Date
Timeline Description

The Economy of Indonesia report is based on a two-month long mission made by World Bank officials in June and July of 1955. 

Detail Description

The Economy of Indonesia, the World Bank's first economic report on Indonesia, is based on a mission to Indonesia made by Bank officials in June and July of 1955. The mission, led by Russell H. Dorr of the Bank's Department of Operations, Asia and Middle East, sought to familiarize itself with the economic and financial situation in the country. The resulting report describes a country that has made significant accomplishments in the six years since gaining independence but is also struggling to achieve economic growth.

Image Timeline
Detail of correspondence from President Black to Indonesian Finance Minister Dr. Yusuf Wibisono (1786876).
Image Timeline Caption

Detail of correspondence from President Black to Indonesian Finance Minister Dr. Yusuf Wibisono (1786876).

Resource
Title
The Economy of Indonesia
Image
The Economy of Indonesia
Description
Document date: April 1956
The report looks at the state of the Indonesian economy, focusing on public finance, trade, and balance of payments.
Title
Correspondence from Indonesian Finance Minister Dr. Jusuf Wibisono to President Black
Image
Correspondence from Indonesian Finance Minister Dr. Jusuf Wibisono to President Black
Description
Sept. 11, 1956
Minister Wibisono responds to the Bank mission's findings and discusses a variety of topics related to the economic development of Indonesia (1786876).
Title
Correspondence from Indonesian Finance Minister Dr. Ong Eng Die to President Black
Image
Correspondence from Indonesian Finance Minister Dr. Ong Eng Die to President Black
Description
Jan. 1, 1955
Minister Ong Eng Die inquires about a possible World Bank mission to Indonesia (1786876).
Title
Correspondence from President Black to Indonesian Finance Minister Dr. Yusuf Wibisono
Image
Correspondence from President Black to Indonesian Finance Minister Dr. Yusuf Wibisono
Description
May 2, 1956
In the letter, which accompanied the transmittal of the World Bank's report, President Black emphasizes specific aspects of the report that he found important (1786876).
Title
Correspondence from President Black to Indonesian Finance Minister Dr. Ong Eng Die
Image
Correspondence from President Black to Indonesian Finance Minister Dr. Ong Eng Die
Description
Feb. 14, 1955
President Black formally commits to sending a World Bank general economic survey mission to Indonesia (1786876).
Title
Public External Debt of Indonesia (1956)
Image
Public External Debt of Indonesia (1956)
Description
Document date: Dec. 28, 1956
The report focuses on Indonesia's outstanding debts, defaults, and service requirements.
Title
Postwar Economic Growth in Southeast Asia
Image
Postwar Economic Growth in Southeast Asia
Description
Document date: Oct. 10, 1955
The look at the regional economic situation of post-war Southeast Asia highlights growth in outputs, capital formation, and external aspects.
Learn More
On
Timeline
Search text