scholarly journals Investor-State Dispute Settlement and Indonesian Reform Policy in Mining Downstream Sector

2018 ◽  
Vol 10 (4(J)) ◽  
pp. 185-196
Author(s):  
Syahrir Ika ◽  
Sigit Setiawan
Keyword(s):  
Economic Development ◽  
Literature Review ◽  
Analytical Method ◽  
Dispute Settlement ◽  
Policy Reform ◽  
National Development ◽  
Economic Sustainability ◽  
Reform Policy ◽  
Current Reform

To date, Indonesia has been facing the seventh ISDS (Investor-State Dispute Settlement) lawsuit case in ICSID, the most number of ICSID cases a particular country has in ASEAN. In the meantime, Indonesia had to initiate reform in its minerals mining sector policy since the sector had provided little benefit in Indonesian sustainable economic development thus far–a policy reform which is potentially highly exposed to ISDS lawsuit case. Yet, the reform once issued has no turning back and thus it should move forward. Indonesian reform policy to support more its mining downstream by Minerba Act issuance is intended to benefit from its scarce, limited non-renewable minerals so as to support national development and maintain its long-term interest and economic sustainability. Undoubtfully, the policy reform will be beneficial for Indonesian economy sustainability and thus it should be protected from any potential ISDS claims in the future. This study seeks to address such real, critical current challenges arising from contingent ISDS claims towards Indonesia. This study adopts a descriptive analytical method, which combines literature review, authors’ shared expertise in this field, and results of interviews and discussions with several other experts in relevant fields. This study concludes that in addressing ISDS contingent problems threatening Indonesian current reform policy in mining downstream sector, Indonesia should focus the emphasis on the prevention endeavor, those are a review of BITs and IIAs containing ISDS provisions; improvement in investment dispute management; which are mainly supported by continuous bureaucracy reform, capacity building, and better coordination. 

scholarly journals Analysis of the Role of Business Administration in Promoting Economic Development

2020 ◽  
Vol 5 (3) ◽  
pp. 110
Author(s):  
Xiaoli Ye
Keyword(s):  
Economic Development ◽  
Social Construction ◽  
National Development ◽  
Economic Globalization ◽  
Business Administration ◽  
Economic Market ◽  
Stable Development ◽  
China’S Economy

<p>As an important foundation for national development, economy is always being the focus of social construction. In order to promote better economic development, business administration needs to play a greater role to ensure the smooth operation of the economic market. Moreover, with the improvement of the development speed of economic globalization, it is both an opportunity and a challenge to China’s economic development. Therefore, it is necessary to strengthen business administration to seize opportunities and embrace challenges. Therefore, all enterprises are carrying out administration innovation to improve the efficiency of business administration. Thus, this article analyzes the role of business administration in promoting economic development, hoping to give some guidance to enterprises to promote the long-term and stable development of China’s economy.</p>

scholarly journals Sustainable Land Development In An Urban Context

2015 ◽  
Vol 23 (3) ◽  
pp. 110-119 ◽  
Author(s):  
Tom Kauko ◽  
Nikolai Siniak ◽  
Sabina Źróbek
Keyword(s):  
Economic Development ◽  
Local Economic Development ◽  
Land Development ◽  
Behavioral Approach ◽  
Economic Sustainability ◽  
Paradigm Change ◽  
Urban Context ◽  
Administrative Behavior ◽  
Institutional Approach

Abstract It can be argued that sustainable urban land development depends on the long-term viability and management success of local economic development. It can be further argued that here, economic sustainability is the key. This would furthermore signify a paradigm change to long-term administrative behavior (via an institutional approach), long-term market behavior (heterodox economics approach), and human behavior in actors’ consumption and location choices (behavioral approach). This article examines two criteria within this discourse: innovativeness and social cohesion. In doing so, it proposes a framework for empirical analysis where it is suggested that western, post-socialist and low developed cases choose different strategies due to their different starting points.

scholarly journals NATIONAL PROJECTS IN THE GOAL-SETTING SYSTEM OF SOCIAL AND ECONOMIC DEVELOPMENT OF RUSSIA

2020 ◽  
Vol 225 (5) ◽  
pp. 79-90
Author(s):  
LENCHUK ELENA B. ◽  
Keyword(s):  
Economic Development ◽  
Goal Setting ◽  
New Technologies ◽  
National Development ◽  
Planning System ◽  
Government Programs ◽  
Setting Process ◽  
The Social ◽  
Social And Economic Development

