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Widjojo Nitisastro and Indonesian development

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  • Peter McCawley

Abstract

Widjojo Nitisastro (2010) Pengalaman Pembangunan Indonesia: Kumpulan Tulisan dan Uraian Widjojo Nitisastro [The Experience of Development in Indonesia: A Collection of the Writings of Widjojo Nitisastro], Penerbit Buku Kompas [Kompas Book Publishing], Jakarta. Widjojo Nitisastro is one of Indonesia's best-known economic policy makers. Much has been written by others about his role as a top adviser over more than three decades. This collection of his own essays helps fill out the picture. Seven main policy themes may be identified: the role of economic growth in helping overcome mass poverty; the need for economic policy makers to pay close attention to risk management and be constantly ready to respond to economic shocks; the importance of strong leadership and discipline in government; the need to scrutinise investment programs closely; the high priority to be given to borrowing programs and debt management; the role of the price mechanism; and the management of Indonesia's relations with the international community. Strong messages about growth, leadership and stability permeate the essays. The collection is a valuable contribution to the literature on economic policy making in developing countries.

Suggested Citation

  • Peter McCawley, 2011. "Widjojo Nitisastro and Indonesian development," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 47(1), pages 87-103.
    • Handle: RePEc:taf:bindes:v:47:y:2011:i:1:p:87-103
    DOI: 10.1080/00074918.2011.556061
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