{
    "success": true,
    "data": {
        "id": 1390358,
        "msgid": "high-minded-rhetoric-on-imf-unhelpful-1447893297",
        "date": "1998-03-13 00:00:00",
        "title": "High-minded rhetoric on IMF unhelpful",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "High-minded rhetoric on IMF unhelpful Political scientist J. Soedjati Djiwandono wrestles with the emerging issues of nationalism and liberalism amid reports of a delay in loan installments from the International Monetary Fund (IMF). JAKARTA (JP): The majority of reactions to a reported delay in IMF loan installments to Indonesia have been impulsive, excessive and may very well have been counterproductive. Indonesia is not in a position to act in such a manner toward the IMF.",
        "content": "<p>High-minded rhetoric on IMF unhelpful<\/p>\n<p>Political scientist J. Soedjati Djiwandono wrestles<br>\nwith the emerging issues of nationalism and liberalism amid<br>\nreports of a delay in loan installments from the International<br>\nMonetary Fund (IMF).<\/p>\n<p>JAKARTA (JP): The majority of reactions to a reported delay in<br>\nIMF loan installments to Indonesia have been impulsive, excessive<br>\nand may very well have been counterproductive.<\/p>\n<p>Indonesia is not in a position to act in such a manner toward<br>\nthe IMF. The IMF has the backing of the major world economic<br>\npowers and has much less to lose, if it can lose at all, than<br>\nIndonesia, which is in a desperate situation.<\/p>\n<p>Opportunities to claim \"independence\" and \"self-sufficiency\"<br>\nare becoming increasingly scarce in the interdependent modern<br>\nworld.<\/p>\n<p>To say that the IMF package violates the 1945 Constitution<br>\nreflects a lack of prudence on the part of the Indonesian<br>\ngovernment when they agreed to the deal.<\/p>\n<p>Even worse, it was the President himself who signed the<br>\nagreement. Soeharto is renowned for his zealous interpretation of<br>\nthe letter, if not the spirit, of the Constitution.<\/p>\n<p>Furthermore, to argue that the IMF package would result in a<br>\nliberal economic system is hypocritical because in fact we have<br>\nbeen trying to develop just such a system ourselves, although not<br>\nwith great consistency.<\/p>\n<p>Liberalization and a liberal system are part and parcel of the<br>\nchanges brought by globalization, an unavoidable reality for all<br>\ncountries of the world. In this light, must we reject all forms<br>\nof outside interference?<\/p>\n<p>Political terms are elastic. Roles played by external powers<br>\ntend to be referred to as help, aid, assistance or cooperation,<br>\nif gladly received. However, when outside attention becomes<br>\nunwelcome terms such as external interference and intervention in<br>\nour domestic affairs are bandied around.<\/p>\n<p>The IMF represents a body of nation states. In the world of<br>\ninternational relations the behavior of nation-states is governed<br>\nby how to best represent selfish national interests at any given<br>\ntime. Altruism is never a factor in foreign policy.<\/p>\n<p>Therefore, the notion of aid without strings is a myth. The<br>\nterm is diplomatic jargon and should be understood as such.<br>\nHowever, a small degree of hypocrisy can help human<br>\nrelationships, and at the final analysis, relations between<br>\nstates are relations between individual human beings acting on<br>\nbehalf of national interests.<\/p>\n<p>On a guarded note, one should be cautious in drawing upon<br>\nreferences to the pride and dignity of the nation. The pride and<br>\ndignity of the nation stems from the pride and dignity of the<br>\nindividuals who are its constituent parts.<\/p>\n<p>Under monetary, financial, and economic pressures, more and<br>\nmore people are losing their jobs. To ordinary people, a job<br>\ncements a lifestyle and is a recognition of human dignity. Thus<br>\nto lose a job, except of one's own free will, is to lose dignity<br>\nand self-respect.<\/p>\n<p>It is easy for the affluent and powerful to be glib about<br>\nnationalism, national pride and national dignity. But for the<br>\ncommon people, the poor and downtrodden, the jobless and the<br>\nneedy, the daily struggle to get enough to eat is a more<br>\npertinent question.<\/p>\n<p>Their stomachs cannot wait, and they cannot stomach high<br>\nrhetoric. But they understand human dignity and self-respect.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/high-minded-rhetoric-on-imf-unhelpful-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}