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Political Economy of Resources and Its Development: The Case of Indonesia.
Current Issue
Volume 1, 2013
Issue 1 (December)
Pages: 16-24   |   Vol. 1, No. 1, December 2013   |   Follow on         
Paper in PDF Downloads: 18   Since Aug. 28, 2015 Views: 1201   Since Aug. 28, 2015
Authors
[1]
Ukar Wijaya Soelistijo, University of Islam Bandung (UNISBA), Bandung, Alumnus of the Indonesian Defence College (LEMHANAS), Jakarta, Institute of Technology Bandung (ITB), Mineral and Coal Technology R&D Center, Bandung Indonesia.
Abstract
In principle, it is difficult to prove the causal between the more democratic political system and the more efficient government. It is, however, the linkage between the efficient government and the proper economic growth can be accepted. Political economy of resources and its various aspects is required such as one instrument to accelerate achievement of the community welfare and the nation life sustainability. Actually, it is understood that there is a firm linkage between economy and political decision in particular in the era of globalization. The aim of this study is to clarify the real meaning of political economy of resources and its development and progress in general and in the special case of Indonesia, where historically, there was a transformation process from industrial revolution towards capitalist revolution and managerial one. Resources may include economic resources as well as politics, market, management, information and environmental ones. Economic resources may cover such as capital, labor or human and natural resources, information, and technology and the other certain kinds. The transformation process in the production function into output in terms of goods and services needs national management system, so that the output could be able to meet the sustainable national interest a well as the welfare of the people optimally. In the framework of the Indonesia political economy mindset, there are several dynamics towards future development and progress of the significant involvement of Indonesia in the present era of globalization, and it is expected stronger in the future. The example results of political economy development of Japan, China, India, Korea and Indonesia could be seen that based on the Asia culture.
Keywords
Economy, Politics, Resources, Nation Life Sustainability, People Welfare
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