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The Indonesian Economy from the Colonial Extraction Period until the Post-New Order Period: A Review of Thee Kian Wie’s Major Works

Author

Listed:
  • Maria Monica Wihardja
  • Siwage Dharma Negara

    (World Bank Office Jakarta, Indonesian Institute of Sciences (LIPI))

Abstract

This paper reviews some major works of Thee Kian Wie, one of Indonesia’s most distinguished economic historians, that spans from the Colonial period until the post-New Order period. His works emphasize that economic history can guide future economic policy. Current problems in Indonesia were resulted from past policy failures. Indonesia needs to consistently embark on open economic policies, free itself from "colonial period mentality". Investment should be made in rebuilding crumbling infrastructure, improving the quality of health and education services, and addressing poor law enforcement. If current corruption persists, Indonesia could not hope to become a dynamic and prosperous country.

Suggested Citation

  • Maria Monica Wihardja & Siwage Dharma Negara, 2015. "The Indonesian Economy from the Colonial Extraction Period until the Post-New Order Period: A Review of Thee Kian Wie’s Major Works," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 61, pages 41-52, August.
    • Handle: RePEc:lpe:efijnl:201503
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    References listed on IDEAS

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    1. Hal Hill & Siwage Dharma Negara & Maria Monica Wihardja, 2014. "In Memoriam: Thee Kian Wie: Dedicated Scholar and Public Intellectual," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 50(2), pages 277-287, August.
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      More about this item

      Keywords

      Economic History; Colonial Period; Industrialization; Thee Kian Wie;
      All these keywords.

      JEL classification:

      • N55 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Asia including Middle East
      • N65 - Economic History - - Manufacturing and Construction - - - Asia including Middle East

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