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All Journal Jurnal Iqtisad Economic Journal of Emerging Markets Jurnal Keuangan dan Perbankan Kinerja JEJAK Journal of Economics, Business, & Accountancy Ventura Journal of Indonesian Economy and Business Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan Jurnal Ekonomi Syariah Teori dan Terapan Global Review of Islamic Economics and Business Jurnal Ekonomi dan Bisnis Islam Jurnal Ekonomi & Keuangan Islam Muqtasid: Jurnal Ekonomi dan Perbankan Syariah Shirkah: Journal of Economics and Business International Journal of Islamic Business and Economics (IJIBEC) EkBis: Jurnal Ekonomi dan Bisnis Share: Jurnal Ekonomi dan Keuangan Islam Unisia Jurnal Keuangan dan Perbankan International Journal of Islamic Business and Economics
Agus Widarjono
Department Of Economics, Faculty Of Business And Economics, Universitas Islam Indonesia
Religion Humanities Economics, Econometrics & Finance Education Social Sciences

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Journal : Unisia

 1 
Evaluasi Kritis Kinerja IMF dalam Krisis Asia Agus Widarjono
Unisia No 50/XXVI/IV/2003
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/unisia.vol26.iss50.art2

Abstract

The IMF established after World War II is a part of world society's effort to save the world from economic depression. Initially it had well-defined purposes. With the collapse of fixed exchange rate system in 1971, the IMF lost its original purposes. The institution then brings free market ideology. Fiscal Austerity, privatization and market liberalization are the three pillars of Washington Consensus advice to help countries facing economic problem. Washington Consensus, however, was designed originally to respond economic problem in Latin America where those countries have huge deficit and loose monetary policy. It is not surprise that these recipes cannot run well in the case of the East Asia Crisis. Indeed, the IMF's advice worsened the economic crisis of the regions and spread to other regions 
Co-Authors Dityawarman El Aiyubbi Dyah Widhowaty Eko Purnomo Putri Firna Hayyu Nindya Maritsa M.Bekti Hendri Anto MB Hendrie Anto Muhammad Akhyar Adnan Nabilah Amir Nur Indah Hardianti Qonitat Az-Zahra Rudatin, Ari Sahabuddin Sidiq Sahabudin Sidiq Sidiq Sarastri Mumpuni Rucbha Septiana Indarwati Sintia Dewi Nur Ajizah Zhafira Mardhiyah