Economic Change in Modern Indonesia: Colonial and Post-colonial Comparisons

Amazon.com Price: $25.79 (as of 11/10/2019 12:21 PST- Details)

Categories: Asia, Books, Business and Money, Comparative, Development and Growth, Economic Conditions, Economic History, Economics, History, Southeast Asia, Subjects

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Indonesia is frequently viewed as a country with substantial natural resources which has achieved solid economic growth for the reason that 1960s, but which still faces serious economic challenges. In 2010, its per capita GDP was once only nineteen per cent of that of the Netherlands, and twenty-two per cent of that of Japan. In latest decades, per capita GDP has fallen in the back of that of neighbouring countries such as Malaysia and Thailand, and in the back of China. On this accessible but thorough new study, Anne Booth explains the long-term factors which have influenced Indonesian economic performance, making an allowance for the Dutch colonial legacy and the reaction to it after the transfer of power in 1949. The first a part of the book offers a chronological study of economic development from the late nineteenth to the early twenty-first century, whilst the second one part explores topics including the persistence of economic nationalism and the ongoing tensions between Indonesia’s diverse regions.

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