POLICY MODEL FOR MANAGING STATE OWNED ENTERPRISE
State Owned Enterprises (SOEs) is a unique phenomenon of developing countries economy. Indonesia SOEs has come as a policy of MNC nationalisation post Independence. The policy then turn into savior of the nation's economy while in 1998/1999 crises. The next policy was turning the groups of industries into the profesionally managed corporation and become the leading national players in the global competition. The policy has been promoting by all administrations post reform, and the SOEs have a sound business performance. It raised the three questions for the next challenge: it is a need to keep the Ministry of SOEs, and how to make a perform policy on SOEs. The answer is, there is a t need o abolish the office. The second answer is there is a need to define the next mission of the SOEs. There are two critical new missions that need to be redrawn by policy makers. First, in the well-developed economy and liberalized market, SOEs act as “countervailing actor” toward market players rather than to dominate. Secondly, in the next 50 years, it is probable SOEs will be one of the principal contributors for state budget.
Anoraga, P. (1995). BUMN, swasta, dan koperasi: Tiga pelaku ekonomi. Jakarta: Pustaka Jaya.
Ascher, K. (1987). The politics of privatization-contracting out public services. New York: St Martin's Press.
Austin, J.M., Wortzel, L.H., and Coburn, J.F. (1986). Privatizing state owned enterprises: Hopes and realities. Colombia Journal of World Business, 21(3), 51-60.
Aylen, J. (1987). Privatization in developing countries. Lloyds Bank Review, 163, 15-30.
Back, J.G. (2012). Korean GLCs as the agent of national development. Paper presented at Conference on The State’s Return to Business, Siem Riap, Cambodia, Feb. 9-10, 2012.
Bailey, R.W. (1987). Uses and misuses of privatization, in Steve H. Hanke (Ed.) Prospects for privatization. New York: The Academy of Political Science.
Barnett-Page and Thomas, J. (2009). Methods for the synthesis of qualitative research: A critical review. BMC Medical Research Methodology, 9(59), 1-11.
Bastian, I. (2002). Privatisasi di Indonesia. Jakarta: Salemba Empat.
Beesley, M.E., 1997, ed., Privatization and Deregulation, London: Routledge.
Beresford, Q. (2000). Governments, markets, and globalization. Sydney: Allen & Unwin.
Bos, D. (1985), A theory of the privatization of public enterprises. Journal of Economics, Supplement, 5, 17-40.
Bremmer, I. (2010). The end of the free market: Who wins the war between states and corporations?. New York: Portfolio.
Bridge, G. (1977). Citizen choice in public services: Voucher system, in E.S. Savas (Ed.). Alternatives for delivering public services -toward improved performance, Colorado, Westview Press.
Buchanan, J.M. (1972). The economics of earmarked Taxes, in J.M. Buchanan and Robert D. Tollison (Eds.). Theory of public choice I, Ann Harbor, University of Michigan Press.
Cheong Kee-Cheok, Li, R., and Zhang, M. (2012). China’s state enterprises and global crises. Paper presented at Conference on The State’s Return to Business, Siem Riap, Cambodia, Feb. 9-10, 2012.
Danim, S. (2005). Pengantar studi pemelitian kebijakan. Jakarta: Bina Aksara.
Djuraid, Hadi Mustofa, et,al., 2018, Leaders Behind SOEs: Kiprah dan Kebijakan Para Menteri SOE, Jakarta: Balai Pustaka;
Gwartney, J.D., & Stroup, R.L. 1990, Economics: Private and public choice, San Diego: Harcourt.
Hanke, S. (1987). Privatization and development. California: ICS.
Kent, C.A. (Ed.). (1987). Entrepreneurship and the privatizing of government. London, Quorum Books.
Kaletsky, A. (2010). Capitalism 4.0: the birth of a new economy. New York: Bloomsbury.
Kolderie, T. (1986). The two different concept of privatization. Public Administration Review, 46(4), 285-291.
Kusumoyoso, B. (2000). Menguatnya peran ekonomi negara: Nasionalisasi perusahaan-perusahaan Belanda di Indonesia 1957-1959. Tesis. Fakultas Ekonomi, Universitas Gadjah Mada.
Majchrzak, A. (1984). Methods for policy research. London: Sage.
Minister of State Owned Enterprises/McKinsey, Booz-Allen & Hamiltin, AT Kearney, PWC, E&Y, 1999, Second Wave State Owned Enterprises Reform Blueprint: Creating of Highly Competitive and Value Creating Indonesia Enterprises, Jakarta: Minister of State Owned Enterprises
Mondi, L. & Bardien, G. (2012). The changing role of a development finance institution in light of the financial crisis: the case of the Industrial Development Corporations conditional distress funding facility. Paper presented at Conference on The State’s Return to Business, Siem Riap, Cambodia, Feb. 9-10, 2012.
Narain, L. (2003). Public enterprise management and privatization. New Delhi: S. Cand & Company.
Nugroho, R. (1999). Indonesia state owned enterprises: Professionalism to go global. Jakarta: RBI Research.
Nugroho, Riant, & Ricky Siahaan, eds, 2008, BUMN Indonesia: Isu, Kebijakan, dan Strategi, Jakarta: Elex/Gramedia;
Nugroho, Riant, & Randy Wrihatnolo, 2002, “Pengalaman Revitalisasi BUMN”, Majalah Bappenas, Edisi 27 Tahun 2002.
Nugroho, Riant, 2008, “Reformasi SOE”, dalam Nugroho & Siahaan, eds, 2008, SOE-Indonesia: Isu, Kebijakan, dan Strategi, Jakarta: Elex/Gramedia
Nugroho, R. & Wrihatnolo, R.R. (2008). Manajemen privatisasi SOE. Jakarta: Gramedia.
Nugroho, R. (2009). Public policy. Jakarta: Elex Media Komputindo/Gramedia.
Nugroho, R. (2012). Metode penelitian kebijakan. Yogjakarta: Pustaka Pelajar.
OECD Observer. (1986). Deregulation and privatization. OECD Observer No. 132, pp 14-17.
Pera, A. (1989). Deregulation and privatization in an economy-wide context, in OEDC Economic Studies No. 12.
Rafick, Ishack, & Baso Amir, 2010, BUMN Expose: Menguak Pengelolaan Aset Negara Senilai Rp 2.000 trilyun, Jakarta: Ufuk;
Savas, E.S. (1987). Privatization: The key to better government. New Jersey: Chatham House Publishers Inc.
Shirley, M. (1988). The experience with privatization. Finance and Development, pp 34-35.
Stiglitz, J.E. (1988). Economics of the public sector. New York: W.W. Northon.
Suleiman, E.N. and Waterburry, J. (eds.). (1990). The political economy of public sector reform and privatization, Colorado: West View.
Suzuki, A. (2012). Changing role of the development Bank of Japan: From investor to key industries to provider of safety net. Paper presented at Conference on The State’s Return to Business, Siem Riap, Cambodia, Feb. 9-10, 2012.
Vickers, J. & Yarrow, G. (1988). Privatization-An economic analysis-. Cambridge: The MIT Press.
World Bank. (1995). Bureaucrats in business: The economics and politics of government ownership. Oxford: Oxford University Press.