The Indonesian Economy in Transition: Policy Challenges in the Jokowi Era and Beyond

The Indonesian Economy in Transition

Policy Challenges in the Jokowi Era and Beyond

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Edited by Hal Hill, Siwage Dharma Negara

Publisher:: ISEAS–Yusof Ishak Institute
Online publication date:: May 2019
Print publication year:: 2019
Online ISBN:: 9789814843102

Subjects:: Area Studies, Asian Studies, South-East Asian Government, Politics and Policy, Politics and International Relations
Series:: Books and Monographs

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By any indicator, Indonesia, the fourth most populous nation on earth, is a development success story. Yet 20 years after a deep economic and political crisis, it is still in some respects an economy in transition. The country recovered from the 1997-98 crisis and navigated the path from authoritarian to democratic rule surprisingly quickly and smoothly. It survived the 2008-09 global financial crisis and the end of the China-driven commodity super boom in 2014 with little difficulty. It is now embarking on its fifth round of credible national elections in the democratic era. It is in the process of graduating to the upper middle-income ranks. But, as the 25 contributors to this comprehensive and compelling volume document, Indonesia also faces many daunting challenges -- how to achieve faster economic growth along with more attention to environment sustainability, how to achieve more equitable development outcomes, how to develop and nurture stronger institutional foundations, and much else.

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The Indonesian Economy in Transition

Policy Challenges in the Jokowi Era and Beyond

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Frontmatter
pp i-iv

Contents
pp v-vi

Foreword: Lessons for Indonesia from East Asia
pp vii-xiii

Acknowledgements
pp xiv-xiv

About the Contributors
pp xv-xvii

1 - Setting the Scene: The Indonesian Economy in Transition — the Jokowi Era and Beyond
pp 1-33

2 - A New Developmentalism in Indonesia?
pp 34-56

3 - Macroeconomic Management: Success and Challenges
pp 57-86

4 - Continuity or Change? Indonesia's Intergovernmental Fiscal Transfer System under Jokowi
pp 87-120

5 - How Well Is Indonesia's Financial System Working?
pp 121-148

6 - Rising Economic Nationalism in Indonesia
pp 149-179

7 - Trends in the Manufacturing Sector under the Jokowi Presidency: Legacies of Past Administrations
pp 180-208

8 - Indonesia's Services Sector: Performance, Policies and Challenges
pp 209-238

9 - Infrastructure Development under the Jokowi Administration: Progress, Challenges and Policies
pp 239-265

10 - Education in Indonesia: A White Elephant?
pp 266-288

11 - Labour Market Developments in the Jokowi Years’
pp 289-317

12 - Cards for the Poor and Funds for Villages: Jokowi's Initiatives to Reduce Poverty and Inequality
pp 318-361

13 - Distributional Politics and Social Protection in Indonesia: Dilemma of Layering, Nesting and Social Fit in Jokowi's Poverty Policy
pp 362-384

14 - Has Indonesian Food Policy Failed?
pp 385-413

15 - Illegal Fishing War: An Environmental Policy during the Jokowi Era?
pp 414-440

Index
pp 441-452

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The Indonesian Economy in Transition

Policy Challenges in the Jokowi Era and Beyond

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