Public-Private Partnerships and the Transformation Of

Total Page:16

File Type:pdf, Size:1020Kb

Public-Private Partnerships and the Transformation Of PUBLIC-PRIVATE PARTNERSHIPS AND THE TRANSFORMATION OF THE THIRD WORLD STATE: THE CASE OF INDONESIA Dudi Rulliadi ORCID Identifier: 0000-0003-0771-4121 Submitted in total fulfilment of the requirements of the degree of Doctor of Philosophy January 2017 MELBOURNE LAW SCHOOL ABSTRACT This thesis aims to answer the question of how we should understand the transformation of infrastructure finance, and with it the Third World state, through the adoption of public-private partnerships (PPPs), with a focus on the case of Indonesia. It also seeks to understand the role of international law and institutions in that transformation. In this thesis, ‘PPPs’ refer to a range of contractual mechanisms used in the infrastructure sector. This thesis mainly focuses on PPPs as long-term contracts between Third World states and foreign private investors for the provision of ‘economic’ infrastructure that is vital for daily economic activity. PPPs have been widely promoted by international financial institutions (IFIs) as offering an innovative, technical and apolitical means to deliver better infrastructure and development for Third World states. This thesis offers a different way of understanding the role of PPPs in the Third World, presenting them as instruments of development and state transformation that must be studied within broader historical and geopolitical perspectives. It situates the promotion of PPPs within the project of Third World development championed by international institutions and law. The thesis argues that the translation of concessions into an instrument of development, and their incorporation into global development policy in the form of PPPs, has revived an older colonial project of remaking the Third World through concessions. Through promoting PPPs, IFIs have transformed domestic economic governance, the state and market relationship and the way the state understands infrastructure provision. In conjunction with their establishment, PPPs provided ‘efficiency’ as the new single reference for the state. Further, PPPs have transformed the economic role of the state beyond merely supporting the market, to a level where the state is also accountable to the market, thus putting democracy at risk. The thesis takes Indonesia as its focus, and uses a historical method to understand the ideological and legal- technical basis of PPPs, the role played by international law and actors in their promotion, their relation to earlier colonial concessions, and their role in the displacement of a collectivist post-independence economic model and interventionist establishment of market-friendly institutions. It reveals that Third World PPPs are a distinct project, shaped by the interventions of the international actors involved, and aimed at the transformation of the state. By these interventions and conceptualizations, the promotion of PPPs by IFIs has transformed Third World concessions and expanded the role of international law from a regulatory system governing concessions to one that creates market-friendly institutions in the domestic sphere. i DECLARATION This is to certify that: (i) the thesis comprises only my original work towards the PhD; (ii) due acknowledgement has been made in the text to all other material used; (iii) the thesis is less than 100,000 words in length, exclusive of tables, maps, bibliographies and appendices. Signature: Date: January 2017 Dudi Rulliadi ii ACKNOWLEDGMENTS A long journey that started as a childhood dream has finally reached the finishing line. After more than four years, my roller coaster ride has come to an end but the memory of it will stay forever. I thank Allah SWT, God the Almighty, for showing me, through this journey, the power and limits of human strength and reason. During my stay in Melbourne, I have met many respected scholars who have inspired me and helped me develop my intellectual horizons. My biggest thanks go to my supervisors, Professors Anne Orford and Tim Lindsey. They have been great mentors and their confidence that I would one day complete this journey enabled me to do so. Thanks go also to Sundhya Pahuja, Luis Eslava, Jennifer Beard, and Shaun McVeigh who have been both inspirational and generous. Sarah Biddulph was the academic assessor at my Confirmation and deserves my gratitude for that, as does Laura Griffin, who was very generous and helpful in anything beyond my thesis during my time in Melbourne. To my fellow travellers - Dewi Apsari, Rheny Pulungan, Josie Khatarina, Rifky Assegaf, Windy Triana, Anna Dziedzic, Tsegaye Ararssa, Cait Storr, Lily O Neill, Sara Dehm, Oishik Sircar and Debolina Dutta - thanks for sharing your thoughts, stories and experiences during my PhD years. I also thank past and current Research Officers, Domi Cordoba, Meghan Bergamin, Madeleine Grey, Rebecca Crozer and Andrew Dalziel, who have helped me with so many administrative matters. During my candidature, I was privileged to meet highly respected international lawyers, Professors Martti Koskenniemi, Antony Anghie and M. Sornarajah, to whom I presented my thesis in the Law School’s PhD masterclass. Thanks are due also to Professors Phillip Dann and Benedict Kingsbury for inviting me to the New York University School of Law and having enough confidence in me to allow me to present the very first, humble, paper I wrote in the first year of my PhD candidature. I am very grateful to my close friends who have supported me in so many ways, for so many years: Seno, Yanwar, Sulthon and Rahmad, my colleagues in the Fiscal Risk iii Management and