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Peranan "Kepentingan" Dalam Mekanisme Pasar dan Penentuan Kebijakan Ekonomi di Indonesia



Against the popular perception that the New Order economic policymaking was subservient to the interests of capital and oriented towards the market, empirical analysis suggests that economic policymaking of the era was indeed centralistic and state-centered. While capital owners could influence policy directions, their role was fairly limited. Market-based economy, on the other hand, was rarely implemented in full, as deregulation and liberalisation policies undertaken during the period were more results of external pressures instead of an ideological choice. After Soeharto, the relative domination of the state vis-…-vis global capital declined, yet it is still too early to conclude that the domination of the state in policymaking has been taken over by that of global capital.

Suggested Citation

  • Ari A. Perdana, 2001. "Peranan "Kepentingan" Dalam Mekanisme Pasar dan Penentuan Kebijakan Ekonomi di Indonesia," CSIS Economics Working Paper Series WPE061, Centre for Strategic and International Studies, Jakarta, Indonesia.
  • Handle: RePEc:sis:wpecon:wpe061

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    References listed on IDEAS

    1. M. Chatib Basri & Hal Hill, 2004. "Ideas, Interests and Oil Prices: The Political Economy of Trade Reform During Soeharto's Indonesia," The World Economy, Wiley Blackwell, vol. 27(5), pages 633-655, May.
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    Cited by:

    1. Ari Perdana & Deni Friawan, 2007. "Economic Crisis, Institutional Changes and the Effectiveness of Government : the Case of Indonesia," Governance Working Papers 21905, East Asian Bureau of Economic Research.


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