Introduction

Summary

Allow me to convey my deepest appreciation to Professor Dr Emil Salim who, on this occasion, wrote the Foreword of this book that will be of utmost benefit to the reader, particularly, the younger generation who will carry on the development of Indonesia.

This book consists of thirty articles and speeches collected during the past decades and divided into six parts:

1. I. The Indonesian Development Plan

2. II. The Implementation of Indonesian Development

3. III. Facing Various Economic Crises

4. IV. Foreign Debts Management

5. V. Equity and Development

6. VI. Indonesia and the World

Each part of the book comprises several chapters, each of which contains original articles and accounts.

Each chapter is opened by an introductory note, prior to the article or original account, which has been freshly written to cast some light on the background of the article or the original account.

I. PLANNING OF INDONESIA'S DEVELOPMENT

1. Economic Analysis and Development Planning (1963) is the title of my inaugural lecture as professor of economics at the Department of Economics, University of Indonesia, in 1963. The opinions expressed in the lecture contradicted those held in government circles and part of the community who believed that economics was useless and that it was mere “textbook thinking” and should be thrown out.

2. Imprudent Economic and Financial Policies (1966) is based on a lecture given at a huge gathering at the University of Indonesia campus in 1966. The event was a Seminar on Economics and Finance organized by the Indonesian Students Action Front of the Department of Economics of University of Indonesia (KAMI FEUI), in January 1966.

3. Restructuring Indonesian Economic Fundamentals with Economic Principles (1966) is the title of a lecture given at another huge gathering at the University of Indonesia campus. This event was a Symposium on the Awakening Spirit of ’66: Exploring a New Path, organized by the Indonesian Scholars Action Front (KASI) and the University of Indonesia in May 1966.

Both of the big gatherings were a show of support for the huge student demonstrations against the G30S/PKI rebellion and less than firm response from the government.

4. Contribution of Ideas of the Department of Economics, University of Indonesia, to the Session of the Provisional People's Consultative Assembly (MPRS) in 1966 is a contribution of thoughts in support of the 1966 MPRS Session. (Note: There was no MPR at the time, only Provisional MPR or MPRS).