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This book examines the dynamics shaping the economic process of economic liberalisation in Indonesia since the mid-1980's. Much writing on the process of economic liberalisation in developing countries views economic liberalisation as the victory of economic rationality over political and social interests. In contrast, this book argues that economic liberalisation should not be understood in these terms, but rather in the way that political social interests shape processes of economic reform in both a positive and negative sense. Specifically, Rosser argues that economic liberalisation needs to be understood in terms of the extent to which economic crises shift the balance of power and influ...
Building A Modern Financial System provides penetrating insights into the upheavals in Indonesia, and explains the kinds of policies that can lead to the development of a modern financial system in a large, relatively underdeveloped country. The study covers all facets of the financial system, emphasising the role of the monetary authorities, the transition from government-dominated to a predominantly private banking system, and the rapid expansion of the capital market. Indonesia is a particularly interesting case because its economy and financial system was in shambles in the mid-1960s owing to political adventurism and economic mismanagement. Until more recently sensible economic policies and growth-promoting reforms provided a sound financial system and a balanced expansion of agriculture and industry. However since the mid-1990's the stability of the Indonesian system has once again been called into question.
This multi-disciplinary volume provides a critical examination of corporate governance reform in Southeast Asia especially after the Asian financial crisis in 1997. The weaknesses in the corporate sector, such as poor investment structure, weak legal and accounting systems, faulty financial practices, questionable political interventions, are some of the pertinent issues raised by the authors, who include legal specialists, corporate practitioners, economists, and political scientists. Policy measures to improve corporate transparency, institutional accountability, and fiscal prudence are also proposed. The volume provides interested readers and policy-makers in Southeast Asia with the most current research and policy options on corporate governance reform, and advocates more committed and effective governance changes in the future.
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MASJID NABAWI Di pintu King Fahd aku tercenung. Senja merambat renta. Rembulan berkalang melipat malam. Payung payung raksasa di halamanmu yang luas belum lagi menutup. Dingin angin mengiris kulit. Nun di ujung sana, puncak Jabal Uhud memerah. Seakan darah para syuhada, baru kemarin tertumpah. Puncak Dar El Taqwa dan Taibah Suite yang megah, tunduk pada menaramu yang anggun. Jejak keagunganmu terpatri jelas di sini wahai Rasul. Aku tunduk tadarru di keluasan samudera akhlakmu, di kanopis langit cintamu. Ketika alunan azan merambat di gunung gunung batu, marayapi relung relung hati, mengerjap di kerlip bintang sore, aku terpana pada pengikutmu yang menyemut menyungkur diri. Mendamba ridho Illahi. Ketika keningku membentur lantai di depan Raudah. Kristal dari mataku berhambur deras. Rinduku lilin yang leleh. Berahakkah aku melantunkan seuntai doa? Cukupkah sayaratku tuk menjadi seorang pengikutmu? Adakah ampunan bagi dosaku tak bertepi?
Walau pendek, celoteh celoteh itu dibuat berdasar data dari sumber yang terpercaya. Dianalisis dengan logika dan nalar yang sehat. Walau bukan tulisan ilmiah, namun celoteh celoteh itu dilatarbelakangi oleh pemahaman akademis yang memadai. Walaupun spontan dan kontekstual, saya berpendapat ada insight yang bisa dipungut dan dikembangkan dari celoteh celoteh singkat itu. Dan yang perlu ditegaskan, celoteh itu sama sekali tidak memiliki motif finansial atau popularitas. Itu yang mendorong saya untuk mengumpulkan dan menerbitkan celoteh celoteh itu. Berharap ada orang orang yang bisa meraih manfaat dari situ. Apalagi menyimak perkembangan mutakhir. Begitu cepatnya pertumbuhan investor saham selama 2020 dan bulan pertama 2021 ini. Mayoritas investor baru itu berasal dari kalangan milenial. Rentang umur 18 sampai 25 tahun. Saya khawatir, seperti kutipan yang saya ambil dari ujar ujar Warren Buffett, di awal pengantar ini, mereka lebih terpesona pada skor, lupa mempersiapkan diri dengan baik dalam penguasaan teknik permainan.
Pada usia senja, ketika romantisme masa muda dikenang sebagai episode yang lucu dalam jejak perjalanan hidup, ditambah saran beberapa teman, saya berubah pikiran. Saya berusaha mengumpulkan kembali sajak-sajak yang pernah saya tulis. Saya kutipkan kembali, di sini, ungkapan seorang teman. “Ketika kita mulai kaya dengan bacaan yang membuat kening berkerut, mengapa tidak menyediakan selingan dalam bentuk bacaan yang membuat hati berdebar”
Impact of Indonesia's history and culture on its business practice and provides detailed information for business people on dealing with the country's culture and religion.