Bridges to new business : the economic decolonization of Indonesia

This monograph offers the first comprehensive history of the decolonization of the Indonesian economy, a process with a different momentum and timing from the achievement of political independence. It traces the origins of economic decolonization to the late-colonial period, covers developments during the Japanese occupation and the Indonesian Revolution as well as continued operations by Dutch enterprises in Indonesia during the 1950s. The account culminates with the takeover and nationalization of Dutch private enterprises in the late 1950s BRIDGES TO NEW BUSINESS Copyright Contents Preface Abbreviations Chapter IIntroduction Key concepts International dimension Historiography Outline Sources Chapter IIFrom colonial to national economy The plural economy Seeds of transition Early Indonesianisasi Post-colonial trends Chapter IIIOccupation and revolution Nipponization Pioneering with Japanese consent Indonesians struggling to survive Dutch struggling to return Chapter IVA new dawn in business Industrialization Banking in a state of flux Small-scale entrepreneurship Indigenous conglomerates Chinese conglomerates Chapter VVoluntary nationalization A symbol of sovereignty Flying the national flag More state involvement Chapter VIEconomic nationalism Conflicting priorities The policy that backfired Auxiliary policies Squeezing the Chinese Chapter VIIIndonesianisasi Changing conditions Dutch corporate adjustment The record of oligopolists Achievements under pressure A comparative perspective Chapter VIIITake-over and nationalization The road to take-over Running somebody else’s business Under new ownership Konfrontasi Final settlement Chapter IXConclusion Appendices Appendix 1. Cabinets and political parties, 1945-1959 Appendix 2. Foreign trade, 1940-1960 Appendix 3. Exchange rates, 1950-1960 (Rp./$) Appendix 4. Labour conflicts, 1950-1957 Bibliography Index