The Indonesian economy was dominated by the government in the decades of the 1970s and 1980s through its control of major mining, manufacturing and agricultural activities. Hill (2000) estimates that as much as 40% of non-agricultural GDP was accounted for by government entities in the late 1980s There were still a lot of government corporations up until the late 1980s and early 1990s and governmental control over the banking system was still substantial.
Dowling, John Malcolm.
Competition Policy in Indonesia. (2006). Research Collection School Of Economics.
Available at: https://ink.library.smu.edu.sg/soe_research/871
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