03074cas a2200277 a 4500 AALejournalIMF001465 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451847253 1018-5941 BD-DhAAL BD-DhAAL Kovanen, Arto. Indonesia : Anatomy of a Banking Crisis Two Years of Living Dangerously 1997-99 / Arto Kovanen, Olivier Frecaut, Barbara Baldwin, Charles Enoch. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (139 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its resolution. Although a strategy was put in place over the initial months, protracted delays in implementation led to an explosion in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the political transition seemed completed; but, in a continuing unsettled environment, the new authorities still faced daunting challenges. This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its resolution. Although a strategy was put in place over the initial months, protracted delays in implementation led to an explosion in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the political transition seemed completed; but, in a continuing unsettled environment, the new authorities still faced daunting challenges. This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its resolution. Although a strategy was put in place over the initial months, protracted delays in implementation led to an explosion in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the political transition seemed completed; but, in a continuing unsettled environment, the new authorities still faced daunting challenges. Mode of access: Internet Baldwin, Barbara. Enoch, Charles. Frecaut, Olivier. IMF Working Papers; Working Paper ; No. 2001/052 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/052/001.2001.issue-052-en.xml IMF e-Library