In Indonesia, the 1998 Asian economic crisis led to soaring inflation, plummeting currency, political violence, and the downfall of President Suharto (b. 1921). Unemployment rose to 20 million (11 percent). The consequences were catastrophic. On 12...

Jakarta Riots of May 1998 were riots that occurred in several parts of Indonesia, notably Jakarta and Surakarta during May 1998. The riots were triggered by economic problems like food shortages and mass unemployment in Indonesia. The Indonesian...