An Economic History of Indonesia

An Economic History of Indonesia
Author: Jan Luiten van Zanden
Publisher: Routledge
Total Pages: 289
Release: 2013-05-02
Genre: Business & Economics
ISBN: 1136454608

Based on new datasets, this book presents an economic history of Indonesia. It analyses the causes of stagnation of growth during the colonial and independence period, making use of new theoretical insights from institutional economics and new growth theory. The book looks at the major themes of Indonesian history: colonial exploitation and the successes and limitations of the post 1900 welfare policies, the price of instability after 1945, and the economic miracle after 1967. The book not only discusses economic change and development – or the lack thereof – but also the institutional and socio-political structures that were behind these changes. It also presents a lot of new data on the changing welfare of the Indonesian population, on income distribution, and on the functioning of markets for rice, credit and labour. Concluding with a discussion on whether the poor profited from the economic changes, this book is a useful contribution to Southeast Asian Studies and International Economics.

The Emergence of a National Economy

The Emergence of a National Economy
Author: V.J.H. Houben
Publisher: BRILL
Total Pages: 304
Release: 2021-09-06
Genre: History
ISBN: 9004486453

History matters. At the beginning of a new century and amidst the turmoil of a new democracy, a historical perspective on modern Indonesia is needed more than ever. This innovative economic history connects back to the colonial era and helps to explain why the transition from colonialism to Independence and from the New Order to democracy has been so difficult and sometimes traumatic. The Emergence of a National Economy identitifies three grand themes in this transformation: globalisation, state formation and economic integration. Globalisation affected the Indonesian archipelago even before the arrival of the Dutch—the New Order experience was only the most recent wave. Modern state formation began in Java under Governor-General Daendels (1808-11) and culminated in the centralised, military-bureaucratic state of Soeharto's New Order (1966-98). A national economy emerged gradually from the 1930s as the Outer Islands were reoriented towards an industrialising Java. These three themes link chronological chapters from the pre 1800 period through the modern colonial era to the breakdown of the colonial system after 1930, the birth of modern Indonesia, the remarkable economic transformation under the New Order, and the 'meltdown' during the Asian crisis of 1997/98. This overarching story gives a unity and rythm to Indonesia's modern history, while helping to explain why the future is likely to be different. The four authors—senior scholars from Australia (Howard Dick), Germany (Vincent Houben), the Netherlands (Thomas Lindblad) and Indonesia (Thee Kian Wie)—draw on a very wide range of sources to combine the insights of history, economic history and economics.

The Indonesian Economy in the Nineteenth and Twentieth Centuries

The Indonesian Economy in the Nineteenth and Twentieth Centuries
Author: A. Booth
Publisher: Springer
Total Pages: 394
Release: 1998-03-04
Genre: History
ISBN: 0333994965

Indonesia is now the fourth largest country in the world, but many aspects of its economic history remain poorly understood. This book is the first comprehensive survey of Indonesian economic history in the 19th and 20th centuries, examining both the Dutch colonial era, and the post-independence period. Extensive use is made of recent work by Dutch, Indonesian and Australian scholars to develop a number of key themes relating to economic growth and structural transformation of the Indonesian economy from the early 19th century to the present.

Indonesia's Economy Since Independence

Indonesia's Economy Since Independence
Author: Kian Wie Thee
Publisher: Institute of Southeast Asian Studies
Total Pages: 326
Release: 2012
Genre: Business & Economics
ISBN: 9814379638

This book contains a collection of papers on various aspects of Indonesia's economic and its industrial development. It discusses the early independence period in the 1950s; the Soeharto era (1966-1998); and the ensuing two economic crises, namely the Asian Financial Crisis of 1997/98 and the Global Financial Crisis of 2008.

Realizing Indonesia's Economic Potential

Realizing Indonesia's Economic Potential
Author: Mr.Luis E Breuer
Publisher: International Monetary Fund
Total Pages: 336
Release: 2018-08-01
Genre: Business & Economics
ISBN: 148433714X

Analytical work on Indonesian macroeconomic and financial issues, with an overarching theme on building institutions and policies for prosperity and inclusive growth. The book begins with a 20-year economic overview by former Finance Minister Chatib Basri, with subsequent chapters covering diverse sectors of the economy as well as Indonesia’s place in the global economy.

The Indonesian Economy

The Indonesian Economy
Author: Hal Hill
Publisher: Cambridge University Press
Total Pages: 388
Release: 2000-04-04
Genre: Business & Economics
ISBN: 9780521663670

Few countries have experienced such sharply fluctuating fortunes as Indonesia. This book offers a balanced analysis, evaluation and explanation of Indonesia's economic performance, from 1967. Hal Hill highlights Indonesia's successes during this period - rapid industrialisation, major achievements in the food crop sector and the adoption, from the mid-1980s, of outward-looking policies. He also draws attention to the challenges facing the country, including the rocky path towards economic reform, the large external debt, regional and ethnic disparities, and the need for a transparent and predictable policy environment. In this second edition, an extended postscript takes the story through the dramatic turnaround and political and economic crises since 1997, including the downfall of Soeharto.

