{
    "success": true,
    "data": {
        "id": 1375057,
        "msgid": "economic-rescue-1447899208",
        "date": "1998-09-11 00:00:00",
        "title": "Economic rescue",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Economic rescue From Kompas Regarding the Declaration on the Rescue of Indonesia's Economy, reported in Kompas of Aug.",
        "content": "<p>Economic rescue<\/p>\n<p>From Kompas<\/p>\n<p>Regarding the Declaration on the Rescue of Indonesia's<br>\nEconomy, reported in Kompas of Aug. 6, as a fellow economist of<br>\nthose making the declaration, I am of the opinion that the<br>\ndeclaration is quite proper in that the substance of the<br>\ndeclaration has been expressed in public by the economists making<br>\nthe declaration and some other economists who miss being invited<br>\nto join the drafting and launching of the declaration, such as<br>\nDibyo Prabowo, Kwik Kian Gie, Tulus Tambunan and myself. This<br>\ndeclaration voices a clear conscience. The majority of economists<br>\nmust agree to the substance of the declaration. I am convinced<br>\nthat this declaration will prompt the government and the House of<br>\nRepresentatives (DPR) to focus their attention to the present and<br>\nthe future.<\/p>\n<p>Calls telling people of a sense of crisis have often been<br>\nheard, but unfortunately they are still responded to with an<br>\nattitude characterized by relaxation, belittlement and a lack of<br>\nseriousness. A sense of crisis means an awareness of an imminent<br>\ndanger of total failure and a realization that one must, firmly<br>\nand without delay, take action to prevent our nation from going<br>\nbankrupt. (\"Crisis\" is rendered in Japanese as Ki-Ki, the first<br>\nKi meaning danger and the second an opportunity to take action in<br>\norder to resist and dispel the danger.)<\/p>\n<p>As a fellow economist, I take pride in the launching of the<br>\ndeclaration, but at the same time I cannot help feeling worried<br>\nand sad. Why should I feel worried and sad while we still have<br>\nour moral force. First, one of our ministers that I greatly<br>\nrespect was defensive about the declaration, instead of<br>\nappreciating it, and has even marginalized the value of the<br>\ndeclaration. Second, why hasn't the initiative to launch this<br>\nkind of declaration been taken by economists serving as<br>\nlegislators at the DPR (there are quite a few of them)? Are our<br>\neconomists serving as legislators too busy for this matter? One<br>\nmay always take a populist stance but must always bear in mind<br>\nthat the macroeconomics principles must never be abandoned.<\/p>\n<p>We are all hard pressed for time. Our awareness of the urgency<br>\nof things is not just lip service. The government, the DPR and<br>\nobservers (scholars and observers constitute a moral force) must<br>\nhave the courage to abandon decadence and be quick enough to<br>\nrelearn the attitude, behavior and credibility (ABC), something<br>\nwhich will not be just window dressing and marginal.<\/p>\n<p>BOB WIDYAHARTONO<\/p>\n<p>Jakarta<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/economic-rescue-1447899208",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}