Muhammad Firman Eko Putra

Indonesia’s New State Capitalism and the price of nickel downstream ‘Green’ Industrial Policy

Indonesia’s ‘green’ industrial policy epitomises the reemergence of state capitalism, in which state institutions  both stabilise and facilitate market expansion. On the ground, however, this reproduces the old developmental state paradigm of growth at all costs, perpetuating extractivism and generating new injustices.

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