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Widjojo Nitisastro (23 September 1927 – 9 March 2012) was an Indonesian economist, who was known as the main architect of the Indonesian economy during the New Order regime [1] of President Suharto, serving as Minister for National Development (1971–1983) and Coordinating Minister for Economy, Finance and Industry (1973–1983). [2]
The national emblem of Indonesia contains a shield that represents Pancasila. Pancasila economics (Indonesian: Ekonomi Pancasila), also known as "Indonesian populist economics" (Indonesian: Ekonomi kerakyatan Indonesia), is an economic system which aims to reflect the five principles of Pancasila. [1]
"The Banteng Council in particular and the people of Central Sumatra in general have no wish to build a State within a State, because relations between the Regional and the Central Government of the Republic of Indonesia will certainly return to normal when there is a Cabinet that can eliminate all the feelings of confusion, tension and ...
Nasakom (Indonesian: Nasionalisme, Agama, Komunisme), which stands for nationalism, religion and communism, was a political concept coined by President Sukarno.This concept prevailed in Indonesia from 1959 during the Guided Democracy Era until the New Order, in 1966.
Economic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions.
Sumitro (standing, third from left) as part of an Indonesian student football team in 1939. Sumitro was born in Kebumen on 27 May 1917. He was the eldest child of Margono Djojohadikusumo, a high ranking civil servant in the colonial government of the Dutch East Indies and later founder of Bank Negara Indonesia, [1] [2] and Siti Katoemi Wirodihardjo. [3]
In the mid-1950s, the economists who would become the Berkeley Mafia were students at the Faculty of Economics at the University of Indonesia (FEUI). The faculty was headed by Sumitro Djojohadikusumo, an economist who had served as Minister of Trade and Industry and Minister of Finance for the Government.
The economy of Indonesia is a mixed economy with dirigiste characteristics, [31] ... or Masterplan Percepatan dan Perluasan Pembangunan Ekonomi Indonesia, ...