East Timor: Macroeconomic Management on the Road to Independence

East Timor's economy was seriously disrupted by widespread violence following the 1999 referendum in which its people voted for independence from Indonesia. With strong support from the international community, East Timor is reconstructing its economy and making the transition to managing it in...

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Bibliographic Details
Published in:Finance & Development 2001-03, Vol.38 (1), p.18
Main Authors: Valdivieso, Luis M, Lopez-Mejia, Alejandro
Format: Article
Language:English
Subjects:
Capital expenditures
Civil service
Cost control
Economic activity
Economic aid
Economic aspects
Economic development
Economic indicators
GDP
Gross Domestic Product
Humanitarianism
Independence movements
Indonesia
International finance
International trade
Macroeconomics
Money markets
Payment systems
Referendums
Securities markets
Subsidies
Timor-Leste
Violence
Wages & salaries
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Summary:East Timor's economy was seriously disrupted by widespread violence following the 1999 referendum in which its people voted for independence from Indonesia. With strong support from the international community, East Timor is reconstructing its economy and making the transition to managing it independently. This article discusses what has been done so far to achieve these goals, and what additional changes lie ahead.
ISSN:0145-1707
0015-1947
1564-5142