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The Significance of the Nickel Ore Export Prohibition for Indonesia in Consolidating Its Middle-Income Status in the World System

Pribadi, Raden LU (2024) SIMZ11 20241
Graduate 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)
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author
Pribadi, Raden LU
supervisor
organization
course
SIMZ11 20241
year
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}},
}