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Corruption
Publicly Guaranteed Corruption
Corrupt Power Projects and the Responsibility of Export Credit Agencies
in Indonesia
Note on Currencies, Abbreviations, and References
Note on currencies
On October 24th, 2000, the following exchange rates applied:
1 Swiss Franc = 0.5559 US Dollar
1 US Dollar = 1.7990 Swiss Franc
1,000 Indonesian Rupiah = 0.1115 US Dollar
1 US Dollar = 8,965 Indonesian Rupiah
Abbreviations
ABB Asea Brown Boveri
ADB Asian Development Bank
BD Berne Declaration
CEO Chief Executive Officer
CGI Consultative Group on Indonesia
ECG Export Credit Group (of OECD)
EDA (Swiss) Ministry of Foreign Affairs
ERG Export Risk Guarantee
IMF International Monetary Fund
IPP Independent Power Producer
JEXIM Japan Export Import Bank
KKN korupsi, kolusi, nepotisme (corruption, collusion, nepotism)
kWh kilowatt hour
NGO Non-governmental organisation
OECD Organisation for Economic Cooperation and Development
OPIC Overseas Private Investment Corporation
PLN Perusahaan Listrik Negara (Indonesia’s State Electricity
Board)
SDC Swiss Agency for Development and Cooperation
References
*The Corner House, Exporting Corruption. Privatisation, Multinationals
and Bribery, June 2000
*Erklärung von Bern, Schweiz-Indonesien: Die Helfershelfer des Suharto-Regimes,
22. Juli 1998
*Erklärung von Bern, 7 Milliarden Dollar für die Korruption?
Die Korruption in Indonesien, die Weltbank und die Schweiz, 22. September
1998
*Jakarta Declaration for Reform of Official Export Credit and Investment
Insurance Agencies, May 2000
*Stephanie Fried, Environmental Defense Fund, and Titi Soentoro, Bioforum,
Export Credit Agency Finance in Indonesia, Draft, March 1999
*Transparency International Working Paper: Export Credit Insurance and
the Fight Against International Corruption, Brussels, 26 February
1999
*www.eca-watch.org (Website of
the international NGO campaign to reform export credit agencies)
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