This book investigates the complex relationship between industrial policy and economic performance in Indonesia during a critical period of its development. Hal Hill, a noted economist specializing in Southeast Asia, draws upon extensive data and historical analysis to examine the effectiveness and consequences of various industrial strategies employed by the Indonesian government. The work aims to provide a nuanced understanding of how policy choices shaped the nation's industrial landscape and overall economic trajectory.

This book is recognized as a foundational text for understanding Indonesia's economic development, particularly its industrial sector. Scholars and policymakers frequently cite Hill's work for its rigorous empirical analysis and balanced perspective on the successes and failures of Indonesian industrial policy. The book is considered essential reading for anyone seeking a deep, evidence-based understanding of the economic forces that shaped modern Indonesia.