Foreign direct investment in gold mining in developing countries : an analysis of award and implementation of the contract of work system in Indonesia /
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(Published version)
Date
2000
Authors
Bhasin, Balbir,
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thesis
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Abstract
This study is aimed at analysing the unique Indonesian method of foreign investment in mining known as the Contract of Work system. It started off as a coherent way of looking at benefits to both parties - the investor and the host country - with the major factors of security of tenure and lex specialis method of ensuring that taxation and other regulations remained constant. Those factors were changed thus undermining the system and led to the decline in foreign investment. Simultaneously, the general breakdown of social rules because of the lack of regional development resulted in further disincentives for miners to even stay operating. Illegal miners occupied operating mines and exploration areas with the government forces failing to stop this. The creeping demands put on the foreign investing community by way of taxation and royalty payments were further disincentives to foreign investment.
School/Discipline
University of South Australia. International Graduate School of Management.
International Graduate School of Management.
International Graduate School of Management.
Dissertation Note
Thesis (PhD)--University of South Australia, 2000.
Provenance
Copyright 2000 Balbir B. Bhasin
Description
1 ethesis (xiv, 494 pages)
Includes bibliographical references (pages 224-243)
Includes bibliographical references (pages 224-243)
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506 0#$fstar $2Unrestricted online access