The economy Sukarno established in the late 1950s was similar to the economies of which other Southeast Asia countries?
1 answer
The economy established by Sukarno in the late 1950s in Indonesia was similar to the economies of other Southeast Asian countries such as Malaysia, the Philippines, and Thailand. These countries were also focused on industrialization and economic development, with an emphasis on import-substitution industrialization and state-led economic planning. Additionally, they were all former colonies of European powers and were working towards achieving economic independence and development.