Author: Karl Jackson
Publisher: Routledge
ISBN: 0429970722
Category : Political Science
Languages : en
Pages : 329
Book Description
For much of the second half of the twentieth century, the Asian economic "miracle" has fueled the greatest expansion of wealth for the largest population in the history of mankind. In the summer of 1997, thirty years of economic boom came crashing back to earth. The reality of unrestrained speculation, inefficiently regulated currency exchange, banking instability and bad loans have struck the much-vaunted "Asian Tigers" like Thailand, Indonesia, Korea, and, finally, Japan, casting a shadow of uncertainty on a region recently to the fore in the world economic system. Recovery depends largely on reform within the Asian economies themselves and a cold assessment of the structural weaknesses that lay under the surface, but only now have come to light. The implications for world economies and, more broadly, the dynamics of world politics, are tremendous.
Asian Contagion
Land and Development in Indonesia
Author: John F McCarthy
Publisher: Flipside Digital Content Company Inc.
ISBN: 9814762113
Category : Political Science
Languages : en
Pages : 391
Book Description
Indonesia was founded on the ideal of the "e;Sovereignty of the People"e;, which suggests the pre-eminence of people's rights to access, use and control land to support their livelihoods. Yet, many questions remain unresolved. How can the state ensure access to land for agriculture and housing while also supporting land acquisition for investment in industry and infrastructure? What is to be done about indigenous rights? Do registration and titling provide solutions? Is the land reform agenda "e;legislated but never implemented"e; still relevant? How should the land questions affecting Indonesia's disappearing forests be resolved? The contributors to this volume assess progress on these issues through case studies from across the archipelago: from large-scale land acquisitions in Papua, to asset ownership in the villages of Sulawesi and Java, to tenure conflicts associated with the oil palm and mining booms in Kalimantan, Sulawesi and Sumatra. What are the prospects for the "e;people's sovereignty"e; in regard to land?
Publisher: Flipside Digital Content Company Inc.
ISBN: 9814762113
Category : Political Science
Languages : en
Pages : 391
Book Description
Indonesia was founded on the ideal of the "e;Sovereignty of the People"e;, which suggests the pre-eminence of people's rights to access, use and control land to support their livelihoods. Yet, many questions remain unresolved. How can the state ensure access to land for agriculture and housing while also supporting land acquisition for investment in industry and infrastructure? What is to be done about indigenous rights? Do registration and titling provide solutions? Is the land reform agenda "e;legislated but never implemented"e; still relevant? How should the land questions affecting Indonesia's disappearing forests be resolved? The contributors to this volume assess progress on these issues through case studies from across the archipelago: from large-scale land acquisitions in Papua, to asset ownership in the villages of Sulawesi and Java, to tenure conflicts associated with the oil palm and mining booms in Kalimantan, Sulawesi and Sumatra. What are the prospects for the "e;people's sovereignty"e; in regard to land?
Reorganising Power in Indonesia
Author: Richard Robison
Publisher: Psychology Press
ISBN: 0415332532
Category : Business and politics
Languages : en
Pages : 325
Book Description
A new and distinctive analysis of the dramatic fall of Soeharto, the last of the great Cold-War capitalist dictators, and of the struggles that reshape the institutions and systems of power and wealth in Indonesia.
Publisher: Psychology Press
ISBN: 0415332532
Category : Business and politics
Languages : en
Pages : 325
Book Description
A new and distinctive analysis of the dramatic fall of Soeharto, the last of the great Cold-War capitalist dictators, and of the struggles that reshape the institutions and systems of power and wealth in Indonesia.
The Politics of Economic Liberalization in Indonesia
Author: Andrew Rosser
Publisher: Routledge
ISBN: 1136855866
Category : Social Science
Languages : en
Pages : 258
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.
Publisher: Routledge
ISBN: 1136855866
Category : Social Science
Languages : en
Pages : 258
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.
Power and Political Culture in Suharto's Indonesia
Author: Stefan Eklof
Publisher: Routledge
ISBN: 1135303681
Category : Education
Languages : en
Pages : 359
Book Description
In the mid-1990s, the formerly pliant Indonesian Democratic Party (PDI) was transformed into an active opposition party by Megawati Sukarnoputri (now President of Indonesia). The subsequent backlash from the Suharto regime ultimately led to its downfall.
Publisher: Routledge
ISBN: 1135303681
Category : Education
Languages : en
Pages : 359
Book Description
In the mid-1990s, the formerly pliant Indonesian Democratic Party (PDI) was transformed into an active opposition party by Megawati Sukarnoputri (now President of Indonesia). The subsequent backlash from the Suharto regime ultimately led to its downfall.
Indonesia in Transition
Author: Chris Manning
Publisher: Zed Books
ISBN: 9781856499248
Category : Business & Economics
Languages : en
Pages : 412
Book Description
Indonesia enters the new millennium at a time of transition. It has experienced several crises - in particular the economic crisis of 1997-98, a severe intensification of its environmental degradation, and more recently the East Timor crisis, the ongoing Aceh demand for independence, the change of government from the autocratic Soeharto regime to one democratically elected and under the leadership of President Abdurrahman Wahid, and the outbreak of a number of violent communal conflicts. These crises were separate but have interlinked social and political dynamics. This major volume is the first wide-ranging analysis of recent developments. It analyses the social and political dimensions of reformation: poverty and income, environment and livelihood, civil society and legal institutions, and Islam and politics. Contributors include Indonesian and Australian scholars from a range of social science disciplines.
Publisher: Zed Books
ISBN: 9781856499248
Category : Business & Economics
Languages : en
Pages : 412
Book Description
Indonesia enters the new millennium at a time of transition. It has experienced several crises - in particular the economic crisis of 1997-98, a severe intensification of its environmental degradation, and more recently the East Timor crisis, the ongoing Aceh demand for independence, the change of government from the autocratic Soeharto regime to one democratically elected and under the leadership of President Abdurrahman Wahid, and the outbreak of a number of violent communal conflicts. These crises were separate but have interlinked social and political dynamics. This major volume is the first wide-ranging analysis of recent developments. It analyses the social and political dimensions of reformation: poverty and income, environment and livelihood, civil society and legal institutions, and Islam and politics. Contributors include Indonesian and Australian scholars from a range of social science disciplines.
Building a Modern Financial System
Author: David C. Cole
Publisher: Cambridge University Press
ISBN: 9780521650885
Category : Business & Economics
Languages : en
Pages : 414
Book Description
Building A Modern Financial System provides penetrating insights into the upheavals in Indonesia, and explains the kinds of policies that can lead to the development of a modern financial system in a large, relatively underdeveloped country. The study covers all facets of the financial system, emphasising the role of the monetary authorities, the transition from government-dominated to a predominantly private banking system, and the rapid expansion of the capital market. Indonesia is a particularly interesting case because its economy and financial system was in shambles in the mid-1960s owing to political adventurism and economic mismanagement. Until more recently sensible economic policies and growth-promoting reforms provided a sound financial system and a balanced expansion of agriculture and industry. However since the mid-1990's the stability of the Indonesian system has once again been called into question.
Publisher: Cambridge University Press
ISBN: 9780521650885
Category : Business & Economics
Languages : en
Pages : 414
Book Description
Building A Modern Financial System provides penetrating insights into the upheavals in Indonesia, and explains the kinds of policies that can lead to the development of a modern financial system in a large, relatively underdeveloped country. The study covers all facets of the financial system, emphasising the role of the monetary authorities, the transition from government-dominated to a predominantly private banking system, and the rapid expansion of the capital market. Indonesia is a particularly interesting case because its economy and financial system was in shambles in the mid-1960s owing to political adventurism and economic mismanagement. Until more recently sensible economic policies and growth-promoting reforms provided a sound financial system and a balanced expansion of agriculture and industry. However since the mid-1990's the stability of the Indonesian system has once again been called into question.
An Institutional Analysis of Sasi Laut in Maluku, Indonesia
Author:
Publisher: WorldFish
ISBN: 9832346010
Category : Fishery management
Languages : en
Pages : 331
Book Description
This study provides an understanding of the extent and functioning of community based coastal resource management systems in Maluku province, Indonesia and suggests recommendations for national, provincial and village government to support, maintain and develop effective traditional and indigenous resource management institutions. The study has shown that the Sasi Laut has benefits that can be used as a basis for building local level management institutions.
Publisher: WorldFish
ISBN: 9832346010
Category : Fishery management
Languages : en
Pages : 331
Book Description
This study provides an understanding of the extent and functioning of community based coastal resource management systems in Maluku province, Indonesia and suggests recommendations for national, provincial and village government to support, maintain and develop effective traditional and indigenous resource management institutions. The study has shown that the Sasi Laut has benefits that can be used as a basis for building local level management institutions.
International Financial Governance under Stress
Author: Geoffrey R. D. Underhill
Publisher: Cambridge University Press
ISBN: 1139434845
Category : Business & Economics
Languages : en
Pages : 411
Book Description
Persistent episodes of global financial crises have placed the existing system of international monetary and financial governance under stress. The resulting economic turmoil provides a focal point for rethinking the norms and institutions of global financial architecture and the policy options of public and private authorities at national, regional and transnational levels. This volume moves beyond analysis of the causes and consequences of recent financial crises and concentrates on issues of policy. Written by distinguished scholars, it focuses on the tension between global market structures and national policy imperatives. Accessible to both specialists and general readers, the analysis is coherent across a broad range of theoretical and empirical cases. Offering a series of reasoned policy responses to financial integration and crises, the volume grapples directly with the institutional and often-neglected normative dimensions of international financial architecture. The volume thus constitutes required reading for scholars and policy-makers.
Publisher: Cambridge University Press
ISBN: 1139434845
Category : Business & Economics
Languages : en
Pages : 411
Book Description
Persistent episodes of global financial crises have placed the existing system of international monetary and financial governance under stress. The resulting economic turmoil provides a focal point for rethinking the norms and institutions of global financial architecture and the policy options of public and private authorities at national, regional and transnational levels. This volume moves beyond analysis of the causes and consequences of recent financial crises and concentrates on issues of policy. Written by distinguished scholars, it focuses on the tension between global market structures and national policy imperatives. Accessible to both specialists and general readers, the analysis is coherent across a broad range of theoretical and empirical cases. Offering a series of reasoned policy responses to financial integration and crises, the volume grapples directly with the institutional and often-neglected normative dimensions of international financial architecture. The volume thus constitutes required reading for scholars and policy-makers.
Financial Fragility and Instability in Indonesia
Author: Yasuyuki Matsumoto
Publisher: Routledge
ISBN: 1134150407
Category : Business & Economics
Languages : en
Pages : 287
Book Description
This highly relevant study provides an incisive analysis of a critical phase in recent East Asian financial history, exploring the underlying causes of the financial crisis that struck Indonesia during the second half of 1997. Matsumoto’s extensive commercial experience in Indonesian finance during these critical years, allows him to skilfully argue that the roots of the crisis lay in the period of capital liberalization undertaken during the boom years from 1994 to 1997 which encouraged the development of fragile and unstable financial structures, involving increased corporate leverage, reliance on external debt, and the introduction of riskier and more complicated financial instruments and transactions. In-depth fieldwork data and four detailed case studies illuminate the microeconomic foundations of the crisis, showing how Indonesian capitalists sought to liquidate their Indonesian assets without losing control of their corporate empires, by taking advantage of increased access to foreign loans and complex financial re-engineering, actions which ultimately precipitated instability and crisis throughout the entire financial system. Finally, it reflects upon the policy implications of this episode, putting forward the case for comprehensive capital controls for open and developing economies until they establish appropriate financial institutions to monitor and manage the level of indebtedness and the volatility of capitalists’ behaviour.
Publisher: Routledge
ISBN: 1134150407
Category : Business & Economics
Languages : en
Pages : 287
Book Description
This highly relevant study provides an incisive analysis of a critical phase in recent East Asian financial history, exploring the underlying causes of the financial crisis that struck Indonesia during the second half of 1997. Matsumoto’s extensive commercial experience in Indonesian finance during these critical years, allows him to skilfully argue that the roots of the crisis lay in the period of capital liberalization undertaken during the boom years from 1994 to 1997 which encouraged the development of fragile and unstable financial structures, involving increased corporate leverage, reliance on external debt, and the introduction of riskier and more complicated financial instruments and transactions. In-depth fieldwork data and four detailed case studies illuminate the microeconomic foundations of the crisis, showing how Indonesian capitalists sought to liquidate their Indonesian assets without losing control of their corporate empires, by taking advantage of increased access to foreign loans and complex financial re-engineering, actions which ultimately precipitated instability and crisis throughout the entire financial system. Finally, it reflects upon the policy implications of this episode, putting forward the case for comprehensive capital controls for open and developing economies until they establish appropriate financial institutions to monitor and manage the level of indebtedness and the volatility of capitalists’ behaviour.