Rowing Against the Tide? : : Batam's Economic Fortunes in Today's Indonesia / / Francis E Hutchinson.
Despite its good infrastructure and proximity to Singapore, Batam's economic performance has taken a turn for the worse, with declining levels of foreign direct investment (FDI) and exports. Well-known firms in the electronics sector have closed shop, the shipping industry is in the doldrums, a...
Saved in:
Superior document: | Title is part of eBook package: De Gruyter DG Plus eBook-Package 2017 |
---|---|
VerfasserIn: | |
Place / Publishing House: | Singapore : : ISEAS Publishing, , [2017] ©2017 |
Year of Publication: | 2017 |
Language: | English |
Online Access: | |
Physical Description: | 1 online resource (37 p.) |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
9789814786409 |
---|---|
ctrlnum |
(DE-B1597)522075 (OCoLC)1096436458 |
collection |
bib_alma |
record_format |
marc |
spelling |
Hutchinson, Francis E , author. aut http://id.loc.gov/vocabulary/relators/aut Rowing Against the Tide? : Batam's Economic Fortunes in Today's Indonesia / Francis E Hutchinson. Singapore : ISEAS Publishing, [2017] ©2017 1 online resource (37 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- FOREWORD -- Rowing Against the Tide? Batam's Economic Fortunes in Today's Indonesia -- Rowing Against the Tide? Batam's Economic Fortunes in Today's Indonesia -- THE REASSERTION OF CENTRAL CONTROL -- CONCLUSION restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star Despite its good infrastructure and proximity to Singapore, Batam's economic performance has taken a turn for the worse, with declining levels of foreign direct investment (FDI) and exports. Well-known firms in the electronics sector have closed shop, the shipping industry is in the doldrums, and unemployment rates have begun to climb. The environment for business is not as conducive as it used to be, with bureaucratic overlaps, persistent red tape, and shortages of land for investors. And, rather than seeking to attract large-scale investments in manufacturing or services, government campaigns have focussed on traditional economic activities such as fishing and farming. There are three reasons for this state of affairs. First, Indonesia's decentralization reforms have made doing business in Batam much more complicated than it used to be. Rather than dealing with one all-powerful central government agency, investors need to deal with three levels of government each with veto power. Second, Batam's economic transformation over the past quarter-century has attracted large numbers of migrants from other parts of the country. This has engendered a cultural sub-nationalist movement, which has sought to protect local interests and identities to the detriment of the economy. Third, structural changes in Indonesia's economy and changing corporate strategies have meant that investment into the country seeks to tap its domestic market as opposed to producing for export. In this context, Batam is not a viable destination due to its distance from large population centres, bad connectivity, high labour costs, and unattractive tax framework. While recent measures have sought to reduce red tape, fight corruption, and improve the islands infrastructure, it is possible that Batam needs to re-orient its business model away from producing for export and towards enabling firms on the island to also cater to Indonesia's burgeoning domestic consumer base. Issued also in print. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) Batam (Indonesia)-Economic conditions. Economics. BUSINESS & ECONOMICS / Economics / General. bisacsh Title is part of eBook package: De Gruyter DG Plus eBook-Package 2017 9783110719543 Title is part of eBook package: De Gruyter ISEAS Complete eBook-Package 2017 9783110662986 Title is part of eBook package: De Gruyter ISEAS eBook Package 2015-2017 9783110606676 print 9789814786393 https://doi.org/10.1355/9789814786409 https://www.degruyter.com/isbn/9789814786409 Cover https://www.degruyter.com/cover/covers/9789814786409.jpg |
language |
English |
format |
eBook |
author |
Hutchinson, Francis E , Hutchinson, Francis E , |
spellingShingle |
Hutchinson, Francis E , Hutchinson, Francis E , Rowing Against the Tide? : Batam's Economic Fortunes in Today's Indonesia / Frontmatter -- FOREWORD -- Rowing Against the Tide? Batam's Economic Fortunes in Today's Indonesia -- THE REASSERTION OF CENTRAL CONTROL -- CONCLUSION |
author_facet |
Hutchinson, Francis E , Hutchinson, Francis E , |
author_variant |
f e h fe feh f e h fe feh |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Hutchinson, Francis E , |
title |
Rowing Against the Tide? : Batam's Economic Fortunes in Today's Indonesia / |
