Investment: Indonesia Waits

Last week in Geneva, Indonesian Foreign Minister Adam Malik and Economics Minister Sultan Hamengku Buwono faced an extraordinary audience of businessmen.* In a three-day meeting sponsored by Time Inc., top executives of European, Japanese, Australian, Cana dian and U.S. companies gathered to hear just how vital foreign investments can be to the future of Indonesia.

"In your own way, you could help bring about the desired economic and political stability of our country," said Foreign Minister Malik.

That "stability," to be sure, is still around the corner. Inflation has been slowed down but still saps the economy. For the first...

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