This website uses cookies to ensure you have the best experience. Learn more

Indonesia's Economy: Socio Political Challenges In The New Order

1821 words - 7 pages

Socio-political challenges post- New Order
Suharto’s New Order regime was blatantly corrupt and filled with nepotism, this mixed with the aftermath of the Asian Financial Crisis left a legacy of socio-political challenges for subsequent reformasi governments. These challenges include the legacy of authoritarianism, corruption, depoliticised civil society, a powerful military and an inefficient judiciary and government. (Pohlman) The different reformasi governments failed to comprehensively resolve these challenges, leaving Indonesia riddled in uncertainty, and thus leading to its economic sluggishness.
ALL NEW RESEIMES ARE HARD TO IMPLIMENT SO MAY OF CONTRIBUTED TO THE ECONOMIC CLIMATE -
Government & Business
The post- New Order regimes have had to try and manage the aftermath of the Asian Financial Crisis (AFC), while simultaneously dealing with the repercussions of the Suharto regime. An area that this greatly impacted was the Indonesian business sector, which was struggling between the flight of the capital during the AFC, the IMF regulations and changes, and its corrupt business culture. Ultimately the new governments failed to properly address these issues creating an uncertain business and economic environment. The New Order regime left a lasting legacy of cronyism and nepotism, this opaque culture managed to survive the transition to democracy as it served both the political and business elite. The private sectors gains have often come at the expense of public welfare and the elite have used their political influence to block threatening reforms and to protect their interests. (Hamilton- Hart)
The Indonesian government has consistently failed to address certain concerns of international businesses and as a result has stifled the foreign investment that it needs in order to elicit strong economic growth. These concerns include excessive bureaucratic red tape, problematic taxation system, instability, corruption and the major problem of uncertainty regarding the ad-hoc implementation of laws and regulations. (Davidson) These factors served to detract foreign investment and made Indonesia one of harder places to conduct business. (Asia Monitor) Hamilton-Hart argues that progress can only be made once bureaucratic and governmental agencies are disciplined, accountable and there is a ‘pressing political imperative for rapid economic growth,’ conditions that are currently not present in Indonesia.
Government & Judiciary
Post- New Order governments failed to install ‘mechanisms of accountability’ in Indonesia’s business and judicial cultures and the unreliable enforcement of rules and regulations made Indonesia a risk for foreign investors. Indonesia’s Supreme Court is notoriously corrupt and through a series of high profile cases undermined the confidence of international and domestic investors. These cases involved bankruptcy, the seizure of assets and questionable rulings regarding asset distribution, showing the direction that the...

Find Another Essay On Indonesia's Economy: Socio-Political Challenges in the New Order

Whats New In The New Economy

556 words - 2 pages pay.The way the economy runs is the way our lives run. Technology is sprouting growth so fast that older assumptions on inflation productivity and profits etc. no longer hold. The new economy's jobs are making themselves more flexible to the working parents who. Companies are flexing hours and days in order to accompany the kids and their parents. The new economy is also drastically fixing problems, which involve neglect from the children of working

The Political Economy in International Trade

885 words - 4 pages The Political Economy in International trade focuses on understanding the many causes of economic growth in developing and transition economies, the different role of international trade in increasing economic welfare around the globe, and the many different impacts of the international financial system on the global economy. As we take a look at the United States and Poland different economic systems and understand how these two countries are

Current socio-political conditions in Ukraine

680 words - 3 pages In the current socio-political conditions of crisis, which has been acutely taking place in Ukraine in recent months, real citizens' ability to effectively implement the rights and freedoms are declared by the state takes on special significance. As we know, there are several levels of providing of the rights and freedoms: political, socio-economic and legal. The last is the normative basis in the process of the citizens' rights implementation

Haven The New Order

3309 words - 14 pages . “What’s going on?” cried Sean, my little brother. “Nothing just follow Mel, I’ll be down in a couple of minutes. Help her keep the younger kids quiet.” “Okay, I’ll help her, be safe.” As the van crept closer I recognized the seal of the New Order, the group that took down our government and started running the country. The seal has become one of the most easily recognizable emblems, it’s a lit torch surrounded by thirteen stars. Underneath the

The New International Economic Order

1265 words - 5 pages The New International Economic Order In the early 1960's the economic gap separating the first world from the third or other world began to explode. With the industrialized states controlling more than 3/4ths of the global economy the disadvantage facing the third world could easily be seen. Third world countries lacked the start-up capital, the education, and the technology to compete with the first world. In the early 1970's the United

