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| 1 |
ID:
188438
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| Summary/Abstract |
This paper aims to examine the recent international capital expansion of Indonesian business groups, which has received little attention by existing literatures. The article looks at the geo-political and economic conditions benefited their capital expansion across the region and how such internationalisation process has substantial impacts toward Indonesia’s global economic outlook. This research applied a qualitative method of collecting and categorizing data by using the international political economy approach, specifically the Amsterdam School of International Political Economy and Murdoch School of Political Economy. The data time period is from 1999 to 2020. The research’s empirical findings propose two arguments. First, the internationalisation of Indonesian conglomerate’s capital should not merely be considered a product of corporate strategies. It is largely benefited by regional governance of ASEAN-led economic integration initiative. Second, while such international business expansion serves Indonesia’s ambition to become Southeast Asia’s economic hub, it also is reconfiguring the country’s preferences regarding global economic policy.
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| 2 |
ID:
110210
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| Publication |
2012.
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| Summary/Abstract |
This article argues that in many cases the theoretical resources for a revived and enriched 'critical International Political Economy' already exist, and we would do well to revisit earlier works when seeking to intervene in contemporary debates. Through an initial engagement with the recent plethora of contributions on 'the international', I contend that Nicos Poulantzas' later writings deserve a rereading. In particular, his work on the historicity of territory and the internationalisation of capital constitutes a series of rich and suggestive commentaries. The significance of his remarks are later illustrated via a consideration of Germany, where I argue that the changes wrought by the growing imbrication of the German economy with transnational circuits of capital have been taking place through, and not necessarily against, the historicity of German capitalism's emergence and evolution.
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