Money not reaching Indonesia`s virus victims
(WorldNews Indonesia)

JAKARTA – Indonesian Finance Minister Sri Mulyani Indrawati, perhaps President Joko Widodo`s most valued Cabinet member, has good reason to treat one expression like the plague she is confronting: it is called “moral hazard.” Indrawati, who celebrates her 58th birthday this month, knows all about moral hazard, which according to its economic definition occurs when a party has an incentive to increase its exposure to risk because it wants to avoid bearing the full cost of that risk. In fact, it cost the former academic her job as finance minister in the previous Susilo Bambang Yudhoyono administration, the scapegoat in the 2008 Bank Century bailout scandal which is now acting as a...