Bulletin of Indonesian Economic Studies (BIES) April 2017

small res cover cv-bies vol. 53 no 1 april 17

In the April 2017 issue (53.1) of BIES, Sarah Xue Dong and Chris Manning, in the latest Survey of Recent Developments, focus on the testing times facing Indonesia’s labour market. The authors argue that although some policies—such as the new approach to minimum wages—seem to have had beneficial effects for both business and the economy, the government lacks a coherent, well-thought-out plan to increase jobs and productivity.


In ‘Contract Engagement in the Small-Scale Tuna-Fishing Economies of East Java’, Dias Satria and Elton Li examine the informal contractual relationships formed by artisanal fishers and intermediaries, using data from a survey of more than 400 fishing-boat captains. The authors find that intermediaries play an important role in facilitating transactions between fishers and processors in the marketing value chain.


In ‘Governing the Palm-Oil Sector through Finance: The Changing Roles of the Indonesian State’, Eusebius Pantja Pramudya, Otto Hospes, and C. J. A. M. Termeer analyse the different roles of the Indonesian state in arranging finance schemes for palm-oil development since 1945. The authors ask to what extent the government has prioritised or balanced economic growth, social equity, and environmental protection. They find that the state has never been absent from the palm-oil industry but has had different and changing financing roles that are historically contingent and shaped by the evolving economic and political landscape.


The final article in the April issue, ‘Do Parents Invest Less in Worse-Performing Children? Evidence from the Asian Financial Crisis’, by Magda Tsaneva, uses data from Indonesia around the time of the 1997–98 Asian financial crisis to examine the role of parental preferences in human capital accumulation. Tsaneva finds that parents are more sensitive to the human capital of younger children, who are penalised for having lower skills than their older siblings.


The authors in April’s book-review section respond to recent publications on, among other topics, decentralisation and the Maluku conflicts; economic change in Indonesia since the early 1900s; Indonesian women and local politics in the post-Soeharto era; and the Constitutional Court and its role in shaping the country’s legal system and, more broadly, Indonesian democracy.


BIES is the leading journal on Indonesia’s economy and society. Published continuously since 1965, it has an impact factor of 0.725 (2016), placing it among the world’s top 25 area-studies journals. It is also among the top 15 Asian-studies journals in Google Scholar Metrics and in the second quartile of development journals in both SCImago’s Journal Rankings and Scopus’s new CiteScore rankings.


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