The disintegration of Indonesia's New Order regime in 1998 and the fall of Soeharto put an end to the crude forms of centralised authoritarianism and economic protectionism that allowed large Chinese conglomerates to dom- inate Indonesia's private sector. Contrary to all expectations, most of the major capitalist groups, though damaged considerably by the Asian Crisis, managed to cope with the ensuing monumental political and economic changes, and now thrive again albeit within a new democratic environment. In this book Christian Chua assesses the state of capital before, during, and after the financial and political crisis of 1997/1998 and analyses the changing relationships between business and the state in Indonesia. Using a distinct perspective that combines cultural and structural approaches on Chinese big business with exclusive material derived from interviews with some of Indonesia’s major business leaders, Chua identifies the strategies employed by tycoons to adapt their corporations to the post-authoritarian regime and provides a unique insight into how state-business relationships in Indonesia have evolved since the crisis. Chinese Big Business in Indonesia is the first major analysis of capital in Indonesia since the fall of Soeharto, and will be of interest to graduate students and scholars of political economy, political sociology, economics and business administration as well as to practitioners having to do with Southeast Asian business and politics.
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This book examines the political economy of Chinese big business in Indonesia. It assesses the state of capital before, during and since the financial and political crisis of 1997 and provides unique insights into how the state-business relationships have evolved since the fall of Soeharto.
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1. Introduction: Capital and the State 2. Theoretical Framework: Power Configurations of State and Capital 3. Limited Capitalists: Chinese Big Business and the State Before 1998 4. Capital in Crisis: The Conglomerates and the End of the New Order 5. Capital’s Reaction: The Survival of the Conglomerates 6. Capital Unlimited: Towards a New Accommodation 7. Conclusion: The State of Capital
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'The text addresses an important topic during a critical period of Indonesian history. Scholars of political economy will undoubtedly appreciate Chua's broad knowledge of business relations while scholars of ethnicity will enjoy his careful attention to the dilemmas of the Chinese-Indonesian community. On the whole, Chinese Big Business in Indonesia: The State of Captial is a good first book by a newly minted scholar of Indonesia.' - Jeremy Menchik, Journal of Contemporary Asia, Vol. 40, No. 2 (2010)‘Altogether it is an excellent piece of research on Indonesia.’ – Gerhard Kraft, ASEAS, 2010
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Produktdetaljer

ISBN
9780415574242
Publisert
2009-10-19
Utgiver
Vendor
Routledge
Vekt
360 gr
Høyde
234 mm
Bredde
156 mm
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
196

Forfatter

Om bidragsyterne

Christian Chua works for Deutsche Bank, Germany, and lectures at the Humboldt University Berlin and the University of Frankfurt.