Ma'arif, Syamsul (2018) CHANGE DYNAMICS OF NATIONAL PETROLEUM POLICY: From State Centered to Market Capitalism. In: Indonesia International Conference of Interdisciplinary Studies, 9-10 September 2018, Novotel Hotel, Bandar Lampung. (In Press)

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Abstract

This study is aimed at explaining scarcity of domestic oil supply in Indonesia after more than one decade the Government implement liberalization over petroleum sector under supervision of IMF. By using comparison to three periods of oil national policy, this study shows that significant change has happened in connection to role of the Government in economic. National economics, especially market of strategic commodity like petroleum sector, recently become 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 can make security of domestic petroleum supply become more and more guaranted. However, Indonesia for last more one decade in fact always experienced scarcity of domestic petroleum supply. In additional, domestic petroleum price tend to uncertain and instable as the result of fluctuation of global oil price. Thus, liberalization in contrary has made domestic energy surveilence become vulnerable to external shock. Scarcity of supply, uncertainty of price and instability, at the last rise as the result of 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: 12 Nov 2018 09:41
Last Modified: 12 Nov 2018 09:41
URI: http://repository.lppm.unila.ac.id/id/eprint/9788

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