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De-industrialization, re-industrialization, and the resurgence of state capitalism: The case of Indonesia

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  • Kyunghoon Kim
  • Andy Sumner

Abstract

Discussions on the developing world's industrial policies have largely neglected the role of state-owned entities. This paper argues that the resurgence of state capitalism has been, in part, the response of developing countries to the recent pattern of structural transformation involving weak manufacturing.

Suggested Citation

  • Kyunghoon Kim & Andy Sumner, 2019. "De-industrialization, re-industrialization, and the resurgence of state capitalism: The case of Indonesia," WIDER Working Paper Series wp-2019-87, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2019-87
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    References listed on IDEAS

    as
    1. Antonio Andreoni & Ha-Joon Chang, 2016. "Industrial policy and the future of manufacturing," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(4), pages 491-502, December.
    2. Alhashel, Bader, 2015. "Sovereign Wealth Funds: A literature review," Journal of Economics and Business, Elsevier, vol. 78(C), pages 1-13.
    3. M. Chatib Basri, 2017. "India and Indonesia: Lessons Learned from the 2013 Taper Tantrum," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 53(2), pages 137-160, May.
    4. Aswicahyono, Haryo & Narjok, Dionisius, 2011. "Indonesian Industrialization," WIDER Working Paper Series 053, World Institute for Development Economic Research (UNU-WIDER).
    5. Szirmai, Adam & Naude, Wim & Alcorta, Ludovico (ed.), 2013. "Pathways to Industrialization in the Twenty-First Century: New Challenges and Emerging Paradigms," OUP Catalogue, Oxford University Press, number 9780199667857.
    6. Andreoni, Antonio & Chang, Ha-Joon, 2019. "The political economy of industrial policy: Structural interdependencies, policy alignment and conflict management," Structural Change and Economic Dynamics, Elsevier, vol. 48(C), pages 136-150.
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    Keywords

    Industrialization; Industrial policy; Infrastructure; State-owned enterprises; Indonesia;
    All these keywords.

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