Private Power in Indonesia
Bibliographic Data
| ID | 8416149 |
|---|---|
| Authors | Louis T Wells (Harvard University, corresponding author) |
| Year | 2007 |
| Volume | 43 |
| Issue | 3 |
| Pages | 341-364 |
| Publication date | 2007-12-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Bulletin of Indonesian Economic Studies (JOURNAL) |
| Journal identifiers | ISSN: 0007-4918 • E-ISSN: 1472-7234 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00074910701727605 |
| OpenAlex | W1968935180 |
| Language | EN |
| Citations received | 8 |
| References cited | 3 |
The Asian currency crisis led to the collapse of agreements that Indonesia had negotiated for private electric power only a few years earlier. The ensuing struggle with investors created bad publicity and cost the country several hundred million dollars. As Indonesia in 2007 was designing a new law that would pass the constitutional test and encourage private investors in electric power, it was not clear that officials had fully understood the lessons of the earlier disputes. The original problems lay less in the legal framework than in lack of information about deals elsewhere, in the personal interests of highly placed individuals, and in the institutional structure and procedures for negotiations. The resulting power purchase agreements produced high electricity prices, imbalanced allocation of risks and rewards, and unwillingness to use the most effective defences when disputes arose. Learning from the past should help officials avoid similar mistakes in the future
Business · Currency · Economics · Electricity · Market economy · Monetary economics · Negotiation · Political science · Power (physics) · Publicity · Asian Studies and History · Engineering · Law · Marketing
The spectre of de-assetization
Economic Change in Modern Indonesia
Assessing the implications of imported electricity equipment in Indonesia
The politics of public–private partnerships
Powering a Modern Life? Residents’ Experiences of the Electricity Supply in Tanjung Pinang
Foreign direct investment and growth in East Asia
Infrastructure Policy in Indonesia, 1965–2015
The Regulatory State in Developing Countries
| Unique citing works | 8 |
|---|---|
| Citations per year | 0,53 |
| Citation span | 2011 - 2026 (16) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 5 |