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Surrounded by financial chaos, developing nations start throwing up barricades

Posted on December 15, 2011 by Michael Andersen
Topics: Economic Development
Countries: Indonesia
Indonesia's reactions to the global economic crisis will affect the next generation's prosperity. Photo: Cassandra Nelson/Mercy Corps
Indonesia's reactions to the global economic crisis will affect the next generation's prosperity. Photo: Cassandra Nelson/Mercy Corps

Economic perils from abroad are encroaching on Indonesia's soil, reports Adnkronos International. The country is considering tightening liquidity and regulating international investments, Voice of America adds.

Around the world, developing nations are vulnerable to the Euro-American financial crisis. If Indonesia, with 100 million residents in poverty, can avert collapse, its actions could be a positive example for other developing nations.

With reporting and writing by Holly McFarland.

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Keywords: global financial crisis, liquidity

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