, Debt Crisis

   • UPI
   • Pertamina

7. Rupiah devaluation supports shift toward non-oil exports

   Mar 30, 1983Labels: Rupiah Devaluation

   • UPI
   • Rupiah

8. June 1983 banking deregulation ends credit ceilings

   Jun 1, 1983Labels: Banking Deregulation

   • Rupiah
   • RBA

9. Indonesia reaches rice self-sufficiency milestone

   Jan 1, 1984Labels: Rice Self-Sufficiency, BULOG

   • FAO
   • Repelita

10. Pakto 1988 liberalizes banking entry and expansion

    Oct 27, 1988Labels: Pakto 1988, Banking Reform

    • RBA
    • Undip

11. CGI replaces IGGI, shifting donor coordination

    Jul 17, 1992Labels: CGI, IGGI

    • WorldBank
    • CGI
    • IGGI

12. IMF Stand-By Arrangement begins amid Asian crisis

    Nov 5, 1997Labels: IMF Stand-By, Asian Crisis

    • IMFBrief
    • IMFLoI

13. May 1998 riots and Suharto resignation end era

    May 21, 1998Labels: May 1998, Suharto Resignation

    • FallSuharto
    • MayRiots
    • IMFBrief