Industrialisation after a Deep Economic Crisis: Indonesia

Indonesia experienced a deep economic contraction as a result of the 1997-1998 Asian crisis. This paper develops an analytical framework that facilitates an examination of trends and patterns in the country's industrial sector in the wake of the crisis, and explains why it appears to be on a lo...

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Bibliographic Details
Published inThe Journal of development studies Vol. 46; no. 6; pp. 1084 - 1108
Main Authors Aswicahyono, Haryo, Hill, Hal, Narjoko, Dionisius
Format Journal Article
LanguageEnglish
Published Abingdon Routledge 01.07.2010
Taylor and Francis Journals
Taylor & Francis Ltd
SeriesThe Journal of Development Studies
Subjects
Development
Development economics
Economic Crises
Economic crisis
Economic growth
Employment
Export-oriented industry
Exports
Indonesia
Industrial development
Industrial economics
Industrial sector
Industry
Interdisciplinary research
Small business
Indonesia
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Summary:Indonesia experienced a deep economic contraction as a result of the 1997-1998 Asian crisis. This paper develops an analytical framework that facilitates an examination of trends and patterns in the country's industrial sector in the wake of the crisis, and explains why it appears to be on a lower growth trajectory. We particularly focus on why industrialisation has become less employment elastic; why industrial exports have performed indifferently; and why the process of small firms 'graduating' to larger units has slowed, and most of the output growth is now coming from existing firms rather than new entrants.
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ISSN:0022-0388
1743-9140
DOI:10.1080/00220380903318087