From Miracle to Crash
Benedict Anderson: The Asian economic crisis (April 1998), 16 April 1998
“... have been regarded as an idle dreamer. Indonesia, devastated by ten years of military occupation, war and revolution, had a literacy rate of not more than 10 per cent. Even a decade later, the income accruing to the Indonesian state was not much bigger than that of a large American university. The Philippine economy, weak even in colonial times, had been ... ”