Chowdhury, Anis; Islam, Iyanatul - In: American Journal of Economics and Sociology 70 (2011) 1, pp. 269-299
Indonesia continues to bear the scars of the 1997 financial crisis, with the highest open unemployment rate in Southeast Asia. The orthodox interpretation is that the post-crisis era is typified by overly generous labor legislation granting higher minimum wages and other provisions; the rise in...