Jakarta’s great land transformation : Hybrid neoliberalisation and informality (Record no. 11362)

MARC details
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fixed length control field 02686nab a2200253 4500
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control field 20210226113156.0
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Herlambang, Suryono
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Title Jakarta’s great land transformation : Hybrid neoliberalisation and informality
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Sage
Date of publication, distribution, etc 2019
300 ## - PHYSICAL DESCRIPTION
Pages Vol 56, Issue 4, 2019 : (627-648 p.)
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Summary, etc We analyse dramatic land transformations in the greater Jakarta metropolitan area since 1988: large-scale private-sector development projects in central city and peri-urban locations. These transformations are shaped both by Jakarta’s shifting conjunctural positionality within global political economic processes and by Indonesia’s hybrid political economy. While influenced by neoliberalisation, Indonesia’s political economy is a hybrid formation, in which neoliberalisation coevolves with long-standing, resilient oligarchic power structures and contestations by the urban majority. Three persistent features shape these transformations: the predominance of large Indonesian conglomerates’ development arms and stand-alone developers; the shaping role of elite informal networks connecting the development industry with state actors; and steadily increasing foreign involvement and investment in the development industry, accelerating recently. We identify three eras characterised by distinct types of urban transformation. Under autocratic neoliberalising urbanism (1988–1997) peri-urban shopping centre development predominated, with large Indonesian developers taking advantage of close links with the Suharto family. The increased indebtedness of these firms became debilitating after the 1997 Asian Financial Crisis. Thus post-Suharto democratic neoliberalising urbanism (1998–2005) was a period of minimal investment, except for shopping centres in DKI Jakarta facilitating a consumption-led strategy of recovery from 1997, and the active restructuring of elite informality. Rescaled neoliberalising urbanism (2006–present) saw the recovery of major developers, renewed access to finance, including foreign capital, and the construction of ever-more spectacular integrated superblock developments in DKI Jakarta and peri-urban new towns.
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Subject elite informality
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Subject real estate mega-projects
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Subject neoliberalising urbanism
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Subject hybrid political economies
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Added Entry Personal Name Leitner, Helga
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Added Entry Personal Name Tjung, Liong Ju
773 0# - HOST ITEM ENTRY
Host Biblionumber 11188
Host Itemnumber 15499
Place, publisher, and date of publication sage, 2019.
Title Urban studies
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Uniform Resource Identifier https://doi.org/10.1177/0042098018756556
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Koha item type Articles
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