Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • February 2016
  • Teaching Note
  • HBS Case Collection

Indonesia: Growth and Stability in a Global Economy

By: Lakshmi Iyer
  • Format:Print
  • | Language:English
  • | Pages:9
ShareBar

Abstract

This country case on Indonesia is designed to enable a discussion of the potential risks in financial globalization. The country suffered a severe economic crisis in 1997-98 when global capital withdrew from many Asian countries. A significant currency depreciation of 21 percent during 2013 raised the possibility of another crisis, but Indonesia's economy weathered this change extremely well. The case enables students to understand when global capital inflows pose a risk, and how national economic strategies can successfully benefit from globalization. This case can also be used to discuss the costs and benefits of decentralized decision making, democratic institutions and potential tradeoffs between growth and redistribution.

Keywords

Indonesia; Growth; Stability; Currency Depreciation; Decentralization; Currency; Balance and Stability; Globalization; Economic Growth; Indonesia

Citation

Iyer, Lakshmi. "Indonesia: Growth and Stability in a Global Economy." Harvard Business School Teaching Note 716-063, February 2016.
  • Purchase

More from the Author

    • 2016
    • Faculty Research

    Institutions, Institutional Change and Economic Performance in Emerging Markets

    By: Lakshmi Iyer
    • 2015
    • Faculty Research

    The Long Run Consequences of Colonial Institutions

    By: Lakshmi Iyer
    • May 2015
    • Faculty Research

    The United Kingdom and the Means to Prosperity

    By: Laura Alfaro, Lakshmi Iyer and Hilary White
More from the Author
  • Institutions, Institutional Change and Economic Performance in Emerging Markets By: Lakshmi Iyer
  • The Long Run Consequences of Colonial Institutions By: Lakshmi Iyer
  • The United Kingdom and the Means to Prosperity By: Laura Alfaro, Lakshmi Iyer and Hilary White
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College