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Radius Prawiro

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Adapted from the English Wikipedia article Radius Prawiro, available under CC BY-SA 4.0Updated 11 August 2025
Radius Prawiro
BornTemplate:Birth date
Yogyakarta, Indonesia
DiedMay 26, 2005(2005-05-26) (aged 76)
Occupation(s)Economist, politician
Known forGovernor of Bank Indonesia, Minister of Trade, Minister of Finance, Coordinating Minister for Economics, Finance, Industry, and Development Supervisory Board

Radius Prawiro (29 June 1928 – 26 May 2005) was a prominent Indonesian economist and political figure.

Education

Radius, the son of educator Suradi Prawiro, completed his schooling in Yogyakarta. During his middle school years in 1942, he earned money by selling cigarettes. He advanced his studies at the Nederlands Economische Hogeschool located in Rotterdam, Netherlands, and subsequently obtained a doctoral degree from the Faculty of Economics at the University of Indonesia in Jakarta.

Career

Radius Prawiro's professional journey in economics and politics commenced in 1945 when he served as Secretary of the People's Security Committee (Badan Keamanan Rakyat) in Yogyakarta. Between 1947 and 1948, he acted as Liaison Officer (Perwira Markas Tertinggi Perhubungan TRI) in Yogyakarta, while from 1945 to 1951 he was part of the Staff for the Military Governor of Yogyakarta. From 1960 to 1965, he fulfilled the role of Technical Officer at the National Accounting Office (Pegawai Teknis Direktorat Akuntan Negara). His subsequent appointments included Deputy Minister positions at the National Audit Office of Indonesia and the central bank both in 1965, followed by Governor of the National Bank of Indonesia in 1966. He then served as Governor of Bank Indonesia from 1966 until 1973. Concurrently, between 1967 and 1971, he represented Indonesia as Governor at the International Monetary Fund and held the Vice-Governor post at the Asian Development Bank.

He became a member of the President's Economic Experts Team and chaired the Governing Committee of the World Bank during 1971–1973. Radius was appointed Minister of Trade during both the Second Development Cabinet and Third Development Cabinet spanning from 1973 to 1983. He then assumed office as Finance Minister in the Fourth Development Cabinet from 1983 to 1988. Later, starting in 1993, he held the position of Coordinating Minister overseeing Economics, Finance, Industry, and the Development Supervisory Board.

In 1998, Radius authored Indonesia's Struggle for Economic Development, a publication outlining his perspectives on economic policy.

National

Foreign Honours

  • Belgium:
    • Grand Cross of the Order of Leopold II
  • Japan:
    • Order of the Sacred Treasure, 1st Class (1994)
  • Netherlands:
  • Spain:
    • Grand Cross of the Order of Civil Merit (1984)

References


External links