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  2. IDE Research Paper

Post-Crisis Economic Reform in Indonesia:Policy for Intervening in Ownership in Historical Perspective

https://doi.org/10.20561/00033203
https://doi.org/10.20561/00033203
ca24bcfb-00db-41b2-8b6f-c350568fed20
名前 / ファイル ライセンス アクション
ZRP200309_002.pdf 本文 (236.8 kB)
Item type アジ研テクニカルレポート / IDE Technical Report(1)
公開日 2009-01-28
タイトル
タイトル Post-Crisis Economic Reform in Indonesia:Policy for Intervening in Ownership in Historical Perspective
言語
言語 eng
資源タイプ
資源タイプ識別子 http://purl.org/coar/resource_type/c_18gh
資源タイプ technical report
ID登録
ID登録 10.20561/00033203
ID登録タイプ JaLC
著者 佐藤, 百合

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著者別名
Sato, Yuri
抄録
内容記述タイプ Abstract
内容記述 Introduction : Economic reform in Indonesia after the Asian currency crisis is often discussed in parallel with Thailand and South Korea, which were alike hit by the crisis. It should however be noted that what happened in Indonesia was a change of political regime from authoritarianism to democracy, not just a change of government as seen in Thailand and South Korea. Indonesia's post-crisis reform should be understood in the context of dismantling of the Soeharto regime to seek a new democratic state system. In the political sphere, dramatic institutional changes have occurred since the downfall of the Soeharto government in May 1998. In comparison, changes in the economic sphere are more complex than the political changes, as the former involve at least three aspects. The first is the continuity in the basic framework of capitalist system with policy orientation toward economic liberalization. In this framework, the policies to overcome the crisis are continued from the last period of the Soeharto rule, under the support system of IMF and CGI (Consultative Group on Indonesia). The second aspect is the impact of the political regime change on the economic structure. It is considered that the structure of economic vested interests of the Soeharto regime is being disintegrated as the regime breaks down. The third aspect is the impact of the political regime change on economic policy-making process. The process of formulating and implementing policies has changed drastically from the Soeharto time. With these three aspects simultaneously at work, it is not so easy to identify which of them is the main cause for a given specific economic phenomenon emerging in Indonesia today. Keeping this difficulty in mind, this paper attempts to situate the post-crisis economic reform in the broader context of the historical development of Indonesian economic policies and their achievements. We focus in particular on the reform policies for banking and corporate sectors and resulting structural changes in these sectors. This paper aims at understanding the significance of the changes in the economic ownership structure that are occurring in the post-Soeharto Indonesia. Economic policies here do not mean macro economic policies, such as fiscal, financial and trade policies, but refer to micro economic policies whereby the government intervenes in the economic ownership structure. In Section 1, we clarify why economic policies for intervening in the ownership structure are important in understanding Indonesia. Section 2 follows the historical development of Indonesia's economic policies as specified above, throughout the four successive periods since Indonesia's independence, namely, the parliamentary democracy period, the Guided Democracy period under Soekarno, the Soeharto-regime consolidation period, and the Soeharto-regime transfiguration period2. Then we observe what economic ownership structure was at work in the pre-crisis last days of the Soeharto rule as an outcome of the economic policies. In Section 3, we examine what structural changes have taken place in the banking and corporate sectors due to the reform policies in the post-crisis and post-Soeharto Indonesia. Lastly in Section 4, we interpret the current reorganization of the economic ownership in the context of the historical transition of the ownership structure, taking account of the changes in the policy-making processes under democratization.
権利
権利情報 Copyrights 日本貿易振興機構(ジェトロ)アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp
収録情報 IDE Research Paper
en : IDE Research Paper

巻 4, 発行日 2003-09
出版者
出版者 Institute of Developing Economies, JETRO
著者版フラグ
出版タイプ VoR
出版タイプResource http://purl.org/coar/version/c_970fb48d4fbd8a85
日本十進分類法
主題Scheme NDC
主題 332
JEL分類
主題Scheme Other
主題 JEL:N45 - Asia including Middle East
JEL分類
主題Scheme Other
主題 JEL:O53 - Asia including Middle East
地域/国名
位置情報(自由記述) インドネシア
キーワード(LSH)
主題Scheme Other
主題 Economic reform
キーワード(LSH)
主題Scheme Other
主題 Indonesia
キーワード(LSH)
主題Scheme Other
主題 Asian currency crisis
キーワード(LSH)
主題Scheme Other
主題 Economic liberalization
キーワード(LSH)
主題Scheme Other
主題 Economic policy-making
キーワード(LSH)
主題Scheme Other
主題 経済改革
キーワード(LSH)
主題Scheme Other
主題 インドネシア
キーワード(LSH)
主題Scheme Other
主題 アジア通貨危機
キーワード(LSH)
主題Scheme Other
主題 経済自由化
キーワード(LSH)
主題Scheme Other
主題 経済政策形成
フォーマット
内容記述タイプ Other
内容記述 application/pdf
DIG_NO
内容記述タイプ Other
内容記述 ZRP200309_002
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