000 04038nam a22005175i 4500
001 293819
003 IT-RoAPU
005 20221215003255.0
006 m|||||o||d||||||||
007 cr || ||||||||
008 210830t20172017si fo d z eng d
020 _a9789814786393
_qprint
020 _a9789814786409
_qPDF
024 7 _a10.1355/9789814786409
_2doi
035 _a(DE-B1597)9789814786409
035 _a(DE-B1597)522075
035 _a(OCoLC)1096436458
040 _aDE-B1597
_beng
_cDE-B1597
_erda
072 7 _aBUS069000
_2bisacsh
084 _aonline - DeGruyter
100 1 _aHutchinson, Francis E
_eautore
245 1 0 _aRowing Against the Tide? :
_bBatam's Economic Fortunes in Today's Indonesia /
_cFrancis E Hutchinson.
264 1 _aSingapore :
_bISEAS Publishing,
_c[2017]
264 4 _c©2017
300 _a1 online resource (37 p.)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 0 _tFrontmatter --
_tFOREWORD --
_tRowing Against the Tide? Batam's Economic Fortunes in Today's Indonesia --
_tRowing Against the Tide? Batam's Economic Fortunes in Today's Indonesia --
_tTHE REASSERTION OF CENTRAL CONTROL --
_tCONCLUSION
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aDespite its good infrastructure and proximity to Singapore, Batam's economic performance has taken a turn for the worse, with declining levels of foreign direct investment (FDI) and exports. Well-known firms in the electronics sector have closed shop, the shipping industry is in the doldrums, and unemployment rates have begun to climb. The environment for business is not as conducive as it used to be, with bureaucratic overlaps, persistent red tape, and shortages of land for investors. And, rather than seeking to attract large-scale investments in manufacturing or services, government campaigns have focussed on traditional economic activities such as fishing and farming. There are three reasons for this state of affairs. First, Indonesia's decentralization reforms have made doing business in Batam much more complicated than it used to be. Rather than dealing with one all-powerful central government agency, investors need to deal with three levels of government each with veto power. Second, Batam's economic transformation over the past quarter-century has attracted large numbers of migrants from other parts of the country. This has engendered a cultural sub-nationalist movement, which has sought to protect local interests and identities to the detriment of the economy. Third, structural changes in Indonesia's economy and changing corporate strategies have meant that investment into the country seeks to tap its domestic market as opposed to producing for export. In this context, Batam is not a viable destination due to its distance from large population centres, bad connectivity, high labour costs, and unattractive tax framework. While recent measures have sought to reduce red tape, fight corruption, and improve the islands infrastructure, it is possible that Batam needs to re-orient its business model away from producing for export and towards enabling firms on the island to also cater to Indonesia's burgeoning domestic consumer base.
530 _aIssued also in print.
538 _aMode of access: Internet via World Wide Web.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)
650 0 _aBatam (Indonesia)-Economic conditions.
650 0 _aEconomics.
650 4 _aEconomics.
650 7 _aBUSINESS & ECONOMICS / Economics / General.
_2bisacsh
850 _aIT-RoAPU
856 4 0 _uhttps://doi.org/10.1355/9789814786409
856 4 0 _uhttps://www.degruyter.com/isbn/9789814786409
856 4 2 _3Cover
_uhttps://www.degruyter.com/cover/covers/9789814786409.jpg
942 _cEB
999 _c293819
_d293819