Wednesday, September 10, 2014

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Evil conspiracy behind the Foreign Debt
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Transaction foreign debt can not be regarded as a normal debit and credit transactions. This is evidenced by the presence of foreign debt that has been going on since the beginning of independence, then continue in the Soeharto era and the current administration is still ongoing. Indonesian independence gained recognition in the Round Table Conference (RTC), after the Indonesian government would bear the burden of foreign debt that made the Dutch East Indies. Practically since 1950, the Indonesian government has not necessarily debt consists of foreign debt Dutch heritage worth $ 4 billion and foreign debt only Rp. 3.8 billion. When Sukarno government undertake manufacture of new foreign debt, the government can not escape from the pressure of creditors.
In the period 1950-1956 the manufacture of debt is always followed by the intervention of creditors (foreign). The first event of foreign intervention in the administration drying mat of this debt occurred in 1950, when the United States government is willing to provide a loan of $ 100 million. Through the provision of the debt, the United States government (USA) presses drying mat Indonesian government to acknowledge the existence of Bao Dai in Vietnam. Because these demands are not met immediately, lending it eventually delayed disbursement (Weinstein, 1976: 210). The second event occurred in 1952 after declaring its commitment to lend, the United States government then filed a complaint to the United Nations (UN) for the embargo on delivery of strategic raw materials to China. As the rubber producing countries and members of the United Nations, the demands indirectly 'forced' to be met Indonesia.
The most dramatic event occurred in 1964 Following the UK's involvement in the confrontation with Malaysia, the Indonesian government immediately address it with the nationalization of the British company. This is the second nationalization by Indonesia after the nationalization of the Dutch in 1956, Knowing this, the United States government immediately drying mat intervene. After some time before pressing Indonesia to link the disbursement of the loan with the IMF stabilization program, the United States and associate the next loan disbursement with demands to end the con

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