RESOURCE NATIONALISM IN INDONESIA : booms, big business, and the state

**In** **__Resource Nationalism in Indonesia__****, Eve Warburton traces nationalist policy trajectories in Indonesia back to the preferences of big local business interests.** Commodity booms often prompt more nationalist policy styles in resource-rich countries. Usually, this nationalist push weakens once a boom is over. But in Indonesia, a major global exporter of coal, palm oil, nickel, and other minerals, the intensity of nationalist policy interventions increased after the early twenty-first century commodity boom came to an end. Equally puzzling, the state applied nationalist policies unevenly across the land and resource sectors. __Resource Nationalism in Indonesia__ explains these trends by examining the economic and political benefits that accrue to domestic business actors when commodity prices soar. Warburton shows how the centrality of patronage to Indonesia's democratic political economy, and the growing importance of mining and palm oil as a drivers of export earnings, enhanced both the instrumental and structural power of major domestic companies, giving them new influence over the direction of nationalist change.

In Resource Nationalism inIndonesia , Eve Warburton traces nationalistpolicy trajectories in Indonesia back to the preferences of biglocal business interests. Commodity booms often promptmore nationalist policy styles in resource-rich countries. Usually,this nationalist push weakens once a boom is over. But inIndonesia, a major global exporter of coal, palm oil, nickel, andother minerals, the intensity of nationalist policy interventionsincreased after the early twenty-first-century commodity boom cameto an end. Equally puzzling, the state applied nationalist policiesunevenly across the land and resource sectors. ResourceNationalism in Indonesia explains these trends by examiningthe economic and political benefits that accrue to domesticbusiness actors when commodity prices soar. Warburton shows how thecentrality of patronage to Indonesia's democratic politicaleconomy, and the growing importance of mining and palm oil asdrivers of export earnings, enhanced both the instrumental andstructural power of major domestic companies, giving them newinfluence over the direction of nationalist change.

Contents 7 Figures and Tables 9 Acknowledgments 11 Abbreviations 13 Introduction NATIONALISM AND NATURAL RESOURCES 17 1 RESOURCE NATIONALISM IN PATRONAGE DEMOCRACIES A Framework 38 2 HISTORIES OF OWNERSHIP 57 3 THE NEW RESOURCE NATIONALISM 95 4 THE RISE OF DOMESTIC BUSINESS 116 5 STATE CAPITAL AND CONSTRAINTS ON PRIVATE POWER 148 6 OWNERSHIP, IDENTITY, AND NATIONALIST DEMANDS 169 Conclusion PRIVATE NATIONALISM AND STATE DEVELOPMENTALISM 192 Notes 209 References 215 Index 239 "This book explores how, when, and why states nationalize their natural resources. Focusing on Indonesia, Eve Warburton shows that the Indonesian government took an increasingly nationalist approach to foreign ownership in its resource sectors, particularly after the global commodity boom of the twenty-first century"-- Provided by publisher