The Significance of the Nickel Ore Export Prohibition for Indonesia in Consolidating Its Middle-Income Status in the World System
(2024) SIMZ11 20241Graduate School
- Abstract
- This thesis aims to analyze the significance of the nickel ore export ban for Indonesia in the context of the global political economy, considering Indonesia's status as a Middle-Income (MI) country seeking to advance its economy. Drawing upon dependency theory and World System Theory (WST), Indonesia is assumed to transition from an MI country to a core economy by halting the export of raw materials to developed countries and instead increasing the production of manufactured goods. This study also examines Indonesia's reliance on foreign capital to support nickel downstreaming and industrialization. Both theories offer alternative insights into how the proliferation of global capitalism, coupled with the Indonesian authorities' lack of... (More)
- This thesis aims to analyze the significance of the nickel ore export ban for Indonesia in the context of the global political economy, considering Indonesia's status as a Middle-Income (MI) country seeking to advance its economy. Drawing upon dependency theory and World System Theory (WST), Indonesia is assumed to transition from an MI country to a core economy by halting the export of raw materials to developed countries and instead increasing the production of manufactured goods. This study also examines Indonesia's reliance on foreign capital to support nickel downstreaming and industrialization. Both theories offer alternative insights into how the proliferation of global capitalism, coupled with the Indonesian authorities' lack of sufficient control over excessive foreign capital, can result in hidden costs affecting sustainability issues within the country. This further leads to biased economic growth and perpetuates Indonesia's challenges as an MI country in its consolidation toward becoming a developed nation. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9161036
- author
- Pribadi, Raden LU
- supervisor
- organization
- course
- SIMZ11 20241
- year
- 2024
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Nickel, Global Political Economy, Dependency Theory, World Systems Theory, Indonesia, Middle-Income Country
- language
- English
- id
- 9161036
- date added to LUP
- 2024-06-26 12:39:26
- date last changed
- 2024-06-26 12:39:26
@misc{9161036, abstract = {{This thesis aims to analyze the significance of the nickel ore export ban for Indonesia in the context of the global political economy, considering Indonesia's status as a Middle-Income (MI) country seeking to advance its economy. Drawing upon dependency theory and World System Theory (WST), Indonesia is assumed to transition from an MI country to a core economy by halting the export of raw materials to developed countries and instead increasing the production of manufactured goods. This study also examines Indonesia's reliance on foreign capital to support nickel downstreaming and industrialization. Both theories offer alternative insights into how the proliferation of global capitalism, coupled with the Indonesian authorities' lack of sufficient control over excessive foreign capital, can result in hidden costs affecting sustainability issues within the country. This further leads to biased economic growth and perpetuates Indonesia's challenges as an MI country in its consolidation toward becoming a developed nation.}}, author = {{Pribadi, Raden}}, language = {{eng}}, note = {{Student Paper}}, title = {{The Significance of the Nickel Ore Export Prohibition for Indonesia in Consolidating Its Middle-Income Status in the World System}}, year = {{2024}}, }