Deregulation and Development in Indonesia

By Farrukh Iqbal; William E. James | Go to book overview

Index

a
AFTA (ASEAN Free Trade Area), 158-169 ;
effect on GDP and exports, 163
APEC (Asia Pacific Economic Cooperation), 157-169 ;
CGE model, 165-170 ;
effect on GDP and exports, 163
APKINDO (Indonesian Plywood Association), 193
ASEAN (Association of South East Asian Nations), 158-169
ASKINDO (Indonesian Cocoa Association), 118

b
Balanced budget policy, 31
Bank Bali, 193
Bank Indonesia, 195-197
Bank of International Settlements, 34
Banking sector restructuring, 197-198
BKPM (Board of Investment), 39 , 53
Bogor Agreement, 157
BPS (Bureau of Statistics), 91
Bugis, 116
BULOG (Bureau of Logistics), 32 , 120 , 125-134 , 143-155 ;
post-1997 crisis, 193

c
Capital account deregulation: Indonesian experience, 30-31 ;
sequencing, 27-28
Cement:
distribution quotas, 136 ;
economies of scale in production, 138 ;
ex-factory pricing, 139 ;
guiding prices, 136 ;
production licensing system, 141
Cocoa:
causes of rapid output growth, 13 , 116 ;
“hands off” policy regime, 13 ;
marketing boards, 117-119 ;
marketing in Indonesia, 117-120 ;
pod-borer disease, 116
Competition:
Law of 1999, 199 ;
restrictions in Indonesia, 98-99
Concentration:
and deregulation, 102 ;
and export shares, 102 ;
ratios in manufacturing sector, 101
Crisis of 1997, 191-193 ;
role of unorthodox sequencing in, 7 , 191-193

d
Deregulation:
effect on exports, 87-88 ;
effect on firms by size, 97 ;
effect on manufacturing sector, 92-97
Devaluation of Rupiah:
during 1983-1986, 2 ;
during 1997 crisis, 190
Domestic content requirements, for soymeal, 126
DSP (Daftar Skala Prioritas or “Priority List of Investments”), 47
Dutch Disease, 1
Duty drawback system, 2

e
East Asian Miracle, 8-10
Economic reforms:
role of credibility, 30 , 38 ;
role of government commitment, 38 ;
role of leadership, 30 ;
role of macroeconomic management, 38 ;
post-1997 crisis, 189-202
Exchange rate management, 29
Exports:
bans, 32 ;
changes in composition, 72 ;
determinants of demand and supply, 79-80 ;
growth, 72 ;
income elasticity of demand, 73 ;
labor intensive, 108 ;
price elasticity of demand, 73 ;
resource intensive, 108

f
Female workers:
employment growth, 111-112 ;
earnings, 112
Financial Sector Policy Committee, 198
Financial sector reform, 3
Foreign direct investment: comparison with domestic firms, 58 ;
definition of, 45 ;
and employment in Indonesia, 12-13;
and Indonesian exports, 56 , 96 ;
and NIEs, 55 , 109 , 110 ;
priority list, 34 , 47 ;
and total factor productivity;
and wages, 19

g
GATT (General Agreement on Trade and Tariffs), 160
Gradualism, 5

-205-

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