インドネシア経済史におけるバクリグループの合理性 --金融自由化の進展と政治コネクションの変容による作用--

Abstract

This article aims to analyze transformations in Indonesia’s Bakrie Group amid the political and economic changes of the Soeharto era. The indigenous, or Pribumi, group, which has been influential in the political economy of post-Soeharto Indonesia, was nurtured by the political protection of nationalistic bureaucrats since its foundation in 1942. However, with the financial liberalization from the mid-1980s, the Bakrie Group shifted its funding to rely on the domestic stock market. And when Soeharto’s children emerged on the Indonesian business scene in the 1990s, political ties to the presidential family became much more important for the Bakrie family. These developments within the Bakrie Group decisively characterize its corporate structure and behavior even in the post-Soeharto era.