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Berkeley Mafia
The Berkeley Mafia was the term given to a group of American-educated economists in Indonesia who were given technocratic positions under the Suharto dictatorship during the late 1960s. They were appointed in the early stages of the New Order administration. Their work focused on promoting free-market capitalism in Indonesia and reversing many of the progressive economic reforms that had been introduced by the Sukarno government. The Berkeley Mafia, like the Suharto dictatorship itself, aligned with the United States during the Cold War. The group included Widjojo Nitisastro, Mohammad Sadli, Emil Salim, J. B. Sumarlin, and Ali Wardhana. Dorodjatun Kuntjoro-Jakti who graduated later from Berkeley is also sometimes included as a member of this group. Origins In the mid-1950s, the economists who would become the Berkeley Mafia were students at the Faculty of Economics at the University of Indonesia (FEUI). The faculty was headed by Sumitro Djojohadikusumo, an economist who had ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between ratio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Netherlands
) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherlands , established_title2 = Act of Abjuration , established_date2 = 26 July 1581 , established_title3 = Peace of Münster , established_date3 = 30 January 1648 , established_title4 = Kingdom established , established_date4 = 16 March 1815 , established_title5 = Liberation Day (Netherlands), Liberation Day , established_date5 = 5 May 1945 , established_title6 = Charter for the Kingdom of the Netherlands, Kingdom Charter , established_date6 = 15 December 1954 , established_title7 = Dissolution of the Netherlands Antilles, Caribbean reorganisation , established_date7 = 10 October 2010 , official_languages = Dutch language, Dutch , languages_type = Regional languages , languages_sub = yes , languages = , languages2_type = Reco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hizb Ut-Tahrir
Hizb ut-Tahrir (Arabicحزب التحرير (Translation: Party of Liberation) is an international, political organization which describes its ideology as Islam, and its aim the re-establishment of the Islamic Khilafah (Caliphate) to resume Islamic ways of life in the Muslim world. The caliphate would unite the Muslim community (Ummah) under their Islamic creed and implement the Shariah, so as to then carry the proselytizing of Islam to the rest of the world. The party was founded in 1953 as a political organization in then Jordanian-controlled Jerusalem by Taqiuddin al-Nabahani, an Islamic scholar and appeals court judge qadi (religious court judge) in Mandatory Palestine. Al-Nabhani developed a program and "draft constitution" for the caliphate, Draft Constitution of the Khilafah State, 2011: Article 26 an-Nabhani, ''The Islamic State'', 1998: p.240–276 from Haifa. Since then, Hizb ut-Tahrir has spread to more than 50 countries, and grown to a membership estimated to be be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Nationalism
Economic nationalism, also called economic patriotism and economic populism, is an ideology that favors state interventionism over other market mechanisms, with policies such as domestic control of the economy, labor, and capital formation, including if this requires the imposition of tariffs and other restrictions on the movement of labor, goods and capital. The core belief of economic nationalism is that the economy should serve nationalist goals. Economic nationalists oppose globalization or at least question the benefits of unrestricted free trade. They favor protectionism and advocate for self-sufficiency. To economic nationalists, markets are to be subordinate to the state, and should serve the interests of the state (such as providing national security and accumulating military power). The doctrine of mercantilism is a prominent variant of economic nationalism. Economic nationalists tend to see international trade as zero-sum, where the goal is to derive relative gains ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ali Sadikin
Ali Sadikin (7 July 1926 – 20 May 2008), better known as Bang Ali, was an Indonesian politician who served as the fourth governor of Jakarta from 1966 until 1977. Prior to becoming governor, he served as Minister of Transportation from 1963 until 1966 and Coordinating Minister for Marine Affairs from 1964 until 1966. He also served as Chairman of the Football Association of Indonesia from 1977 until 1981. Born to parents of ethnic- Sundanese descent, Ali attended the Semarang Shipping Science Polytechnic during the Japanese occupation period. During the Indonesian National Revolution, he joined the People's Security Agency Navy, the predecessor to the Indonesian Navy, and fought against the Dutch during Operation Product and Operation Kraai. Following the end of the national revolution, Ali remained in the navy and fought against the Permesta rebel movement in the late 1950's. In 1963, he was appointed Minister of Transportation by President Sukarno. A year later, he was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ibnu Sutowo
Ibnu Sutowo (23 September 1914 – 12 January 2001) was an Indonesian army officer, Cabinet Minister and former head of the Indonesian oil and gas producer Pertamina. Early life Ibnu was born near the Yogyakarta Sultan's palace on 23 September 1914. His father had been a regency head near the city of Semarang in Central Java. His privileged background at the time of the colonial Dutch East Indies allowed him to attend a superior Dutch school and then medical school in Surabaya.McDonald (1980), p. 144. Education and early career Upon graduation, Ibnu was assigned to a colony of Javanese transmigrants in Belitung in South Sumatra. During the Japanese occupation in World War II, Ibnu, like many indigenous Indonesians filling in for imprisoned Europeans, assumed many local administrative powers. By the time of Japan's surrender, he was a leader in irregular forces backing the Indonesian Republic in its fight for independence. On 12 September 1943, he married Zaleha, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ali Murtopo
