"This book offers a balanced analysis, evaluation and explanation of Indonesia's economic performance over the three decades of strong growth from 1967 to 1996. Hal Hill highlights Indonesia's successes during this period - rapid industrialisation, major achievements in the food crop sector and the adoption, from the mid-1980s, of outward-looking policies. He also draws attention to the challenges facing the country, including the rocky path towards economic reform, the large external debt, regional and ethnic disparities, and the need for a transparent and predictable policy environment. In this second edition, an extended postscript takes the story through the dramatic turnround and political and economic crises since 1997, including the downfall of Soeharto."--BOOK JACKET.