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The Post-Suharto era (Indonesian: Era pasca-Suharto) is the contemporary history in Indonesia, which began with the resignation of authoritarian president Suharto on 21 May 1998. Since his resignation, the country has been in a period of transition, colloquially known as the Reform era (Indonesian: Era Reformasi ).
Reformasi (Indonesia), a movement to dethrone Suharto as President in May 1998 and the post-Suharto era in Indonesia that began immediately after; Reformasi (Malaysia), which was initiated in September 1998 by former Malaysian Deputy Prime Minister Anwar Ibrahim, immediately after he was sacked by former Prime Minister Mahathir Mohamad
In the pre-reform era, government was funded by profits from state-owned enterprises, much like the Soviet Union. [162] As the state sector fell in importance and profitability, government revenues, especially that of the central government in Beijing, fell substantially and the government relied on a confused system of inventory taxes.