Treasury of the Ministry of Finance. They have contributed so much to my thesis as well as my personal and professional development. Thanks are due as well to M. Ali Hanafiah with whom I had many spiritual conversations during our PhD journey and for helping me format this thesis, and to Darwin and Faaris at PT (Persero) Sarana Multi Infrastruktur, and Dody Mihardjana. Both gave me access to their valuable resources on the history of PPPs in Indonesia. Nietzsche once said, "Our writing equipment takes part in the forming of our thoughts". So I also thank Steve Jobs for creating such a beautiful and reliable typing machine that has accompanied my days and nights of inspirations and frustrations and helped me to transform my thoughts into paper. Finally, deep thanks go to my beloved wife Anisah and my lovely children, Amartya, Navya and Arka, who have made this journey possible - and unforgettable; and to my parents, my heroes, who have showed me the power of perseverance and patience. To them, I dedicate this thesis. iv TABLE OF CONTENTS ABSTRACT ................................................................................................................... i DECLARATION ........................................................................................................... ii ACKNOWLEDGMENTS ............................................................................................ iii GLOSSARY ................................................................................................................. ix CHAPTER I ................................................................................................................... 1 I. RESEARCH QUESTIONS AND SIGNIFICANCE OF THE THESIS ............ 1 II. THE INSPIRING EVENTS: PPPs AND THE TRANSFORMATION OF THE PARADIGM AND INSTITUTIONS ........................................................................ 4 III. CONCEPTUAL FOUNDATION OF PPPs: CONCESSION AND DEVELOPMENT NEXUS ........................................................................................ 6 IV. PPPs, THIRD WORLD DEVELOPMENT AND INTERNATIONAL LAW . ........................................................................................................................ 9 V. PPPs AND STATE TRANSFORMATION IN INDONESIA ......................... 12 VI. LOOKING THROUGH THE LENS OF NEOLIBERALISM: DEVELOPMENT, PPPs AND THE MARKETIZATION OF THE STATE ......... 16 VII. SCOPE OF THE THESIS ............................................................................. 27 VIII. STRUCTURE OF THE THESIS .................................................................. 29 CHAPTER II OLD NARRATIVE, INNOVATIVE TECHNOLOGY: THE CONSTRUCTION OF THIRD WORLD PUBLIC-PRIVATE PARTNERSHIPS .... 33 I. INTRODUCTION ............................................................................................ 33 II. THE FOUNDATIONS AND NARRATIVE OF TODAY’S PPPs: CONCESSIONS AND THEIR RELATIONSHIPS WITH DEVELOPMENT, INTERNATIONAL LAW AND GOVERNANCE ................................................. 35 III. THE EXPANSION OF INTERNATIONAL LAW AND DIVERGENT MEANINGS OF DEVELOPMENT IN THIRD WORLD CONCESSIONS ......... 38 A. Development as Self Empowerment: The Suez Canal Concession .............. 39 B. The Expansion of International Law into Third World Concessions ........... 42 v IV. THE PRIVATE FINANCE INITIATIVE AND GLOBAL NORMS ON INFRASTRUCTURE PROVISION ........................................................................ 48 A. Brief History of the Private Finance Initiative .............................................. 48 B. The Ryrie Rules and The Institutionalization of Efficiency ......................... 51 C. Technical Innovations of the PFI .................................................................. 53 D. The PFI and the Formation of Global Norms in Infrastructure Provision .... 56 V. CONCLUSION ................................................................................................ 58 CHAPTER III FROM DUTCH COLONIALISM TO
Recommended publications
  • Welfare in Transition
    Welfare in Transition The Political Economy of Social Protection Reform in Indonesia Maryke van Diermen Thesis submitted for the degree of Doctor of Philosophy in the Department of Anthropology and Development Studies School of Social Sciences, Faculty of Arts University of Adelaide December 2017 Declaration I certify that this work contains no material which has been accepted for the award of any other degree or diploma in my name in any university or other tertiary institution and, to the best of my knowledge and belief, contains no material previously published or written by another person, except where due reference has been made in the text. In addition, I certify that no part of this work will, in the future, be used in a submission in my name for any other degree or diploma in any university or other tertiary institution without the prior approval of the University of Adelaide and where applicable, any partner institution responsible for the joint award of this degree. I give permission for the digital version of my thesis to be made available on the web, via the University's digital research repository, the Library Search and also through web search engines, unless permission has been granted by the University to restrict access for a period of time. I acknowledge the support I have received for my research through the provision of an Australian Government Research Training Program Scholarship. Signature of candidate: Date: 10/07/18 ii Acknowledgements This thesis would not have been possible without the support I have received from many people. I am thankful to them all but I wish to mention some in particular.