Building the New European Order

1899 words - 8 pages Building the New European Order When World War II ended the final remnants of the old European order lay in ruins. With such devastation wrought upon the continent twice in less than fifty years, it was remarkable that Europe managed to recover. What is even more remarkable is the Phoenix that rose from these ashes, and the new feelings of unity that accompanied the ending of the war. Those nations of western Europe began to do what

The New International Economic Order

1029 words - 4 pages The New International Economic Order The gap between the rich and the poor is growing more and more every day. Something has got to be done to solve this issue. In 1974 members of the Third World gathered together at the United Nations. Their purpose was to find the answers to solve the gap between the rich and the poor. A total of seventy-seven members proposed the NIEO, hoping this might solve the gap. The NIEO stands for the New

Regulating Same Sex Marriages In Kenya & Its Socio – Political Impact

1634 words - 7 pages the outside world, where some countries were in a bid to block financial aid to support some socio-economic projects (Karimi & Thompson, 2014). For example the White House sent a statement in retaliation to the Museveni’s act citing that the president had taken the country step back because it disregarded the freedom, equality and justice amongst its people (Karimi & Thompson, 2014). This signifies that the west are against criminalization of

What challenges must Holden overcome in order to reconnect to the world?

813 words - 3 pages What challenges must Holden overcome in order to reconnect to the world?In J.D. Salinger's novel, "The Catcher in the Rye", the main character, Holden Caulfield, faces many challenges such as acceptance of death, growing up, and his own self-destructiveness. Because of this, it is extremely difficult for Holden to form healthy relationships and make friends due to his negative outlook on life, and he often isolates himself. In order to reconnect

Discuss the concept of Digital Activism and the socio-political role of the individual in today’s Postmodern Global Village

1214 words - 5 pages be done anonymously meaning the identity of the initiator can be left a mystery (Howard, P., 20 November 2013, Report on digital activism and non-violent conflict, viewed 14 April 2014, from http://digital-activism.org/2013/11/report-on-digital-activism-and-non-violent-conflict/). The top technological tools used to initiate Digital Activism are listed below in respective order: Social Network - Brands such as Facebook are used as the primary

The Concept Of Digital Activism and the Socio-Political Role of an Individual in today's Postmodern Global Village

1370 words - 6 pages influence on people as they can either make or break laws in order for everyone to develop a voice. It enables the majority of the population to become involved as it creates a sense of normality which is defined by the majority of the population. The concept digital activism and the socio-political role of an individual today have a major impact on our world. Individuals now have access to the “uncontrollable” internet which enables them to

Similar Essays

International Political Economy Essay – China And The New Economic Order

2989 words - 12 pages particular outcome in China, but we must have an open mindin terms ofseeing where itisgoing. Giovanni Arrighi 2009, 84 If the political economy of communication as an academicfield counts the 'blind spot" debate, initiated by Dallas Smythe, as one of the deftning moments in its development, political economyofcommunication as apraxis witnessed a histori- cal encounter of an entirely different nature and magnitude, also initiated by Dallas Smythe, in an

To What Extent Does Modern Technology Pose New Challenges For The Police In Balancing Liberty And Order Concerns

2835 words - 11 pages and intimidation in firearms crime, binge drinking by people especially the young the increase in ease of access for youngsters to obtain drink and the subsequent increase in alcohol-related disorder. These changing and evolving patterns require new and different wholesale approaches to the old policing method. The use of partners is imperative if the police service want to respond seriously to the challenges facing them.The advancement of

'the End Of The Cold War Gave New Political And Security Dimensions To Eu/Us Relations, Demonstrated Particularly In Their Approaches To European Order.' Why, And How?

2176 words - 9 pages 'The end of the Cold War gave new political and security dimensions to EU/US relations, demonstrated particularly in their approaches to European order.' Why, and how?The ending of predominant Cold War hostilities between the Western world and the Former Soviet Union at the end of the 1980's significantly affected EU and US relations. The transatlantic framework, which had been developing between these two entities over the last forty years

Socio Political Themes In The Smurfs Essay

2792 words - 11 pages 1.) Introduction:This is a discursive analysis of the television programme The Smurfs, created by Peyo, and first aired during the greater part of the eighties. In other words, it is an analysis of some of the socio-political themes I have noticed in the show.?#060;/FONT>The Smurfs is a unique programme. It is, first and foremost, a cartoon, and as such it is aimed at children. The discussion could end there, however, unlike many other