Dear Democracy Now! Visitor: We are an independent, ad-free daily news program that serves millions of viewers and listeners each month. Our show is special because we make it our priority to go where the silence is. We put a spotlight on corporate and government abuses of power and lift up the stories of ordinary people working to make change in extraordinary times. We do all of this with just a fraction of the budget and staff of a commercial news show. We do it without ads, corporate sponsorship or government funding. How is this possible? Only with your support. If every visitor to this site in December gave just $10 we could cover our basic operating costs for 2016. And, today a generous funder will match your donation dollar for dollar. That means when you give $10 today, your donation will be worth $20. Pretty exciting, right? Please do your part today. It takes just a couple of minutes to make sure that Democracy Now! is there for you and everybody else in 2016.

Your Donation: $

Indonesian Economy

January 13, 1998


Cracks are beginning to appear in U.S. Administration and corporate supportof the Indonesian military dictator Suharto. Calls for his ouster arerising. American officials including Defense Secretary William Cohen andDeputy Treasury Secretary Lawrence Summers are converging on the South EastAsian country to meet with Suharto and to re-assess support for thislong-time U.S. ally. Suddenly the New York Times and the Washington Postare calling for him to step down. The causes for all the alarm are notstreet demonstrations or the anguished cries of imprisoned politicaldissidents, but rather the country’s faltering economy. A multi-billiondollar bailout last year by the International Monetary Fund is not workingand Suharto’s family-controlled billions of dollars worth of investmentsare now being closely examined.


  • Jeffrey Winters, Associate Professor of Political Economy at NorthwesternUniversity, and specialist in South-East Asia and Indonesia. ProfessorWinters can be reached by e-mail at

Related links: