EKONOMI POLITIK RESTRUKTURISASI BUMN
##plugins.themes.bootstrap3.article.sidebar##
##plugins.themes.bootstrap3.article.main##
Abstract
For more than a decade Indonesian state enterprises have been under strong pressures to change. Their poor performance due to incompetent management and strong politization as well as budget deficit that has plagued the country since 1990s have led to the privatization move. Although a solid institutional setup for the permanent improvement of state enterprise performance is gradually established, the government remains unclear with regard to what extent it pursues the balance between state and private enterprises in the future. This should get attention considering the likely increasing numbers of state enterprises sold to foreign enterprises through the recent privatization initiative. In the political economic context of Indonesia, state enterprises have been historically assumed to play a balancing role, especially to domestic Chinese and foreign private capitals. Thus,
with privatization changing the existing balance gradually more in favour of foreign
capitals, it creates impression that economic nationalism is no longer relevant in the
Indonesian economy.
##plugins.themes.bootstrap3.article.details##
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- The journal allow the authors to hold the copyright without restrictions and allow the authors to retain publishing rights without restrictions.
- Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
References
Castle, L., (June 1965), “Socialism and Private Businessâ€, Bulletin of Indonesian Economic
Studies (BIES), No.1.
Hendrawan, Sanerya, (1996), Reform and Modernization of State Enterprises, Acco, Leuven.
Hendrawan, Sanerya, (1999), “Pluralism and Governance in Indonesiaâ€, dalam F.
Delmartino, A. Pongsapich, R. Hrbek, Regional Pluralism and Good Governance:
Problem and Solutions in ASEAN and EU-Countries, Nomos Verlagsgesellschaft,
Germany
Hendrawan, Sanerya, (1998), Privatization of State Enterprises in Indonesia from Soeharto to
Habibie: Can Indonesia's Recently More Democratic Climate Accelerate and Improve
the Process of Privatization?, Chulalongkorn University, Bangkok
Pangestu, Mari, “Survey of Recent Developmentdâ€, Buletin of Indonesian Economic Studies
(BIES), Vol. 23, No.1, April 1987
Polak, J.J. (1939), The National Income of the Netherlands-Indies in 1921-1939, New York:
Institute of Pacific Relations, 1939
Prowse, Stephen, (March 1998), “Corporate Governance in East Asia: A Framework for
Analysis, ADB/World Bank: Senior Policy Seminar on Managing Global
Financial Integration in Asia.
Soehoed, A.R., (1982), “Industrial Development During REPELITA IIIâ€, Indonesian
Quarterly, 10,