ECONOMY
SYSTEM IN SOEKARNO ERA
The old order took
place during the leadership of Mr Proclamator namely Mr Soekarno. The old order
lasted from 1945 to 1966. During the old order Indonesia was still very young
and had not yet maximized its economic potential. In the early days of
independence, namely during the war for independence, Indonesia used a lot of
scorched earth military tactics which eventually had a bad impact on the
economy and the economic blockade from the Netherlands caused Indonesia to not
be able to export or import from abroad, even at that time. blank. That is the
condition where Indonesia does not have income so that the state treasury
becomes empty. After Indonesia's independence was recognized by the Dutch,
Indonesia inherited all Dutch debts plus Indonesia's busyness in nationalizing
Dutch companies and also quelling the rebellions which made Indonesia unable to
focus on developing the economy even though Indonesia changed its parliamentary
system to become a leader and still could not develop the economy into better,
this might be because Indonesia is shutting down from the west, even though at
that time the western economy was growing rapidly. The era of the old order
collapsed marked by the emergence of supersemar (Order eleven March) which
contained the transfer of power from Mr Soekarno to Mr Seharto.
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