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The System Liberal Economic is the cause of the Crisis

Phenomena of global financial crisis that occurred in the United States (U.S.) has given to the impact of developing countries, including in Indonesia.Tremendous shocks in the capital markets in the West shows the fragility of the capital market-like nest of spider-and it has appeared to defect capitalist economic system. No strong capital and financial markets in Indonesia, because oriented in the capital market in the U.S., that is a source of problems the financial crisis that occurred today.

Government policies to anticipate the transmission of the global crisis on the domestic economy by way of transmission through the mechanism of trade with all policies are not appropriate.


Actually one of the problems that caused the financial crisis is global competition, which caused the flexible terms of trade between countries or trade liberalization. Because the experience of 1997-1998 shows the monetary crisis, Indonesia's export rate shows the level of positive growth.

To handle the financial crisis in Indonesia, the government maintain monetary stability by maintaining indepedensi in policy as far as possible and prevent foreign intervention like the IMF. The Government of Indonesia should dare to exit from the crisis with the left-liberal economic system that became the source of this economic crisis.
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