    [Show full text]
  • Table of Content
    UvA-DARE (Digital Academic Repository) Elites and economic policies in Indonesia and Nigeria, 1966-1998 Fuady, A.H. Publication date 2012 Link to publication Citation for published version (APA): Fuady, A. H. (2012). Elites and economic policies in Indonesia and Nigeria, 1966-1998. General rights It is not permitted to download or to forward/distribute the text or part of it without the consent of the author(s) and/or copyright holder(s), other than for strictly personal, individual use, unless the work is under an open content license (like Creative Commons). Disclaimer/Complaints regulations If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library: https://uba.uva.nl/en/contact, or a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible. UvA-DARE is a service provided by the library of the University of Amsterdam (https://dare.uva.nl) Download date:29 Sep 2021 Chapter 6 Elites and Industrialization Policy Industrialization has been regarded as a major factor contributing to divergent economic development in Asia and Africa. This has also been a feature of Indonesia–Nigeria comparisons since the 1980s. Since the mid- 1980s, the manufacturing sector has been an engine of growth in Indonesia. Contribution of the sector to the country‟s GDP increased significantly, from 8 percent in 1965 to 29 percent in 2003 (World Bank, 2007b).
    [Show full text]
  • Growing Apart
    Growing Apart Growing Apart Oil, Politics, and Economic Change in Indonesia and Nigeria peter m. lewis the university of michigan press Ann Arbor Copyright © by the University of Michigan 2007 All rights reserved Published in the United States of America by The University of Michigan Press Manufactured in the United States of America c Printed on acid-free paper 2010 2009 2008 2007 4321 No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, or otherwise, without the written permission of the publisher. A CIP catalog record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data Lewis, Peter, 1957– Growing apart : oil, politics, and economic change in Indonesia and Nigeria / Peter M. Lewis. p. cm. — (Interests, identities, and institutions in comparative politics) Includes bibliographical references and index. ISBN-13: 978-0-472-09980-1 (cloth : alk. paper) ISBN-10: 0-472-09980-9 (cloth : alk. paper) ISBN-13: 978-0-472-06980-4 (pbk. : alk. paper) ISBN-10: 0-472-06980-2 (pbk. : alk. paper) 1. Indonesia—Economic conditions—1945– . 2. Nigeria— Economic conditions—1970– . 3. Indonesia—Economic policy. 4. Nigeria—Economic policy. I. Title. HC447.L47 2007 330.9598—dc22 2006025449 For Tamara Contents Acknowledgments ix Chapter 1. Introduction 1 Chapter 2. The Political Economy of Development 28 Chapter 3. Growing Apart Divergent Political Economies 54 Chapter 4. Indonesia Crisis, Reform, and Growth 86 Chapter 5. Nigeria Division, Distribution, and Decline 125 Chapter 6. Comparing Economic Performance 180 Chapter 7.
