Former President Suharto of Indonesian once famously dismissed the concern
over his country’s corruption by saying:
Well you come out here from Washington with these high ideas to tell us about corruption.
But what you call corruption, I call family values.
What do you think he meant by this? Why would taking family values this far be a
detrimental social norm? (One way that Indonesian’s family values were
manifested is depicted in event (q) from Question 4 above. This practice weakened the banking sector so severely that it collapsed into a financial crisis as soon
as growth in Indonesian began to slow and borrowers of actual loans started to
default on their debt repayments for purely economic reasons.)
