The difference between Indonesia and other countries in the region was that Washington had decided to add regime change to the IMF’s agenda. As former US secretary of state Lawrence Eagleburger put it: “We were fairly clever in that we supported the IMF as it overthrew [Suharto]. Whether that was a wise way to proceed is another question. I’m not saying Mr Suharto should have stayed, but I kind of wish he had left on terms other than because the IMF pushed him out.”
Even Michel Camdessus could not find fault with this assessment. On the occasion of his retirement, he proudly proclaimed: “We created the conditions that obliged President Suharto to leave his job.”