title_sub |
Batam's Economic Fortunes in Today's Indonesia / |
title_full |
Rowing Against the Tide? : Batam's Economic Fortunes in Today's Indonesia / Francis E Hutchinson. |
title_fullStr |
Rowing Against the Tide? : Batam's Economic Fortunes in Today's Indonesia / Francis E Hutchinson. |
title_full_unstemmed |
Rowing Against the Tide? : Batam's Economic Fortunes in Today's Indonesia / Francis E Hutchinson. |
title_auth |
Rowing Against the Tide? : Batam's Economic Fortunes in Today's Indonesia / |
title_alt |
Frontmatter -- FOREWORD -- Rowing Against the Tide? Batam's Economic Fortunes in Today's Indonesia -- THE REASSERTION OF CENTRAL CONTROL -- CONCLUSION |
title_new |
Rowing Against the Tide? : |
title_sort |
rowing against the tide? : batam's economic fortunes in today's indonesia / |
publisher |
ISEAS Publishing, |
publishDate |
2017 |
physical |
1 online resource (37 p.) Issued also in print. |
contents |
Frontmatter -- FOREWORD -- Rowing Against the Tide? Batam's Economic Fortunes in Today's Indonesia -- THE REASSERTION OF CENTRAL CONTROL -- CONCLUSION |
isbn |
9789814786409 9783110719543 9783110662986 9783110606676 9789814786393 |
url |
https://doi.org/10.1355/9789814786409 https://www.degruyter.com/isbn/9789814786409 https://www.degruyter.com/cover/covers/9789814786409.jpg |
illustrated |
Not Illustrated |
doi_str_mv |
10.1355/9789814786409 |
oclc_num |
1096436458 |
work_keys_str_mv |
AT hutchinsonfrancise rowingagainstthetidebatamseconomicfortunesintodaysindonesia |
status_str |
n |
ids_txt_mv |
(DE-B1597)522075 (OCoLC)1096436458 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter DG Plus eBook-Package 2017 Title is part of eBook package: De Gruyter ISEAS Complete eBook-Package 2017 Title is part of eBook package: De Gruyter ISEAS eBook Package 2015-2017 |
is_hierarchy_title |
Rowing Against the Tide? : Batam's Economic Fortunes in Today's Indonesia / |
container_title |
Title is part of eBook package: De Gruyter DG Plus eBook-Package 2017 |
_version_ |
1770179266917433344 |
fullrecord |
<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>05021nam a22007695i 4500</leader><controlfield tag="001">9789814786409</controlfield><controlfield tag="003">DE-B1597</controlfield><controlfield tag="005">20210830012106.0</controlfield><controlfield tag="006">m|||||o||d||||||||</controlfield><controlfield tag="007">cr || ||||||||</controlfield><controlfield tag="008">210830t20172017si fo d z eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9789814786409</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1355/9789814786409</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-B1597)522075</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1096436458</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-B1597</subfield><subfield code="b">eng</subfield><subfield code="c">DE-B1597</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">si</subfield><subfield code="c">SG</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">BUS069000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Hutchinson, Francis E , </subfield><subfield code="e">author.</subfield><subfield code="4">aut</subfield><subfield code="4">http://id.loc.gov/vocabulary/relators/aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Rowing Against the Tide? :</subfield><subfield code="b">Batam's Economic Fortunes in Today's Indonesia /</subfield><subfield code="c">Francis E Hutchinson.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Singapore : </subfield><subfield code="b">ISEAS Publishing, </subfield><subfield code="c">[2017]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©2017</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (37 p.)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="347" ind1=" " ind2=" "><subfield code="a">text file</subfield><subfield code="b">PDF</subfield><subfield code="2">rda</subfield></datafield><datafield tag="505" ind1="0" ind2="0"><subfield code="t">Frontmatter -- </subfield><subfield code="t">FOREWORD -- </subfield><subfield code="t">Rowing Against the Tide? Batam's Economic Fortunes in Today's Indonesia -- </subfield><subfield code="t">Rowing Against the Tide? Batam's Economic Fortunes in Today's Indonesia -- </subfield><subfield code="t">THE REASSERTION OF CENTRAL CONTROL -- </subfield><subfield code="t">CONCLUSION</subfield></datafield><datafield tag="506" ind1="0" ind2=" "><subfield code="a">restricted access</subfield><subfield code="u">http://purl.org/coar/access_right/c_16ec</subfield><subfield code="f">online access with authorization</subfield><subfield code="2">star</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Despite its good infrastructure and proximity to Singapore, Batam's