Maarif, Syamsul CHANGE DYNAMICS OF NATIONAL PETROLEUM POLICY: Indonesia Experience. In: International Indonesia Conference on Interdisciplinary Studies (IICIS), 9-10 September 2018, Novotel Bandar Lampung.

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This study was aimed at explaining scarcity of domestic oil supply in Indonesia after more than one decade the Government implemented liberalization over petroleum sector under supervision of IMF. By using comparison to three periods of oil national policy, this study showed that significant change had happened in connection to role of the Government in economic. National economics, especially market of strategic commodity like petroleum sector, became more and more opened for foreign corporation to operate since the Government launched liberalization. Theoretically, the involvement of private sector especially foreign corporations in managing petroleum sector expectedly could make security of domestic petroleum supply became more and more guaranteed. However, Indonesia for more last decade in fact always experienced scarcity of domestic petroleum supply. In additional, domestic petroleum price tended to uncertain and instable as the result of fluctuation of global oil price. Thus, liberalization in contrary had made domestic energy surveillance became vulnerable to external shock. Scarcity of supply, uncertainty of price and instability, at the last rose as the result of policy failure. Key Word: Liberalization, Oil Supply, Policy Failure

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Fakultas Ilmu Sosial dan Ilmu Politik (FISIP) > Prodi Administrasi Negara
Depositing User: Syamsul Ma'arif
Date Deposited: 09 May 2019 03:07
Last Modified: 09 May 2019 03:07

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