Business in Indonesia
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- Publisher:
- ISEAS–Yusof Ishak Institute
- Publication date:
- 21 October 2015
- 12 May 2004
- ISBN:
- 9789812305398
- 9789812302489
- 9789812302472
- Dimensions:
- Weight & Pages:
- 00kg,
- Dimensions:
- Weight & Pages:
- 00kg,
- Subjects:
- Economics, Economics: General Interest
- Series:
- Books and Monographs
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- Economics, Economics: General Interest
- Series:
- Books and Monographs
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Book description
This book examines Indonesia's business environment since reformasi began in 1985 -- what stayed the same, what changed, and would could change. Economic recovery has been hesitant. Regime change and political reform have created uncertainties that have deepened reluctance to invest. A raft of government-instigated changes have left their imprint: decentralization, privatization, new company legislation, anti-corruption efforts, nationalization of debt-ridden banks, and firms being forced into receivership. More cautious lending practices by remaining financial institutions have imposed a credit crunch. Increased worker militancy and minimum wage rises have led some international firms to reconsider their presence in Indonesia. Changes in the business environment have caused a redefinition of private enterprise-government relations, inducing firms to re-examine their organization and management. The book includes insights of distinguished and stimulating speakers from business, independent research organizations, and academic institutions in Indonesia, Australia and elsewhere.
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