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Rationality of Bakrie Group in Indonesian Economic History

Financial Liberalization and Political Protection

Bibliographic Data

ID12042504
AuthorsTetsu Konishi (Center for Southeast Asian Studies, Kyoto University, corresponding author)
Year2016
Volume54
Issue1
Pages67-92
Publication date2016-01-01
Open AccessYes
TypeARTICLE
VenueTōnan Ajia Kenkyū/Tonan ajia kenkyu (JOURNAL)
Journal identifiersISSN: 0563-8682 • E-ISSN: 2424-1377
PublisherCenter for Southeast Asian Studies, Kyoto University (PUBLISHER)
DOI10.20495/tak.54.1_67
OpenAlexW7133559845
LanguageEN
References cited8

This article aims to analyze transformations in Indonesias Bakrie Group amid the political and economic changes of the Soeharto era.The indigenous, or Pribumi, group, which has been influential in the political economy of post-Soeharto Indonesia, was nurtured by the political protection of nationalistic bureaucrats since its foundation in 1942.However, with the financial liberalization from the mid-1980s, the Bakrie Group shifted its funding to rely on the domestic stock market.And when Soehartos children emerged on the Indonesian business scene in the 1990s, political ties to the presidential family became much more important for the Bakrie family.These developments within the Bakrie Group decisively characterize its corporate structure and behavior even in the post-Soeharto era

Group (periodic table · Indonesian · Order (exchange · Rationality · Asian Studies and History · Cultural and Religious Practices in Indonesia · World Systems and Global Transformations

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Highly citedNo

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