The Concept of Indonesia Raya Incorporated Conforms the Constitution of Economics: Studies of Grounded Theory on State Asset Ownership Management

R. Agus Trihatmoko () and Y. Sri Susilo ()

Business and Economic Research, 2018, vol. 8, issue 1, 136-153

Abstract: The phenomenon regarding the emersion of the idea of Indonesia Raya Incorporated (IRI) is interesting to be the references in economic policy studies. This study aim to reveal and interpret the management of state asset ownership as a proposal on the IRI approach. This research used qualitative method, designed with grounded theory approach and constructivism philosophy. Data collection was obtained from the results of Focus Group Discussion (FGD) of economists from various universities. The results reveal that: (1) The gap on state asset ownership by state-owned enterprises (BUMN), regional government-owned enterprises (BUMD) and private sector as a result of economic liberalization is the antecedent of the emergence of the idea about IRI; (2) IRI encourages changes in the legislation for new economic policies; (3) The new economic policy, in form of IRI eliminates the gap in state asset ownership by BUMN, BUMD and private sector; (4) The gap on state asset ownership by BUMN, BUMD, and private sector will determine the prospects of society welfare level and economic sovereignty, and finally lead to the integrity of the Unitary State of the Republic of Indonesia. It is generally concluded that IRI which is proposed in the management of state asset ownership has fulfilled the economic constitution.

Keywords: Indonesia Raya Incorporated (IRI); Economic Constitution; Management of State Asset Ownership; State-Owned Enterprises (BUMN and BUMD); Economic Policy (search for similar items in EconPapers)
Date: 2018
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.macrothink.org/journal/index.php/ber/article/view/12421/9893 (application/pdf)
http://www.macrothink.org/journal/index.php/ber/article/view/12421 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mth:ber888:v:8:y:2018:i:1:p:136-153

Access Statistics for this article

Business and Economic Research is currently edited by Daisy Young

More articles in Business and Economic Research from Macrothink Institute
Bibliographic data for series maintained by Technical Support Office ( this e-mail address is bad, please contact ).