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Does Democratization Promote Competition? : Indonesian Manufacturing Pre and Post Suharto / Mary Hallward-Driemeier.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Hallward-Driemeier, Mary.
Contributor:
Hallward-Driemeier, Mary
Kochanova, Anna
Rijkers, Bob
Series:
Policy research working papers.
World Bank e-Library.
Language:
English
Subjects (All):
Competition Policy.
Corporate Governance and Corruption.
Corruption.
Cronyism.
Democracy.
Democratic Government.
Firm Dynamics.
Governance.
Manufacturing.
Political Connections.
Political Turnover.
Private Sector Development.
Public Sector Development.
State-Business Relationships.
Local Subjects:
Competition Policy.
Corporate Governance and Corruption.
Corruption.
Cronyism.
Democracy.
Democratic Government.
Firm Dynamics.
Governance.
Manufacturing.
Political Connections.
Political Turnover.
Private Sector Development.
Public Sector Development.
State-Business Relationships.
Physical Description:
1 online resource (76 pages)
Other Title:
Does Democratization Promote Competition?
Place of Publication:
Washington, D.C. : The World Bank, 2020.
System Details:
data file
Summary:
Does democratization promote economic competition? This paper documents that the disruption of political connections associated with Suharto's fall had a modest pro-competitive effect on Indonesian manufacturing industries in which his family had extensive business interests. Firms with connections to Suharto lost substantial market share following his resignation. Industries in which Suharto family firms had larger market share during his tenure exhibited weak improvements in broader measures of competition in the post-Suharto era relative to industries in which Suharto firms had not been important players.

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