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    The Indonesian response to the 1997 crisis

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    What have been the implications for the business environment facing foreign investors of measures taken by the Indonesian government since the onset of the East Asian financial crisis in 1997?

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    The Indonesian response to the 1997 crisis has improved the environment for foreign investors. They have reduced tariffs. Indonesia joined the ASEAN Free Trade Association and played a major role promoting free trade and investment in the Asia Pacific Economic Cooperation Forum. These policies have improved the business environment for ...

    Solution Summary

    The Indonesian response to the 1997 crisis is emphasized.