Word: sukarnoism
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...world situation has changed dramatically, and American involvement in Viet Nam can and must change with it." Since the major U.S. Viet Nam buildup began in 1965, the U.S.S.R. and China have grown more hostile toward each other; Communist-courting Sukarno has been turned out of power in Indonesia; other Asian nations have made great economic gains. The region is now better able to withstand a weakened Communist challenge...
These are the hot and sticky days in Djakarta. From countless roadside stands, spicy odors of cooking food mingle with the smell of the clove-scented cigarettes so favored in Indonesia. Skeletons of unfinished skyscrapers still stand as bleak monuments to the grandiose dreams of the Sukarno era; three-wheeled betjak rickshas duel with decrepit cars on the capital's crowded streets, just as they have for years. But despite the outward resemblances to the bad old days, change is coming to Indonesia. In sharp contrast to the early '60s, that change is for the better...
Given the near-total economic chaos left behind by Sukarno, improvement is bound to be slow. Still, in the 2½ years since President Suharto's government began its stabilization program, real progress has been made. At the moment, says a senior Western diplomat with long experience in Indonesia, "the internal situation is remarkably calm, and to anyone who has known Indonesia over the years, this is simply fantastic." With at least temporary political stability in hand, Suharto's small group of Western-trained economists has managed to balance Indonesia's budget for the first time...
Crude Instruments. There were risks involved in what the economists did, notably in lifting Sukarno's foreign-exchange restrictions to stimulate exports. "It was like a doctor operating on a patient," says Mohammad Sadli, head of the Foreign Investment Board. "The patient was too weak, and our instruments were crude, but we couldn't postpone the operation." In 1966, the inflation rate was 650%; now it is being held below 25% a year. The basic price of rice has been stabilized at less than half the top price of last year...
...Ping-Pong and, he tells friends, has recently taken to reading the Old Testament "to better understand the Jewish mind." His living room in the Cairo district of Manshiet al Bakri is filled with pictures of world leaders, many of whom he has outlasted in power, from Indonesia's Sukarno to Lyndon Baines Johnson...