IDEAS home Printed from https://ideas.repec.org/a/taf/bindes/v47y2011i2p195-219.html
   My bibliography  Save this article

Indonesia's Investment Negative List: an evaluation for selected services sectors

Author

Listed:
  • Stephen Magiera

Abstract

In March 2007, Indonesia's parliament approved a landmark new law on investment. Law 25/2007 replaces separate laws on foreign and domestic investment from 1967 and 1968, and provides a single legislative framework for domestic and foreign investment. The law states that all business sectors are open to investment, including foreign investment, unless specified in a presidential regulation containing Indonesia's Investment Negative List (DNI). This paper summarises the results of four sector studies undertaken to review implementation of the investment law. The purpose of the DNI is to provide certainty to investors by documenting restrictions in a single list, thereby eliminating the power of ministries to set their own rules. This paper finds that, in practice, considerable uncertainty remains, arising particularly from the law's implementing regulations. Furthermore, new ministerial decrees and laws appear to bypass the list and may reflect a trend towards greater restriction of foreign investment in Indonesia.

Suggested Citation

  • Stephen Magiera, 2011. "Indonesia's Investment Negative List: an evaluation for selected services sectors," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 47(2), pages 195-219.
    • Handle: RePEc:taf:bindes:v:47:y:2011:i:2:p:195-219
    DOI: 10.1080/00074918.2011.585947
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00074918.2011.585947
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00074918.2011.585947?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shiro Armstrong & Sjamsu Rahardja, 2014. "Survey of Recent Developments," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 50(1), pages 3-28, April.
    2. Zdeněk Šulc & Hana Řezanková, 2014. "Evaluation of Selected Approaches to Clustering Categorical Variables," Statistics in Transition new series, Główny Urząd Statystyczny (Polska), vol. 15(4), pages 591-610, September.
    3. Victor Duggan & Sjamsu Rahardja & Gonzalo J. Varela, 2015. "Revealing the Impact of Relaxing Service Sector FDI Restrictions on Productivity in Indonesian Manufacturing," World Bank Publications - Reports 23511, The World Bank Group.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:bindes:v:47:y:2011:i:2:p:195-219. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CBIE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.