2010
DOI: 10.1080/00220380903318087
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Industrialisation after a Deep Economic Crisis: Indonesia

Abstract: Indonesia experienced a deep economic contraction as a result of the 1997-1998 Asian crisis. This paper develops an analytical framework that facilitates an examination of trends and patterns in the country's industrial sector in the wake of the crisis, and explains why it appears to be on a lower growth trajectory. We particularly focus on why industrialisation has become less employment elastic; why industrial exports have performed indifferently; and why the process of small firms 'graduating' to larger uni… Show more

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Cited by 39 publications
(29 citation statements)
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“…From 2000 to 2005, average growth was just at 4.5%, considerably lower than the pre-crisis average of 7.3% from 1990 to 1996. Performance varied across sectors, but the slowdown was even more pronounced in manufacturing, where output since 2000 had been growing at little more than half the pre-crisis rate (Aswicahyono et al 2010). Indonesia was hit relatively harder that other Asian economies for a number of reasons.…”
Section: Bmentioning
confidence: 99%
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“…From 2000 to 2005, average growth was just at 4.5%, considerably lower than the pre-crisis average of 7.3% from 1990 to 1996. Performance varied across sectors, but the slowdown was even more pronounced in manufacturing, where output since 2000 had been growing at little more than half the pre-crisis rate (Aswicahyono et al 2010). Indonesia was hit relatively harder that other Asian economies for a number of reasons.…”
Section: Bmentioning
confidence: 99%
“…The Indonesian economy had more or less stagnated since its independence in 1945. Until the mid1960s, the process of modern industrialization had barely commenced in Indonesia (Aswicahyono et al 2010, Rock 2003. By 1965, the economy was described to be in shambles.…”
Section: B Trade Profilementioning
confidence: 99%
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“…Since in the middle of 1960s, Indonesia has adopted an industrialization policy and positioned the manufacturing industry as being the most important sector for the Indonesian economics (Aswicahyono et al, 2010). However, the high concentration of manufacturing firms in Java Island characterized Java Island as a dominant province, and they remain a concern with regard to economic disparity.…”
Section: Introductionmentioning
confidence: 99%