The article discusses the importance of improving the goal-setting process for solving strategic problems of national development, first of all, for the transition to a new model of economic growth based on structural transformations, innovations and new technologies, determines the place of the long-term state strategy of the social and economic development as a base component in this process. The restrictive nature of the targets for sustainable national development identified in the framework of national projects is substantiated. Particular attention is focused on the need for their integration national projects into the strategic planning system and ensure their interconnection with existing strategies and government programs.

scholarly journals Social and cultural context as an indicator of sustainability of brownfield regeneration

2015 ◽  
Vol 13 (1) ◽  
pp. 23-33 ◽  
Author(s):  
Anita Stoilkov-Koneski
Keyword(s):  
Literature Review ◽  
Cultural Context ◽  
Economic Sustainability ◽  
Brownfield Redevelopment ◽  
European Projects

The research shows the most important objectives that lead to a sustainable outcome of brownfield regeneration, based on literature review in the academic circles and leading European projects involved in brownfield regeneration. After identifying the most important drivers of the process of regeneration, the aim of the research was to identify which are the objectives that need to be strengthened in order to achieve long term sustainability of brownfield regeneration. In that matter, the main focus of the paper is social and cultural context which is an indicator of sustainability of brownfield redevelopment projects in a way that does not necessary mean economic sustainability. Social and cultural objectives of brownfield regeneration have been listed with practical examples of how they could be achieved based on positive European experiences.

scholarly journals Industrialisasi Berbasis Pertanian sebagai Grand Stratedy Pembangunan Ekonomi Nasional

2016 ◽  
Vol 18 (1-2) ◽  
pp. 1
Author(s):  
Pantjar Simatupang ◽  
Nizwar Syafa'at
Keyword(s):  
Economic Development ◽  
National Development ◽  
Development Plan ◽  
Grand Strategy ◽  
New Order ◽  
Government Accountability ◽  
New Era ◽  
Development Plans ◽  
The Government

<p><strong>English<br /></strong>As a developing economy Indonesia, should have a comprehensive integrated long-term development plan which may be used as the guideline in implementing its national economic development as well as an instrument for evaluating government accountability and credibility. The New Order regime had prepared its first and second long-term development plan for 1969-1993 and 1993-2018 successively. The twin plans, however, has led Indonesia to the 1997-1999 multi dimensions crises and is considered in appropriate in the existing new era of total reformation. It must be totally reconstructed. For this, public discussions on the need for the government to formulated the new grand strategy of national development have emerged, but up and down, in the last two years. As an active contribution to the public debase, this paper reviews previous, Indonesia development plans, others' countries experiences as well as grand theories of economic development. Then it is suggested that the agricultural based industrialization may be the most suitable one for Indonesia. The new grand strategy should be decided based on a national concensus in order to avoid the practice of just for political rhetoric's as was during the New Order regime.</p><p> </p><p><strong>Indonesian<br /></strong>Bagi negara berkembang seperti indonesia, rencana pembangunan jangka panjang komprehensif-integratif sangat di perlukan sebagai acuan pelaksanaan pembangunan dan sebagai salah satu instrumen akuntabilitas dan kredibilitas pemerintah. Pemerintahaan Orde Baru telah menyusun rancangan pembangunan jangka panjang tahap I dan II masing-masing untuk peiode 1969-1993 dan 1993-2018. Rencana jangka panjang yang disusun rejim Orde Baru tersebut terbukti membawa Indonesia kedalam krisis tahun 1997-1999 dan sudah tidak sesuai dalam era Reformasi sehingga perlu dirancang ulang. Dalam dua tahun terakhir sesungguhnya telah muncul wacana publik yang menuntut agar pemerintah segera menyusun grand strategy ( strategi besar ) pembangunan nasional. Sebagai bagian dari wacana tersebut, tulisan ini mereview tentang konsepsi strategi pembangunan selama Orde Baru, pengalaman beberapa negara lain pemikiran teoritis tentang strategi pembangunan ekonomi. Berdasarkan hasil review tersebut, disarankan agar industrialisasi berbasis pertanian (agricultural based industrialization) dijadikan sebagai strategi besar (grand strategy) pembangunan nasional. Strategi tersebut haruslah dijadikan sebagai konsensus nasional, sehingga tidak sekedar retorika politik seperti pada masa Orde Baru.</p>