Ali Murtopo (23 September 1924 – 15 May 1984) was a prominent Indonesian general and political figure during the first half of General Suharto's New Order regime. Early life Ali Murtopo was born on 23 September 1924 in Kebumen, Central Java and received his education in Central Java and West Java. He met his wife, Wastoeti, in Yogyakarta and they were married in May 1956. Military career As a teenager, Ali joined Hizbullah but would eventually join the Indonesian military. During the Indonesian National Revolution, Ali became a staff member in a brigade led by Ahmad Yani. In 1952, Ali became a company Commander in Ahmad Yani's Banteng Raiders, an elite group of soldiers formed to chase away the remnants of the Darul Islam movement. In 1956, whilst still in command of his Banteng Raider unit, Ali was involved in the lobbying to decide who should become the Commander of the 4th Military Territory (TT IV) Diponegoro, which supervised the security of the Provinces of Cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Liberalism
Economic liberalism is a political and economic ideology that supports a market economy based on individualism and private property in the means of production. Adam Smith is considered one of the primary initial writers on economic liberalism, and his writing is generally regarded as representing the economic expression of 19th-century liberalism up until the Great Depression and rise of Keynesianism in the 20th century. Historically, economic liberalism arose in response to feudalism and mercantilism. Economic liberalism is associated with markets and private ownership of capital assets. Economic liberals tend to oppose government intervention and protectionism in the market economy when it inhibits free trade and competition, but tend to support government intervention where it protects property rights, opens new markets or funds market growth, and resolves market failures. An economy that is managed according to these precepts may be described as a liberal economy or o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the '' Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inter-Governmental Group On Indonesia
The Inter-Governmental Group on Indonesia (IGGI) was established in 1967 as an international consortium of official donors to coordinate the provision of foreign assistance to Indonesia. IGGI was the lead official grouping of donors to Indonesia from 1967 until early 1992 when it was abolished and replaced by the Consultative Group on Indonesia (CGI). For the 25 years up to 1992, IGGI was a key regional institution in Southeast Asia. It helped provide strong international support for Indonesia's economic recovery after the economic difficulties in Indonesia during the period of the Sukarno presidency in 1950s and 1960s. Establishment of IGGI The establishment of IGGI followed the convening of several international meetings in late 1966 and early 1967 between creditor countries and Indonesia. At the time, Indonesia had large international debts outstanding. It was recognised by the international community that a rescheduling of debt payments would be needed as part of an agreed pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supersemar
The Order of Eleventh March ( id, Surat Perintah Sebelas Maret), commonly referred to by its syllabic abbreviation ''Supersemar'', was a document signed by the Indonesian President Sukarno on 11 March 1966, giving army commander Lt. Gen. Suharto authority to take whatever measures he "deemed necessary" to restore order to the chaotic situation during the Indonesian mass killings of 1965–66. The abbreviation "Supersemar" is also a play on the name of Semar, the mystic and powerful figure who commonly appears in Javanese mythology including wayang puppet shows. The invocation of Semar was presumably intended to help draw on Javanese mythology to lend support to Suharto's legitimacy during the period of the transition of authority from Sukarno to Suharto. In effect, the Supersemar came to be seen as the key instrument of the transfer of executive power from Sukarno to Suharto. The Provisional People's Consultative Assembly in its 1966 General Session subsequently elevated t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berkeley, California
Berkeley ( ) is a city on the eastern shore of San Francisco Bay in northern Alameda County, California, United States. It is named after the 18th-century Irish bishop and philosopher George Berkeley. It borders the cities of Oakland and Emeryville to the south and the city of Albany and the unincorporated community of Kensington to the north. Its eastern border with Contra Costa County generally follows the ridge of the Berkeley Hills. The 2020 census recorded a population of 124,321. Berkeley is home to the oldest campus in the University of California System, the University of California, Berkeley, and the Lawrence Berkeley National Laboratory, which is managed and operated by the university. It also has the Graduate Theological Union, one of the largest religious studies institutions in the world. Berkeley is considered one of the most socially progressive cities in the United States. History Indigenous history The site of today's City of Berkeley was the territory ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
