Monitoring, Evaluation and Learning
In early December SMERU will be hosting two important events. On December 6, the Persepsi Daerah team will be reporting on the major findings arising from its numerous provincial surveys on the impact of the regional deregulation process.
Throughout the past eighteen months there has been understandable interest - and considerable debate - about the impact of the crisis on poverty in Indonesia. Many claims and counter claims have been made in the press and elsewhere which have been the cause of some confusion.
Welcome to another edition of the SMERU Newsletter. In earlier editions we have focussed our attention on the impact of the crisis on the poorer sections of the community. Yet the financial crisis began with the collapse of the banking and corporate sector in urban centers and so it is also appropriate to consider the effects of those events on "white-collar" workers.
The special theme of this issue of our newsletter is smallscale credit. How to deliver efficient and effective credit services to those individuals seeking small amounts of capital is not a new problem in Indonesia.
SMERU is at present undergoing an exciting transition. This is the last year that we will operate under the umbrella of the World Bank. Beginning in January 2001 SMERU will be operating as an independent research organization. 'The SMERU Research Institute' has already been established as a Yayasan and this will become effective next year.

