Dan Seitz

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Jakarta opted for a stimulus based largely on tax cuts rather than on government spending.15 This meant that out of Indonesia’s working population of 97 million and its teeming mass of 48 million small businesses, only the 10 million workers and 200,000 firms that were registered for tax would benefit. But within that sector the impact was considerable.
Crashed: How a Decade of Financial Crises Changed the World
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