The following is the established format for referencing this article: obidzinski, k, r andriani, h komarudin, and a andrianto 2012 environmental and social impacts of oil palm plantations and their implications for biofuel production in indonesia. Australian mining executive michael kiernan, who runs asia minerals, is one of many industry officials convinced that jakarta will ultimately show flexibility given the potential economic impact. This study analyses impact of these new mineral export restriction policies to the indonesian economy within a computable general equilibrium (cge) framework such as the impact on economic. Key findings despite increasing economic challenges, indonesia is likely to continue raising non-tariff barriers to trade these protectionist measures are likely to prove counterproductive, raising prices for indonesian consumers and reducing the competitiveness of indonesian firms.
Vol8 2013 2 economic impact analysis of the 2012 indonesia mineral-export tax policy: a cge approach 1 introduction export taxes have been used by governments as a tool of economic policy for various objectives. Indonesia's economic freedom score is 642, making its economy the 69th freest in the 2018 index its overall score has increased by 23 points, with solid improvements in business freedom. In may 2012, the indonesian government implemented a series of new mineral export restrictions: (1) regulation of minister energy and mineral resources (memr) no 7/2012 to ban export of unprocessed metals and non-metallic minerals, and then revised by regulation of memr no 11/2012 (2) regulation.
The centre for energy, petroleum and mineral law and policy the centre for energy, petroleum and mineral law and policy at the university of dundee is the internationally renowned graduate school in the field of international business transactions and natural resources and energy law and policy. 235 indonesia 28 2351 mining potential and associated risks 29 322 economic impact analysis 59 3221 impact multipliers: principles and methods 60. As stipulated by the 2007 investment law, the indonesian legislature (dpr) passed regulations on special economic zones (sez) in 2009 at least 20 areas have submitted applications for sez status, but only two were created in 2012: sei mangke in north sumatra and tanjung lesung in banten. The mineral resources sector plays a vital role in the indonesian economy mining contributes approximately five percent of the total indonesian gross domestic product and a much greater share.
Icra indonesia released an analysis of the economic impact of the ban on export of raw minerals the ban - stipulated by the new 2009 mining law - became effective per 12 january 2014 (although in a milder form as some mineral ore exports are allowed under specific terms) and aims at boosting. However the indonesian minister of energy and mineral resources, ignasius jonan, signalled his intention to keep to the objective of the 2009 mining law by stating that the ministry will only grant a recommendation to miners with iup or iupk status if they show progress with the development of local processing facilities. 130 ukar wijaya soelistijo et al: trend of mineral commodity price and its impact on the indonesia economy 1990-2025 resources especially in mining sector indonesia has many. The impact of indonesia's '20 per cent rule' on the level and quality of education spending (page 35) special topic boxes identifying the regular fluctuations in indonesia's financial account (page 7. According to the economist intelligence unit, it was one of the top performers in 2013, with economic growth of 117 per cent, and it is projected to be the second top-performing economy in 2014, only after south sudan (about 15 per cent.
This study analyses the impact of these new mineral export restriction policies on the indonesian economy within a computable general equilibrium (cge) framework the model's database is consolidated from three key data sources: (a) the 2005 indonesian input-output (io) table (b) the 2005 indonesian social accounting matrix (sam) and (c. Early in jokowi's administration, law no 4/2009 on mineral and coal mining, known as the 'new mining law,' was introduced the idea was to boost export revenue for indonesia's raw ores before shipping, which would be done through the growth of domestic refining and smelting facilities. The government of indonesia has recently issued a package of economic policies designed to remove irrelevant requirements and to deregulate and spur the growth of the indonesian economy this move has resulted in the elimination of several examination and licensing procedures. Indonesia, an important global commodities producer, halted exports of some mineral ores in 2014 as part of a plan to boost economic growth by promoting the development of a domestic processing. It is now more than seven years since the 2009 law on mineral and coal political and economic developments in indonesia which can have a significant impact on the.
Indonesia's presidential election campaign is shaping up as remarkably similar to the last one just like in 2014, the dominant issue will be the economy only this time there is a whiff of. The future of indonesian mining activities after the implementation of law number 4 of 2009 concerning mineral and coal mining ( the new mining law ) imre journal , 7 (4) usgs. These liberals paved the way for the introduction of a new period in indonesian history, known as the liberal period (circa 1870 to 1900) this period is marked by a huge influence of private capitalism on colonial policy in the dutch indies. The g20, indonesia is actively engaged in world affairs, and economic integration with regional asean (association of southeast asian nations) partners is moving ahead indonesia has strong growth potential: its population is young, the domestic market is.
2 agenda 1 prospect of indonesia mineral resources 2 indonesia mining map in the global context 3 indonesia mining map in the indonesia investment context 4 new mining law (uu minerba.