Should We Renegotiate Contracts?
Tuesday, September 4, 2007
Mohamad Ikhsan
THE idea to renegotiate natural resources contracts resurfaced after the Supreme Audit Agency (BPK) and Professor Stiglitz declared the necessity for Indonesia to take this measure. Pak Stiglitz was right; however, we must consider the costs and benefits, because they may not necessarily increase state revenues.
We must identify the problem w
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