Indonesia and the Asian Development Bank

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.