    [Show full text]
  • Ali Wardhana
    VOLUME XIII / NO. 145 / OKTOBER 2019 ALI WARDHANA Usianya terbilang muda kala beban negara dipercayakan padanya. Warisan persoalan ekonomi menunggu dibereskan. Di tangan Ali dan timnya, hiperinflasi dicundangi, institusi keuangan dibenahi, penerimaan negara dikukuhkan, pun kualitas hidup masyarakat dieskalasi. Kecakapan dan kejujuran nurani jadi modal lima belas tahun mengampu Menteri Keuangan. EDISI KHUSUS VOL. XIII / NO. 133 / OKTOBER 2018 1 ISSN 1907-6320 Daftar Isi Diterbitkan oleh: Sekretariat Jenderal Kementerian Keuangan. Pelindung: Menteri Keuangan LAPORAN UTAMA Sri Mulyani Indrawati. Pengarah: Wakil Menteri Keuangan Mardiasmo. Penanggung Jawab: 17 Ali Wardhana, 1928 - 2015 Sekretaris Jenderal Kementerian Keuangan Hadiyanto. Pemimpin Umum: Kepala Biro Komunikasi dan Layanan Informasi Nufransa Wira Sakti. Pemimpin Redaksi: 20 Infografis Kabag Manajemen Publikasi, Rahmat Widiana. Redaktur Pelaksana: Yani Kurnia A. Dewan 22 Tuan Pelopor Pembaruan Birokrasi Redaksi: Ferry Gunawan, Dianita Suliastuti, Titi Susanti, Budi Sulistyo, Pilar Wiratoma, 25 Sang Penegak Reformasi Pajak Purwo Widiarto, Muchamad Maltazam, Sri Moeji S, Alit Ayu Meinarsari, Teguh Warsito, Hadi 27 Tegas Tuntas Membenahi Surono, Ali Ridho, Budi Prayitno, Budi Sulistiyo. Tim Redaksi: Farida Rosadi, Reni Saptati D.I, Danik Setyowati, Abdul Aziz, Rostamaji, Adik Tejo Waskito, Arif Nur Rokhman, Ferdian 29 Agar Berkah Minyak Tak Jadi Musibah Jati Permana, Andi Abdurrochim, Muhammad Fabhi Riendi, Leila Rizki Niwanda, Kurnia Fitri 30 Berimbang dahulu, Bertumbuh Anidya, Buana Budianto Putri, Muhammad Irfan, Arimbi Putri, Nur Iman, Berliana, Hega Susilo, Kemudian Ika Luthfi Alzuhri, Agus Tri Hananto, Irfan Bayu Redaktur Foto: Anas Nur Huda, Resha Aditya 34 Penakluk Hiperinflasi Pratama, Fransiscus Edy Santoso, Andi Al Hakim, Muhammad Fath Kathin, Arief Kuswanadji, Intan Nur 37 Vokal di Forum Global Shabrina, Ichsan Atmaja, Megan Nandia, Sugeng Wistriono, Rezky Ramadhani, Arif Taufiq Nugroho.
    [Show full text]
  • Folder 1772466
    Program of I-tr . Robert S. McNamara Indonesia 1968 Tuesday, June 11 19030 Arriving by JAL 711 Wednesday, June 12 08. 30 09. 15 Courtesy call on President Soeharto at Djl. Tjendana II II II Minister of Foreign Affairs Malik at Djl. Diponegoro 29 10030 11 . 00 II II " Speaker M. PoR . S. (House of Representatives) Nasution 11 : 15 - 13. 00 II " 11 and discussion with Sultan Hamengku Buwono at Merdeka Selatan 6 . Also present: Prof. Dr . idjojo Nitisastro, Chairman of BAPPENAS (National Planning Agency) ; Prof. Dr . Ali Wardhana, Minister of Finance; Prof. Dr . Soemitro Djojohadikoesoemo, Minister of Trade; Drs . Frans Seda, Minister of Communications; Drs . Radius Prawiro, Governor of Bank Indonesia; Prof. Dr . Mohammad Sadli, Chairman of the Foreign Investment Board; Dr . Emil Salim, Deputy Chairman of BAPPENAS . 13. 15 - 15 . 00 Lunch by the U.S. Ambassador 15 . 15 16 . 15 Visiting Operation Room 18. 30 20.00 Reception by the Sultan at Department Store 11 Sarinah" (Mandarin Room) . 20.30 - 22.00 Dinner and cultural evening by the Sultan at Hotel Indonesia (Ramayana Room) . Thursday 1 June 13 08. 00 - 12. 00 Discussions with Sultan and Economic Ministers at Central Bank building. 12. 00 - 13 . 15 Meeting with the Ambassadors of IGGI countries at Central Bank building. 13. 30 15. 00 Lunch at Central Bank 16. 00 17. 00 . Ex change of views 17. 00 - 18. 00 Talk llith Sec. Gen . /Dir.Gen. and Boards of Directors of State-owned and private enterprises, at Merdeka Selatan 6. ( Julias Tah_ia, and m.an ot era) . ( 20. 00 ~ inner by rnternatio al inancial institutions Host - IMF ) - 2 - Friday, June 14 07.
