There is still plenty of potential to 21 22  Feldstein (1998). Will financial markets accept something short of root-and-branch reform of Indonesian governance? Who can tell? But we know that they worked happily enough with these problems for thirty years.
BIS Review 22/1998  - 11 -  link technology with relatively cheap labour, with all the productivity boost that this implies (to put this point differently, they are still well back from the technological frontier in many areas). That said, it is not going to be easy.