Bridges to New Business

Bridges to New Business
Author: J.Th. Lindblad
Publisher: BRILL
Total Pages: 280
Release: 2008-01-01
Genre: History
ISBN: 9004253971

This monograph offers the first comprehensive history of the decolonization of the Indonesian economy, a process with a different momentum and timing from the achievement of political independence. It traces the origins of economic decolonization to the late-colonial period, covers developments during the Japanese occupation and the Indonesian Revolution as well as continued operations by Dutch enterprises in Indonesia during the 1950s. The account culminates with the takeover and nationalization of Dutch private enterprises in the late 1950s. The book is based on research in a wide variety of primary sources. Themes discussed include economic policies, the changing position of Indonesian personnel inside Dutch-owned firms as well as the emergence of new Indonesian entrepreneurship. Published in cooperation with the Netherlands Institute of War Documentation (NIOD), as part of the NIOD research program "Indonesia across Orders".

The Indonesian Economy

The Indonesian Economy
Author: Aris Ananta
Publisher: Institute of Southeast Asian Studies
Total Pages: 455
Release: 2011
Genre: Business & Economics
ISBN: 9814311650

"Indonesia is one of the few countries that came through the global economic crisis in 2008-09 with positive economic growth. Despite some recorded positive domestic economic performances, Indonesia faces new challenges as its economy keeps growing and the global economy remains uncertain. A new economic development paradigm is needed to overcome old problems (poverty and unemployment, inadequate infrastructure, corruption, a complex regulatory environment, and unequal resource distribution among regions) with global market opportunities. This book provides a new perspective on how Indonesian’s economic policies should be developed by considering its past and future challenges." - Firmanzah, Professor of Economics and Dean of Faculty of Economics, University of Indonesia "Aris Ananta, Muljana Soekarni and Sjamsul Arifin gather excellent researchers and practitioners to discuss important economic policy issues for Indonesia today. They discuss monetary and fiscal policies and real economic sector issues based not only on theoretical analysis but also on their day-to-day experience in economic management. By reviewing Indonesia's economic policy reform and subsequent Asian financial crisis and sub-prime loan crisis, the authors present a new economic development paradigm and explore economic strategy and policies for the new era. The book offers many timely lessons from history, as well as the real policy experiences of the authors, and guides readers in exploring economic policies under the globalized world economy. This book is very useful for both practitioners and researchers." - Masaaki Komatsu, Professor of Economics, Hiroshima University

Credit and Debt in Indonesia, 860-1930

Credit and Debt in Indonesia, 860-1930
Author: David Henley
Publisher: Institute of Southeast Asian Studies
Total Pages: 215
Release: 2009
Genre: History
ISBN: 9812308466

Credit and debt are practical concerns of all times and places. They are also increasingly important topics in economic history and the social sciences, from Marcel Mauss and the anthropology of the gift to the urgent quest for understanding of today's global credit crunch. This volume brings together eight essays on credit and debt in the history of Indonesia, where for centuries debt and debt bondage played central roles in the organization of society, and where efforts to combat 'usury' and free peasants from indebtedness were central to the ethical and nationalist movements of the late colonial period. Topics range from the inscriptions of ninth-century Java to the first global financial crisis in 1930, and from Islamic laws against the charging of interest to the role of Chinese temples and Dutch church charities as credit providers. The history of credit and debt in Indonesia is examined from a wide variety of perspectives - legal, institutional, and cultural as well as economic. Attention is paid to parallels and contrasts with more recent developments, including the Asian financial crisis of 1997 and Indonesia's rise to fame as a pioneer of the current global microfinance revolution.

The Indonesian Economy in Transition

The Indonesian Economy in Transition
Author: Hal Hill
Publisher: ISEAS-Yusof Ishak Institute
Total Pages: 472
Release: 2019-03-06
Genre: Business & Economics
ISBN: 9814843067

By any indicator, Indonesia, the fourth most populous nation on earth, is a development success story. Yet 20 years after a deep economic and political crisis, it is still in some respects an economy in transition. The country recovered from the 1997–98 crisis and navigated the path from authoritarian to democratic rule surprisingly quickly and smoothly. It survived the 2008–09 global financial crisis and the end of the China-driven commodity super boom in 2014 with little difficulty. It is now embarking on its fifth round of credible national elections in the democratic era. It is in the process of graduating to the upper middle-income ranks. But, as the 25 contributors to this comprehensive and compelling volume document, Indonesia also faces many daunting challenges — how to achieve faster economic growth along with more attention to environment sustainability, how to achieve more equitable development outcomes, how to develop and nurture stronger institutional foundations, and much else. “This is a timely and much-needed book. There are very few recent books on Indonesia with such a comprehensive analysis of not just mainstream economic policies, but also most importantly the key issues of human capital, inequality, social welfare, labour, food security and natural resource management. This book will not only be crucial for policy discourse but for all stakeholders who care about Indonesia making the transition not only to a high-income economy, but an inclusive one.” — Mari Pangestu, Faculty of Economics and Business, University of Indonesia “The Indonesian Economy in Transition: Policy Challenges in the Jokowi Era and Beyond is one of the most important books that discusses the Indonesian economy post–Asian Financial Crisis. A must-read for anyone who wants to understand contemporary Indonesian economy.” — M. Chatib Basri, former Minister of Finance of Indonesia