The Local Response towards Chinese Investment: A Case Study of Nickel Business Firms in Sulawesi, Indonesia

Muhamad Iksan

《台灣東南亞學刊》 18卷1期 (2023/04) Pp. 103-146

摘要

This paper aims describing three main problems, that the topic is timely manner and still little understudied. At the same time, the topic discusses quite intensive in the contemporary economic development of Indonesia: first, this paper describes figures Chinese Foreign Direct Investment (hereafter CFDI) under two governments - SBY and Jokowi - for bringing our attention to what sector inward CFDI targeted, characteristic of FDI involved and provided a general background. Second, the article argues based on factors are intertwined driving force such as internal factors from Indonesia's changing domestic political landscape, including hitherto policy and its direction with the impact of FDI itself; nonetheless, the main argument lies on the external factors from global commodity booming, benefit from technology transfer of CFDI's firms and home country's vision toward a practice of industrial policy. Indonesia's resource economic nationalism had evolved with its developmental manner of state, unlike rentier states and capitalist-market states. Third, this article conveys an early stage of the approach to understand profoundly about local response toward foreign direct investment. Therefore, this paper offers several key factors that shaped the way local businesses respond from the theory of endogenous protection of foreign investment, including factors such as the interaction between collective action and government policies. This approach can uncover future research with multidisciplinary approach, combining economics, political science, and social history among many disciplines in social science. These preliminary findings are substantial for conveying a possible future research agenda.

關鍵字

China Foreign Direct Investment ； local responses ； nickel mining sector ； resource nationalism ； government policy

參考文獻

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