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Strategies & Market Trends : Asia Forum

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To: Stitch who wrote (1105)	1/18/1998 8:00:00 PM
From: Rational	Read Replies (1) of 9980

Stitch: A tighter credit policy is needed in SE Asia. More importantly, though, a credit policy that is independent of politics and corruption is critical. << What prescriptions could you suggest that may avoid social unrest while the piper is being paid?>> I do not think there is any easy solution to the inevitable social unrest, except perhaps uprising that engenders Kim DJ's in the SE Asian nations. Suharto has created a destructive political process so as to thwart opposition leaders like Megawati Sukornoputri from taking over the helm of Indonesia. There is a lot of popular resentment against Suharto, but there is also a fear for the corrupt and ingratiating military that backs him. It is a difficult situation, but I do not expect chaos. Sankar

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