Word: indonesia
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...rest of Indonesia, though, the move is financial poison. Pegging the rupiah to the dollar would only work if Indonesia's economy were "comparatively healthy--functioning banks, low inflation, low unemployment, like in the U.S.," says Baumohl. "Indonesia has none of those. It'll be a disaster...
...Suharto Living Dangerously As his government and economy teeters on the edge of collapse, Indonesia's president comes up with a risky idea to save his country ? or at least his family finances...
...Nino works, scientists are now convinced, is that high pressure in the eastern Pacific sends trade winds blowing to the West. Because these winds push water before them like an invisible plow, the sea's surface actually measures about a foot and a half higher around Indonesia and Australia than it does off the coast of Peru. When the pressure drops and trade winds slacken, the water sloshes back downhill, to the east...
Your stories have opened a lot of eyes to how the Asian economies fell apart [WORLD, Jan. 12]. It's very disappointing to see what is happening. Many Asian young people who were studying abroad have been forced to return home. And the price of many products in Indonesia has risen as much as 100%. But if we let the economies in Asian countries fail, would it be good for the U.S.? Asians would not be able to buy imported products. And if the U.S. cannot sell products to Asia, won't it mean less money for America? ANDY HALIMAN...
...that would boost exports and thus increase the nation's income. It established rules that let companies do business more effectively. But we grew too many businesses. They were like cockroaches and rats, and now it is very hard to get rid of them. Only a miracle can solve Indonesia's problems. We are too scared to change and afraid to sacrifice our comfort. PARIANTORO HADIMOTO Bogor, Indonesia...