This book investigates the causes and consequences of the Indonesian economic crisis of the late 1990s. Hal Hill, a noted economist specializing in Southeast Asia, draws upon extensive data and analysis to dissect the complex factors that led to the crisis. The book presents a framework for understanding the vulnerabilities within the Indonesian economy and the policy responses that were implemented.

This work is recognized as a significant academic contribution to understanding the Asian financial crisis, with a particular focus on Indonesia. Scholars and policymakers have cited Hill's analysis for its depth and empirical rigor. The book is considered essential reading for those seeking a comprehensive understanding of the economic challenges faced by developing nations during periods of financial instability.