Privatization

March 12, 2002

Faisal Basri
Economics observer, University of Indonesia

 

PRIVATIZATION is not taboo in Indonesia. Even the most nationalistic of parties in the country favors privatization of state-owned enterprises (SOEs), no question asked as to who the buyers are. Foreign buyers are even preferred. All three Indonesian presidents after Sukarno had privatization in the agenda of their governments—with different motives and against different ba

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