economic performance has taken a turn for the worse, with declining levels of foreign direct investment (FDI) and exports. Well-known firms in the electronics sector have closed shop, the shipping industry is in the doldrums, and unemployment rates have begun to climb. The environment for business is not as conducive as it used to be, with bureaucratic overlaps, persistent red tape, and shortages of land for investors. And, rather than seeking to attract large-scale investments in manufacturing or services, government campaigns have focussed on traditional economic activities such as fishing and farming. There are three reasons for this state of affairs. First, Indonesia's decentralization reforms have made doing business in Batam much more complicated than it used to be. Rather than dealing with one all-powerful central government agency, investors need to deal with three levels of government each with veto power. Second, Batam's economic transformation over the past quarter-century has attracted large numbers of migrants from other parts of the country. This has engendered a cultural sub-nationalist movement, which has sought to protect local interests and identities to the detriment of the economy. Third, structural changes in Indonesia's economy and changing corporate strategies have meant that investment into the country seeks to tap its domestic market as opposed to producing for export. In this context, Batam is not a viable destination due to its distance from large population centres, bad connectivity, high labour costs, and unattractive tax framework. While recent measures have sought to reduce red tape, fight corruption, and improve the islands infrastructure, it is possible that Batam needs to re-orient its business model away from producing for export and towards enabling firms on the island to also cater to Indonesia's burgeoning domestic consumer base.</subfield></datafield><datafield tag="530" ind1=" " ind2=" "><subfield code="a">Issued also in print.</subfield></datafield><datafield tag="538" ind1=" " ind2=" "><subfield code="a">Mode of access: Internet via World Wide Web.</subfield></datafield><datafield tag="546" ind1=" " ind2=" "><subfield code="a">In English.</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Batam (Indonesia)-Economic conditions.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Economics.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics.</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS / Economics / General.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">DG Plus eBook-Package 2017</subfield><subfield code="z">9783110719543</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">ISEAS Complete eBook-Package 2017</subfield><subfield code="z">9783110662986</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">ISEAS eBook Package 2015-2017</subfield><subfield code="z">9783110606676</subfield></datafield><datafield tag="776" ind1="0" ind2=" "><subfield code="c">print</subfield><subfield code="z">9789814786393</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1355/9789814786409</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.degruyter.com/isbn/9789814786409</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="3">Cover</subfield><subfield code="u">https://www.degruyter.com/cover/covers/9789814786409.jpg</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-060667-6 ISEAS eBook Package 2015-2017</subfield><subfield code="c">2015</subfield><subfield code="d">2017</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-066298-6 ISEAS Complete eBook-Package 2017</subfield><subfield code="b">2017</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-071954-3 DG Plus eBook-Package 2017</subfield><subfield code="b">2017</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_BACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_CL_LAEC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ECL_LAEC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EEBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESTMALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_PPALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_SSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_STMALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV-deGruyter-alles</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA11SSHE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA12STME</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA13ENGE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA17SSHEE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA18STMEE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA5EBK</subfield></datafield></record></collection> |