Andrew Rosser

TL;DR: The conventional wisdom was that natural resource abundance was a blessing for developing countries as discussed by the authors, and this was the case until the late 1980s, when the United States began to suffer from resource depletion.

TL;DR: This paper argued that Indonesia's rapid growth was not simply a matter of policy elites making rational economic policy choices, but rather reflected two more fundamental factors: (i) the political victory of counter-revolutionary social forces over radical nationalist and communist social forces in Indonesia during the 1960s; and (ii) the country's strategic Cold War location and proximity to Japan.

TL;DR: The authors examines the origins and outcomes of the currency crisis in Indonesia and argues that the crisis is best understood as the product of important shifts in political and social power which took place in the 1980s and which gave rise to the problems of debt and overextended banking systems.