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Chinese Big Business in Indonesia

Christian Chua · ISBN 9780415574242
Chinese Big Business in Indonesia | Zookal Textbooks | Zookal Textbooks
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Publisher Taylor and Francis
Author(s) Christian Chua
Subtitle The State of Capital
Published 19th October 2009
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The State of Capital


The disintegration of Indonesia's New Order regime in 1998 and the fall of


Soeharto put an end to the crude forms of centralised authoritarianism and


economic protectionism that allowed large Chinese conglomerates to dom-


inate Indonesia's private sector. Contrary to all expectations, most of the


major capitalist groups, though damaged considerably by the Asian Crisis,


managed to cope with the ensuing monumental political and economic


changes, and now thrive again albeit within a new democratic environment.


In this book Christian Chua assesses the state of capital before, during,


and after the financial and political crisis of 1997/1998 and analyses the


changing relationships between business and the state in Indonesia. Using a


distinct perspective that combines cultural and structural approaches on


Chinese big business with exclusive material derived from interviews with


some of Indonesia’s major business leaders, Chua identifies the strategies


employed by tycoons to adapt their corporations to the post-authoritarian


regime and provides a unique insight into how state-business relationships


in Indonesia have evolved since the crisis.


Chinese Big Business in Indonesia is the first major analysis of capital in


Indonesia since the fall of Soeharto, and will be of interest to graduate


students and scholars of political economy, political sociology, economics


and business administration as well as to practitioners having to do with


Southeast Asian business and politics.


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