Peter McCawley

Indonesia and the Asian Development Bank Peter McCawley

This book is a history of the partnership between Indonesia and ADB in the last five decades. Since Indonesia became a founding member of ADB in 1966, both have evolved in remarkable ways.

Indonesia developed rapidly through the late 1990s yet faced a difficult time of adjustment after the Asian financial crisis of 1997-1998. The country has since resumed growth in the last decade. For its part, ADB has widened its activities in Indonesia, transforming from a project-oriented bank into a broad-based development institution. This effective partnership reflects Indonesia's success in working with the international community in the past 50 years.