Word: indonesia
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...Labor Committee accused Nike and other companies of running virtual slave factories in China, alleging that workers are habitually overworked and underpaid. It's the kind of charge Nike has faced, and denied, repeatedly regarding its operations in Asia. Nike subcontractors employ nearly 500,000 workers in plants in Indonesia, China and Vietnam...
...Kemusu, where he was born. There, for centuries, peasants have done the bidding of the village chief in exchange for his protection, governed by a social code as intricate as the shared irrigation system. Deeply superstitious, the men of Kemusu have changed little in the half-century since Indonesia won its independence from Dutch colonizers. Any leader, village chief or national President must wield unchallenged power or appear weak and incapable...
...people"? That is the crux of Indonesia's tragedy: Suharto is determined to remain President for as long as it takes to solve Indonesia's economic crisis, but he refuses to acknowledge that his family, with its tentacles deep into the nation's business interests, is part of the problem. "None of the economists around him dare to tell him the truth," says Mochtar Buchori, a newspaper columnist in Jakarta. "None have the courage to tell him, 'No, you are wrong...
Camdessus: It would be extremely serious, not only for the world but for the country itself. After all, what we have agreed with Indonesia was not some theoretical vision of the world. It was the well-thought-out program we agreed was in the best interests of Indonesia. To renounce this now would be to renounce an undertaking seen by the entire world as the best course for the country...
Camdessus: The Asian crisis is a formidable impetus for us to continue our efforts to achieve good governance, to make institutional changes, to fight against corruption. It's alleged that the IMF applies the same medicine in all countries. Look at the programs in Thailand, Korea and Indonesia. The medicine in each instance is very, very different. If you will take them, you will see how strongly centered they are on fighting chronic corruption, monopolies and bad procedures. If these programs end up making the countries stronger, it will be because they make a strong effort in correcting these governance...