Analysis Links Malaysian Capital Accumulation to Indonesian Resource Use
1 report, 1 independent
Updated 00:21
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What happened
A report argues that the haze over Southeast Asia is related to transborder capital formation. This cycle is linked to Malaysian capital accumulation, land dispossession in Indonesia, and financial intermediation by Singapore. The process is described in three stages, starting with Malaysian capital accumulation during the 1970s New Economic Policy.
From aliran.com
Why it matters
The analysis details how the New Economic Policy in the 1970s supported capital accumulation through government-linked investment companies and firms, often involving Umno-linked patronage. This accumulation was protected by state regulation and narrow economic nationalism.
From aliran.com
Who's involved
- IndonesiaThe geopolitical state where land dispossession and resource use occur
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The entities involved
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Indonesia
island country in Southeast Asia and Oceania
Related events
- Economic zones are accelerating national economic growth in Indonesia.
- OJK enforced capital market reforms and supported national development in Indonesia on October 1, 2026.
- Indonesian and Thai economies are facing global stress, coping with the fallout of the US-Iran war, while financial institutions monitor the situation.