    [Show full text]
  • The State and Illegality in Indonesia in Illegality and State the the STATE and ILLEGALITY in INDONESIA
    Edited by Edward Aspinall and Gerry van Klinken The state and illegality in Indonesia THE STATE AND ILLEGALITY IN INDONESIA The popular 1998 reformasi movement that brought down President Suharto’s regime demanded an end to illegal practices by state offi cials, from human rights abuse to nepotistic investments. Yet today, such practices have proven more resistant to reform than people had hoped. Many have said corruption in Indonesia is “entrenched”. We argue it is precisely this entrenched character that requires attention. What is state illegality entrenched in and how does it become entrenched? This involves studying actual cases. Our observations led us to rethink fundamental ideas about the nature of the state in Indonesia, especially regarding its socially embedded character. We conclude that illegal practices by state offi cials are not just aberrations to the state, they are the state. Almost invariably, illegality occurs as part of collective, patterned, organized and collaborative acts, linked to the competition for political power and access to state resources. While obviously excluding many without connections, corrupt behaviour also plays integrative and stabilizing functions. Especially at the lower end of the social ladder, it gets a lot of things done and is often considered legitimate. This book may be read as a defence of area studies approaches. Without the insights that grew from applying our area studies skills, we would still be constrained by highly stylized notions of the state, which bear little resemblance to the state’s actual workings. The struggle against corruption is a long-term political process. Instead of trying to depoliticize it, we believe the key to progress is greater popular participation.
    [Show full text]
  • Indo 54 0 1106967521 149
    F o r t h e S a k e o f D e b t M a n a g e m e n t : How w a s P residential D e c r e e No. 39/1991 D r a f t e d ? The Editors On September 4,1991, President Soeharto issued Presidential Decree No. 39/1991, announcing the formation of the Team for the Coordination of Management of Offshore Commercial Loans (Tim Koordinasi Pengelolaan Pinjaman Komersial Luar Negeri, or Tim PKLN). It consisted of ten ministers and the governor of the Bank of Indonesia and was headed by Coordinating Minister for Economy, Finance, Industry, and Development Super­ vision, Radius Prawiro. The Team was to coordinate the management of all offshore com­ mercial loans outside the framework of the IGGI and other official loans, to determine the total amount of offshore commercial loans to be procured from the international capital market in each fiscal year, and to decide the priority order of offshore commercial loans for financing development projects and other purposes.1 In short, the team was created for debt management to bring expanding offshore commercial loans under control. About a month later, on October 12,1991, after the Team met with Soeharto, Coordi­ nating Minister Radius Prawiro announced that it had set ceilings for offshore commercial borrowing by the Bank of Indonesia, state banks, private banks, state corporations, and private corporations, and that it had decided to approve three out of the seven large projects already in the pipeline for implementation in the 1991/92 fiscal year.
    [Show full text]
  • Islam and Economic Development in New Order's Indonesia (1967- 1998)
    The U.S. Congress established the East-West Center in 1960 to foster mutual understanding and coopera- tion among the governments and peoples of the Asia Pacific region including the United States. Funding for the Center comes from the U.S. govern- ment with additional support provided by private agencies, individuals, corporations, and Asian and Pacific governments. East-West Center Working Papers are circulated for comment and to inform interested colleagues about work in progress at the Center. For more information about the Center or to order publications, contact: Publication Sales Office East-West Center 1601 East-West Road Honolulu, Hawaii 96848-1601 Telephone: 808-944-7145 Facsimile: 808-944-7376 Email: ewcbooks@EastWestCenter.org Website: www.EastWestCenter.org EAST-WEST CENTER WORKING PAPERS International Graduate Student Conference Series No. 12, 2004 Islam and Economic Development in New Order's Indonesia (1967- 1998) Muhamad Ali Muhamad Ali is a Ph.D. candidate in the Department of History, University of Hawaii at Manoa. He is also an East- West Center Degree Fellow. He can be reached at muhamad@hawaii.edu. This paper was presented at the 3rd East-West Center International Graduate Student Conference, February 19-21, 2004 in Honolulu, Hawaii. East-West Center Working Papers: International Graduate Student Conference Series publishes graduate students' research in progress. This paper has been peer-reviewed. The views expressed are those of the author and not necessarily those of the Center. Please direct orders and requests to the East-West Center's Publication Sales Office. The price for Working Papers is $3.00 each plus shipping and handling.