Conditions for the Hi-tech Complex Development

2003 ◽  
pp. 26-39
Author(s):  
V. Maevsky ◽  
B. Kuzyk
Keyword(s):  
Economic Development ◽  
Central Bank ◽  
Developed Countries ◽  
Industrial Society ◽  
Monetary Base ◽  
Complex Development ◽  
Bank System ◽  
Post Industrial

A project for the long-term strategy of Russian break-through into post-industrial society is suggested which is directed at transformation of the hi-tech complex into the leading factor of economic development. The thesis is substantiated that there is an opportunity to realize such a strategy in case Russia shifts towards the mechanism of the monetary base growth generally accepted in developed countries: the Central Bank increases the quantity of "strong" money by means of purchasing state securities and allocates the increment of money in question according to budget priorities. At the same time for the realization of the said strategy it is necessary to partially restore savings lost during the hyperinflation period of 1992-1994 and default of 1998 and to secure development of the bank system as well as an increase of the volume of long-term credits on this base.

Russian Federalism at the Critical Stage of Development

2008 ◽  
pp. 70-83 ◽  
Author(s):  
E. Bukhvald
Keyword(s):  
Economic Development ◽  
Social Processes ◽  
Self Management ◽  
Intergovernmental Fiscal Relations ◽  
Critical Stage ◽  
Municipal Reform ◽  
Stage Of Development ◽  
Social And Economic Development ◽  
Basic Course

Transformations in the sphere of federal relations concern the most important directions of the reforming processes in the country. However, not all proposed and actually developing components of the federal reform seem well-argued and corresponding to long-term, strategic interests of the Russian statehood. The basic course of reform should meet the objective requirements of further decentralization of governing economic and social processes and the need to ensure strengthening the responsibility of RF subjects’ executive bodies and local self-management for steady social and economic development of their territories. The solution of these problems calls for a new model of federal policy of regional development, specification of some important components of the municipal reform as well as inserting certain amendments into the system of intergovernmental fiscal relations in order to stir up their stimulating function.

Russia’s Development Strategy: Guidelines and Restrictions

2008 ◽  
pp. 119-130 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Conceptual Basis ◽  
The Core ◽  
Economic Development Strategy ◽  
Socio Economic Development ◽  
Rates Of Growth

The core of Russia’s long-term socio-economic development strategy is represented by its conceptual basis. Having considered debating points about the essence and priority of the strategy, the author analyzes the logic and stages of its development as well as possibilities, restrictions and risks of high GDP rates of growth.

Economic Development in 2006 and the Future of the Russian Economy: The Non-Resource-Based Sector Potential (The Economic Report of All-Russia Business Union “Delovaya Rossiya”)

2007 ◽  
pp. 27-45
Author(s):  
B. Titov ◽  
I. Pilipenko ◽  
A. Danilov-Danilyan
Keyword(s):  
Economic Development ◽  
Free Market ◽  
Economic Report ◽  
Russian Economy ◽  
The Social ◽  
National Economic ◽  
Investment Capital ◽  
Export Industries ◽  
Sustainable Economic Growth

The report considers how the state economic policy contributes to the national economic development in the midterm perspective. It analyzes main current economic problems of the Russian economy, i.e. low effectiveness of the social system, high dependence on export industries and natural resources, high monopolization and underdeveloped free market, as well as barriers that hinder non-recourse-based business development including high tax burden, skilled labor deficit and lack of investment capital. We propose a social-oriented market economy as the Russian economic model to achieve a sustainable economic growth in the long-term perspective. This model is based on people’s prosperity and therefore expanding domestic demand that stimulates the growth of domestic non-resource-based sector which in turn can accelerate annual GDP growth rates to 10-12%. To realize this model "Delovaya Rossiya" proposes a program that consists of a number of directions and key groups of measures covering priority national projects, tax, fiscal, monetary, innovative-industrial, trade and social policies.

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