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Indonesia's Changing Political Economy - Governing the Roads (Hardcover)
Loot Price: R2,503
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Indonesia's Changing Political Economy - Governing the Roads (Hardcover)
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Indonesia is Southeast Asia's largest economy and freest democracy
yet vested interests and local politics serve as formidable
obstacles to infrastructure reform. In this critical analysis of
the politics inhibiting infrastructure investment, Jamie S.
Davidson utilizes evidence from his research, press reports and
rarely used consultancy studies to challenge mainstream
explanations for low investment rates and the sluggish adoption of
liberalizing reforms. He argues that obstacles have less to do with
weak formal institutions and low fiscal capacities of the state
than with entrenched, rent-seeking interests, misaligned
central-local government relations, and state-society struggles
over land. Using a political-sociological approach, Davidson
demonstrates that 'getting the politics right' matters as much as
getting the prices right or putting the proper institutional
safeguards in place for infrastructure development. This innovative
account and its conclusions will be of interest to students and
scholars of Southeast Asia and policymakers of infrastructure
investment and economic growth.
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