    [Show full text]
  • Edukasi Dan Informasi Keuangan EDUKASI KEUANGAN
    Media Edukasi dan Informasi Keuangan EDUKASI KEUANGAN Edisi 30/2015 Daftar Isi Salam Redaksi 2 Liputan Utama 4 Liputan Khusus 14 Kuis 20 Profil 21 Serambi Ilmu 25 Mata Air 57 Tips n Trik 59 Selasar 62 Kalender Diklat 63 Resensi 64 Redaksi menerima kritik saran, pertanyaan, atau sanggahan terhadap EDUKASI masalah-masalah yang berkaitan dengan Kementerian Keuangan. K E U A N G A N Sampaikan melalui alamat email : edukasikeuangan@depkeu.go.id Salam Redaksi Selamat hari Oeang! Majalah Edukasi Keuangan edisi ini menjadi salah satu edisi spesial. Edisi ini, dalam rangka menyambut Hari Oeang, Edukasi Keuangan akan mengajak pembacanya untuk mengenal sejarah BPPK, dari dinding kampus yang ada di lingkungan BPPK. Sejarah adalah guru terbaik dalam kehidupan. Melalui sejarah kita bisa mengetahui perjalanan yang harus dilewati hingga bisa mencapai kondisi saat ini. Lewat sejarah juga kita bisa belajar menghargai dan menghormati segala bentuk peninggalan yang dimiliki. Saat ini mungkin kita hanya mengenal BPPK melalui nama Pusdiklat dan Kampusnya saja, tanpa tahu awal mula berdirinya bahkan cerita dibalik kampus tersebut berdiri. Edisi kali ini, Edukasi Keuangan akan mengangkat 5 kampus yang dimiliki BPPK, yang mengambil nama Mantan Menteri Keuangan di masa lampau. Kampus Sumitro Djojohadikusumo atau Kantor Pusat BPPK atau Kampus Purnawarman, Kampus Frans Seda atau Pusdiklat Bea dan Cukai, Kampus Ali Wardhana atau Kampus PKN STAN, Kampus Radius Prawiro atau Balai Diklat Kepemimpinan Magelang, serta Kampus JB. Sumarlin atau Pusdiklat Pajaka, adalah kampus-kampus yang dmiliki oleh BPPK. Kampus memiliki kesan tempat bertemunya pendidik dan yang dididik. Disini pula filosofi kampus-kampus tersebut, bahwa BPPK adalah tempat bertemunya ilmu, tempat ilmu bertumbuh dan ilmu dibagikan.
    [Show full text]
  • Backlash Against Foreign Investment Regime: Indonesia’S Experience
    Backlash against Foreign Investment Regime: Indonesia’s Experience Herliana A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy University of Washington 2017 Reading Committee: Dongsheng Zang, Chair John O. Haley Melissa Durkee Program Authorized to Offer Degree: School of Law ©Copyright 2017 Herliana ii University of Washington Abstract Backlash against Foreign Investment Regime: Indonesia’s Experience Herliana Chair of the Supervisory Committee: Professor Dongsheng Zang School of Law This study investigates Indonesia’s changing attitude from embracing to repudiating foreign direct investments. Opened its door for foreign investment in the late of 1960s and enjoyed significant economic growth as the result, the country suddenly changed its foreign investment policy in 2012 to be more protectionist towards domestic investors and skeptical towards foreign investors. The essential issues to be discussed in this research are: what motivates Indonesia to move away from global investment regime; what actions the country has taken as manifestation of resentment against the regime; and who are the actors behind such a backlash. This is a qualitative study which aims at gaining a deep understanding of a legal development of Indonesia’s foreign investment. It aims to provide explanation of the current phenomenon taking place in the country. Data were collected through interviews and documents. This research reveals that liberalization of foreign investment law has become the major cause of resentment towards the foreign investment. Liberalization which requires privatization and openness toward foreign capital has failed to deliver welfare to the Indonesian people. Instead, foreign investors have pushed local business players, especially small and medium enterprises, out of the market.
