Author: Farrukh Iqbal
Publisher: Bloomsbury Publishing USA
ISBN: 0313006857
Category : Business & Economics
Languages : en
Pages : 215
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Book Description
Of the developing nations of East Asia, Indonesia came relatively late to liberalizing its trade and investment regime. Only in the mid-1980s, when it was clear that oil revenues alone would not suffice and that a new engine of growth was needed, did the country's government swing behind a systematic deregulation effort. Tariffs were cut, non-tariff barriers were lowered, foreign investment restrictions were reduced, export promotion incentives were enhanced, and various financial sector regulations were eased. All this combined to spark a labor-intensive export-led economic boom that was accompanied by an expansion in wages and employment and a boost in productivity. This book documents how Indonesia truly became part of the East Asian miracle story starting in the mid-1980s. Destined to become a leading case study of export-led development in Indonesia, this book grew out of a World Bank/Indonesian Economic Society Symposium held in Jakarta. There was, however, a parallel story as well, of crony capitalism and weak governance, that led to the financial and political crisis of 1997-98. These aspects were reflected in continued protection of certain sectors where the cronies were active, in restrictions on domestic trade and competition that were left in place for their benefit, and in financial manipulations that were conducted to their advantage. These aspects are noted as well in the book and pulled together in the concluding chapter, which takes the story up through the crisis years to the present.
Author: Hadi Soesastro
Publisher:
ISBN:
Category : Deregulation
Languages : en
Pages : 44
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Book Description
Author:
Publisher:
ISBN:
Category : Deregulation
Languages : en
Pages : 36
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Book Description
Author: Radius Prawiro
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 408
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Book Description
"The book covers every major aspect of economic policymaking and provides a frank and insightful analysis of the successes, problems, and lessons from the most vital period in Indonesia's modern history."--Jacket.
Author: Titin Ayu Asih Suwandi
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 126
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Book Description
Author: Titin Suwandi
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
Number 95/4 in the Economics Division Working Papers Southeast Asia. This paper discusses the positive and negative effects of financial deregulation in Indonesia after 1983. Includes a bibliography and a list of recent publications by the Economics Division, Research School of Pacific and Asian Studies, the Australian National University. Titin Suwandi is a PhD student in the economics program at the National Centre for Development Studies, Research School of Pacific and Asian Studies at the Australian National University.
Author: Binhadi
Publisher:
ISBN: 9789798458095
Category : Banking law
Languages : en
Pages : 540
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Book Description
Author: Mari Pangestu
Publisher:
ISBN:
Category : Indonesia
Languages : en
Pages : 202
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Book Description
Comprises six papers analysing policy reform in Indonesia from 1982 to 1996 and evaluates the factors which led to these reforms.
Author: Chris Manning
Publisher: World Bank Publications
ISBN:
Category : Deregulation
Languages : en
Pages : 44
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Book Description
Author: Andrew Rosser
Publisher: Routledge
ISBN: 1136855866
Category : Social Science
Languages : en
Pages : 258
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Book Description
This book examines the dynamics shaping the economic process of economic liberalisation in Indonesia since the mid-1980's. Much writing on the process of economic liberalisation in developing countries views economic liberalisation as the victory of economic rationality over political and social interests. In contrast, this book argues that economic liberalisation should not be understood in these terms, but rather in the way that political social interests shape processes of economic reform in both a positive and negative sense. Specifically, Rosser argues that economic liberalisation needs to be understood in terms of the extent to which economic crises shift the balance of power and influence within society away from coalitions opposed to reform and towards those in favour of reform. In the Indonesian context, the main coalitions that need to be examined in this respect are the politico-bureaucrats and the conglomerates who have generally opposed reform and mobile capitalists who have generally supported reform. Based on extensive original research, and providing much new material, the book considers the politics of economic policy-making in Indonesia in a range of sectors including the capital market, intellectual property law, the banking industry, and the trade and investment sectors. Analysing why the nature of economic policy in Indonesia has varied over time, this study argues that there is nothing inevitable about a transition to a fully-fledged liberal market order in Indonesia, and outlines possible future scenarios for the country's political economy.
