Sat, 02 May 1998

Implication of monetary crisis

From Merdeka

The drawn out monetary crisis has grown into a national multicrisis. Almost everyday I read the opinions and analyses of so-called experts in economic, legal and political fields.

Actually, the statements made by the experts, some widely known, others relatively unknown, benefit the public in general because the knowledge displayed is interesting and constitutes a kind of free course in various disciplines.

Why do I say "interesting"? Because the public gets to hear a great number of experts. The most interesting report so far has been in the economic field (Merdeka, April 15). A front page headline stated Hartojo wants debate with Kwik Kian Gie.

This is most interesting for the following reasons: First, because both gentlemen are graduates of foreign universities, where Pancasila democracy and economy is not taught. Second, because Hartojo was reported by the media in November 1996 as having stated a "new figure in budget leaks" (US$40 billion in 30 years). To my knowledge, his statement has never been denied, confirmed or investigated by the relevant agencies. Third, because Kwik Kian Gie has written many of his thoughts and analyses in the media.

Therefore, if the debate desired by Hartojo takes place and is reported by the media, it will be shown which of the two can be qualified as "the champion of Pancasila economic development".

Economic development during the past three decades has clearly established Indonesia as a "capitalistic", even an "antiquated capitalistic" country. It has been proclaimed as "very successful" by the country's highest institutions, intellectuals in general and experts in economic, legal and political fields in particular. They are now under fire of demands voiced by all layers in society.

Let us hope our nation will enjoy a time as meant by the pope in his Easter message recently: "To be in power means to serve." It will certainly give peace to society and accelerate the restoration process of confidence (not anxiety) of the people toward the government, which has been intonating it of late.

ALPHONSUS P. LOLONG

Jakarta