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dollar (pbs.org, 1998). Banks and major companies have collapsed overnight. Unemployment has growth dramatically and food prices have skyrocketed. Chaos occurred across the country. Standing at the center of the current crisis is President Suharto. In late October 1997, the Suharto’s government completed an agreement with the IMF (International Monetary Fund). The IMF has approved the agreement and gave $10 billion for financial support. Indonesia’s government also had taken loan from the Asian Development and Bank World Bank (pbs.org, 1998). But his handling of the economic crisis has failed to re-establish confidence both at national and international...
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