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2017 | OriginalPaper | Buchkapitel

9. Indonesia’s Mining Industry, 1997–2014: An Institutional Assessment

verfasst von : Wahyu Prasetyawan

Erschienen in: Southeast Asia beyond Crises and Traps

Verlag: Springer International Publishing

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Abstract

This chapter argues that the 199798 crisis and Law 4 2009 drastically transformed the distribution of rents from mining resources among the players who include the central and local governments and the foreign companies. The enactment of Law 4 2009 on minerals and coal and its implementing regulations specifically expanded the power of local governments. This law banned the export of raw minerals. A moderate but stagnant economic growth of about 5 per cent in 2014 did not constitute a strong economic basis for a prolonged export restriction of unprocessed minerals. Therefore, the government had to settle with foreign mining companies in the country.

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Fußnoten
1
I wish to thank Arianto Patunru of Australian National University for providing this data.
 
2
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3
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4
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5
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6
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7
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8
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9
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10
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11
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12
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13
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14
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16
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17
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18
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19
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20
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21
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22
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23
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24
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25
‘A Case of Dejavu: Newmont Sues Indonesia over the Mineral Export Ban’. Hukumonline, 1April 2015, http://​en.​hukumonline.​com/​pages/​lt53ce244d801d6/​a-case-of-deja-vu-newmont-sues-indonesia-over-the-mineral-export-ban, downloaded on 1 April 2015.
 
26
‘Tiga alasan kenapa Newmont ogah bangun smelter’ (Three Reasons Newmont Refuses to Build Smelter). Kontan, 19 December 2014.
 
27
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28
‘Newmont Go to Arbitration over Ore Export Ban’. Kontan, 2015, http://​english.​kontan.​co.​id/​news/​newmont-go-to-arbitration-over-ore-export-ban, downloaded on 2 April 2015.
 
29
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30
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31
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32
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Metadaten
Titel
Indonesia’s Mining Industry, 1997–2014: An Institutional Assessment
verfasst von
Wahyu Prasetyawan
Copyright-Jahr
2017
DOI
https://doi.org/10.1007/978-3-319-55038-1_9