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The majority of literature on the economic crisis in Indonesia has focused on the negative macroeconomic impact during the “crisis years” of 1997–99. The case studies presented in this volume take on a different perspective, analyzing a variety of responses to the crisis among c…
Eichengreen argues that the gold standard of the 1920s set the stage for the Depression of the 1930s by heightening the fragility of the international financial system, and was the mechanism that transmitted the destabilizing impulse from the USA to the rest of the world.
