CASE ANALYSIS: INDONESIA-THE TROUBLED GIANT I. Time Context Indonesia is a large country in the Southeast Asia. It has been in steady growth economically under the leadership of Suharto but experiencing unfair treatment by the government as the president favors those of his colleagues in many aspects. Due to Asians financial crisis debt of considerable value has been incurred and lead to economic downturn. Recovery was in 2004‚ upon inauguration of a democratic president but wasn’t enough to answer
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Indonesia - The Troubled Giant Indonesia is a vast country. Its 220 million people are spread out over some 17‚000 islands that span an arc 3‚200 miles long from Sumatra in the west to Irian Jaya in the east. It is the world’s most populous Muslim nation - some 85 percent of the population count themselves as Muslims -but also one of the most ethnically diverse. More than 500 languages are spoken in the country‚ and separatists are active in a number of provinces. For 30 years this sprawling
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Indonesia: The Troubled Giant Question 1: What political factors explain Indonesia’s poor economic performance? What economic factors? Are these two related? The impeachment of the Indonesian dictator Suharto is widely considered one of the most exciting political happenings of recent years. Indonesia is the world’s fourth biggest country‚ with a population of 202 million people; Suharto had ruled the country with an iron fist for about 32 years. The fact that his absolute
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Suharto‚ after 30 years in office left Indonesia an economic wreck. Internal dissent was suppressed. He also used “crony capitalism” to advance his family’s businesses and friends’ as well. 1997 marked the bottom for Indonesia and the International Monetary Fund gave Indonesia $43 billion. Of course Suharto took this money for personal gain. The political and economic factors were caused by Suharto. 2. Why do you think foreign firms have been exiting Indonesia in recent years? What are the implications
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Janaia Langlois EMG3340 International Management Dr. Curtis Curry May 2‚ 2012 Case Study: Egypt the Troubled Giant Questions 1‚ 2‚ 3‚ and 4 1. How would you describe the economic policy that Egypt implemented during 2004-2008? Do you think that this policy helped to boost Egypt’s growth rate? Why? The economic policies that Egypt implemented during the 2004-2008 time frame were made to reform economic policies that were hindering the countries ability to grow economically. Many of the
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Egypt‚ The Troubled Giant Name__________________ Note: This textbook case was prepared “prior” to the Egyptian revolution that occurred early in 2011. The questions should be answered based on the situation at the period of time considered in the question. QUESTION 1: How would you describe the economic policy that Egypt implemented during 2004-2008? The new economic policy was one that promoted trade and put less regulation on Egyptian businesses. 1a. Do you think this
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International Business Case#2 Egypt‚ the Troubled Giant Fei Du 2013-01-28 Chapter#2 case tells us the Egyptian economic situation from 2004 to 2009. For a variety of factors‚ Egypt had different economic performances during these five years. From 2004 to 2008‚ the prime minister of Egypt built a more liberal market in Egypt. He used market economy policy to attract more foreign direct investment. Market economy policy can help the Egyptian growth rate because private individuals and corporations
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potential risks inherent in Egypt’s current political system? What is the best case scenario going forward? What is the worst- case scenario? That the current system is outdated and does not really reflect is happening in the global economy. The best scenario going forward is to become more of a democratic society where they have elected officials with a set of checks and balance for the government. The worst-case scenario would be to continue the way they are going. “Where the people are disenfranchised
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[INTERNATIONAL BUSINESS CASE STUDY] QUESTION 1: What political factors explain Indonesia’s poor economic performance? What economic factors? Are the two related? The impeachment of the Indonesian dictator Suharto is widely considered one of the most exciting political happenings of recent years. After dealing with inflation and a bad economic depression during the final year of President Sukarno in the early 1960s‚ Indonesia experienced rapid and lasting economic growth for three decades
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Indonesia Case Discussion Questions: 1. What political factors explain Indonesia’s poor economic performance? What economic factors? Are these two related? The major political factor affecting Indonesia’s poor economic performance is corruption. Indonesia was run by President Suharto for 30 years. Under his dictatorial rule corruption was rampant at all levels of government. While the country today is democratically run‚ the culture of corruption still pervades. Excessive bureaucracy coupled with
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