The IMF-recommended belt tightening measures which lead to open an rebellion and deaths occurred to Indonesia during the 1997 east asian economic crisis.
This financial crisis was the period of crisis that affected the much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion.
The 1997 Asian economic crisis occured when Thailand decided to devalue its currency relative to the USD and this resulted in currency devaluations across Southeast Asia -Indonesia, Malaysia, Philippines.
However, IMF-recommended belt tightening measures which lead to open an rebellion and deaths occurred to Indonesia during the 1997 east asian economic crisis.
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