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1．SHORT-RUN PROBLEMS AND POLICIES：STABILIZATION 1

Import and Foreign Exchange Policy，1952-53 3

Monetary Policy，1952-53 4

Export Policy，1952-53 5

The Budget，1952-53 6

Other Policies，1952-53 7

Results of Stabilization Policies during 1952-53 8

Stabilization Policies，1953-54 13

Results of Policies in 1953-54 15

Stabilization Policies，1955-56 19

Assessment of Stabilization Policies 23

Budget Policy 25

Foreign Exchange Policy 27

Monetary Policy 36

2．LONG-RUN PROBLEMS AND POLICIES：DEVELOPMENT 40

Development Planning in Indonesia 40

The Five-Year Plan 47

The Resource Base，Structural Change and Balanced Growth 53

Foodstuffs 55

Community Development 59

Transmigration 60

Co-operatives 64

The Plantation Industries 65

Smallholders Agriculture 67

Small Industries 68

Research and Training 72

Large-Scale Industries 74

Importance of Industrialization 81

Other Aspects of Economic Development 84

Financing Economic Development 87

3．POLITICAL ASPECTS OF ECONOMIC DEVELOPMENT 95

Economic and Social Programs 100

Party Statements on Development Policy 101

Cross-Party Splits 102

4．POLITICAL STABILITY，SECURITY，AND ECONOMIC DEVELOPMENT 107

The Security Problem 109

Social Goals and Problems 115

5．CONCLUSIONS：OUTLOOK FOR STABILIZATION AND DEVELOPMENT 121

APPENDICES Ⅰ．Draft Bill on Foreign Investment 127

APPENDICES Ⅱ．Indonesian Foreign Trade Regulations 133

APPENDICES Ⅲ．Select Bibliography 142

APPENDICES Ⅳ．Statistical Tables 149

ⅰ．Weighted Index Numbers of Production of Some Main Export Products 149

ⅱ．Balance of Payments，1951-1952 150

ⅲ．Export Duties，1952-1954 151

ⅳ．Government Resources 152

ⅳ-a．Government Expenditures，1951-1955 153

ⅳ-b．Government Debt Position 154

ⅴ．Exports，Main Items，1951-1955 155

ⅵ．Imports，Main Items，1951-1955 156

ⅶ．Balance of Payments，1953-1954 157

ⅶ-a．Balance of Payments，1954-1956 158

ⅷ．Money Supply，1951-1954 159

ⅷ-a．Changes in the Money Supply 160

ⅸ．Licensed Capacity of Controlled Industries 161

ⅹ．Free Market Prices of Gold and Foreign Exchange 162

ⅹⅰ．Value of Import Licenses Issued 163

ⅹⅱ．Total Imports by Economic Groups 164

ⅹⅱ-a．Most Important Food Crops in Java and Madura 165

ⅹⅱ-b．Import of Rice 165

ⅹⅲ．Index of Prices of 44 Imported Goods at Djakarta 166

ⅹⅳ．Selected Price Index Numbers，1950-1956 167

ⅹⅴ．Production of Fisheries 168

ⅹⅴ-a．Motorized and Sailing Vessels Controlled by the Sea Fishery Service 168

ⅹⅴ-b．Livestock 169

ⅹⅵ．Forestry-Production Figures 169

ⅹⅶ．Transmigration，1950-1956 170

ⅹⅷ．Co-operatives 171

ⅹⅸ．Textile Production 171

ⅹⅸ-a．Production of Electricity 172

ⅹⅸ-b．Index Numbers of Imports of Industrial Raw Materials 172

ⅹⅸ-c．Production，Imports and Exports of Petroleum and Petroleum Products 173

ⅹⅸ-d．Domestic Consumption of Petrol and Kerosene 174

ⅹⅸ-e．Production and Exports of Bauxite and Coal 174

ⅹⅹ．Transport 175

ⅹⅹⅰ．National Income per Capita，1938，1951，1952 177

ⅹⅹⅰ-a．National Income and Product Account，1951-1952 177

ⅹⅹⅱ．The Investment Budget，1956-1961 178

ⅹⅹⅲ．Financing of the Government Sector 179