    [Show full text]
  • Kejayaan Negeri Kejayaan Akuntan Profesional Kejayaan Negeri
    KEJAYAAN AKUNTAN PROFESIONAL KEJAYAAN NEGERI KEJAYAAN AKUNTAN PROFESIONAL KEJAYAAN NEGERI KETUA IAI Prof. Soemardjo Tjitrosidojo 1957 - 1963 Lahir: Boyolali, 17 Oktober 1919 Pendidikan: Van Accountants (NIVA) Amsterdam Radius Prawiro Jabatan Terakhir: Anggota BPK 1963 - 1986 Register Akuntan No. A-2 Lahir: Yogyakarta, 29 Juni 1928 Subekti Ismaun Pendidikan: Jurusan Akuntansi FE UI 1986 - 1994 Jabatan Terakhir: MENKOEKUIN Katjep Abdoelkadir Register Akuntan No. D-64 Lahir: Yogyakarta, 14 Mei 1939 1994 Pendidikan: Jurusan Akuntansi FE UI Jabatan Terakhir: Dirut Bapindo Lahir: Pemalang, 1 Februari 1949 Register Akuntan No. D-183 Pendidikan: Jurusan Akuntansi FE UI & Program Doktor di Texas A & M Amerika Jabatan Terakhir: Direktur Universitas Trilogi Register Akuntan No. D-119/RNA 2 4 DARI MASA KE MASA Prof. Mardiasmo 2010 - Sekarang Lahir: Solo, 10 Mei 1958 Pendidikan: Jurusan Akuntansi FE UGM Ahmadi Hadibroto & University of Birmingham UK 2002 - 2010 Jabatan Terakhir: Wamenkeu RI Register Akuntan No. D-2950/RNA 16 Lahir: Medan, 23 Oktober 1949 Zaenal Soedjais Pendidikan: Jurusan Akuntansi FE UI 1998 - 2002 Soedarjono & University of Toledo OHIO USA 1994 - 1998 Lahir: Cirebon, 10 Agustus 1942 Jabatan Terakhir: Board Member IFAC Pendidikan: Jurusan Akuntansi FE UGM Register Akuntan No. D-1828/RNA 10 Lahir: Salatiga, 5 April 1939 & University of Southern California USA Pendidikan: Jurusan Akuntansi FE UI Jabatan Terakhir: Dirut PT. Pusri Jabatan Terakhir: Kepala BPKP Pusat Register Akuntan No. D-383 Register Akuntan No. D-187/RNA 1 ILUSTRASI:
    [Show full text]
  • Proquest Dissertations
    INFORMATION TO USERS This manuscript has been reproduced from the microfilm master. UMI films the text directly from the original or copy submitted. Thus, some thesis and dissertation copies are in typewriter face, while others may be from any type of computer printer. The quality of this reproduction Is dependent upon the quality of the copy submitted. Broken or indistinct print, colored or poor quality illustrations and photographs, print bleedthrough, substandard margins, and improper alignment can adversely affect reproduction. In the unlikely event that the author did not send UMI a complete manuscript and there are missing pages, these will be noted. Also, if unauthorized copyright material had to be removed, a note will indicate the deletion. Oversize materials (e.g., maps, drawings, charts) are reproduced by sectioning the original, beginning at the upper left-hand comer and continuing from left to right in equal sections with small overlaps. Photographs included in the original manuscript have been reproduced xerographically in this copy. Higher quality 6” x 9* black and white photographic prints are available for any photographs or illustrations appearing in this copy for an additional charge. Contact UMI directly to order. Bell & Howell Information and Learning 300 North Zeeb Road, Ann Arbor, Ml 48106-1346 USA 800-521-0600 UMI LIBERALIZING NEW ORDER INDONESIA: IDEAS, EPISTEMIC CCMMÜNITY, AND ECONŒIC POLICY CHANGE, 1986-1992 DISSERTATION Presented in Partial Fulfillment of the Requirements for the Degree Doctor of Philosophy in the Graduate School of The Ohio State University By Rizal Mallarangeng, MA. ***** The Ohio State University 2000 Dissertation Committee: proved by Professor R.
    [Show full text]