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A Tale of Two Cities: The Political Economy of Local Investment Climates in Indonesia

Patunru, Arianto; McCulloch, Neil; von Luebke, Christian

Description

ABSTRACTThere is little doubt that protecting property rights, reducing corruption, and improving public services are desirable long-term objectives for all countries. But are such institutional prescriptions sufficient, or even necessary, to achieve investment and growth? By exploring the political economy of the cities of Solo and Manado in Indonesia, this article shows that relationship-based, rather than rule-based, cooperation between government leaders and local firms can provide an...[Show more]

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
URI: http://hdl.handle.net/1885/78229
Source: Journal of Development Studies
DOI: 10.1080/00220388.2011.638048

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