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Liberalisation of Foreign Investment Law in Indonesia

Liberalisation of Foreign Investment Law in Indonesia
An An Chandrawulan
Universitas Padjadjaran, Buku Referensi Law, Governance and World Order : Liberalisation of Foreign Invesment Law in Indonesia Tahun 2012 ISBN 978-87-994854-2-0
Bahasa Inggris
Universitas Padjadjaran, Buku Referensi Law, Governance and World Order : Liberalisation of Foreign Invesment Law in Indonesia Tahun 2012 ISBN 978-87-994854-2-0
,

The liberalization of economy is the existing phenomenon affecting developed and developing countries. They have, to a greater extent, aftected the international trade regulation and foreign investment. As a sovereign state, with its own economic system based on Article 33 of the 1945 Constitution and Pancasila. Indonesia must have to adopt itself to the era of globalization and liberalization in such a way that it may be able to partake in the global economy through the international trade and foreign investment. The research seeks to demonstrates, firstly, the globalization and liberalization of economy have increased the economic dependence through international trade and direct foreign investment. In addition, the economic liberalization embodied in the WTO has substantial impact upon the investment regulation in Indonesia. The research also demonstrited that the economic globalization and liberalization are actualy against the principle of economic democracy as contained in the 1945 Constitution of the Republic of lndonesia

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