IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2019-06-38.html
   My bibliography  Save this article

The Hegemony of Global Capitalism in the Regulation of Electricity: The Electricity Policies of the Selected Southeast Asian Nations

Author

Listed:
  • Paryono Paryono

    (Doctoral Program in Law Science, Muhammadiyah University, Surakarta, Indonesia,)

  • Khudzaifah Dimyati

    (Department of Law, Muhammadiyah University, Surakarta, Indonesia,)

  • Absori Absori

    (Department of Law, Muhammadiyah University, Surakarta, Indonesia,)

  • Shinta Dewi Rismawati

    (Department of Law, State Islamic Institute of Pekalongan, Indonesia.)

Abstract

This paper examines the effect of global capitalism on electricity policies in Southeast Asian countries: Singapore, the Philippines, Thailand, Malaysia and Indonesia. The purpose of this study is to get a picture of the electricity policy in a country. This research method compares the electricity regulation between countries in Southeast Asia. The results of this study are: the influence of global capitalism in electricity liberalization resulting in major changes in electricity power regulation in most Southeast Asian countries. Electricity infrastructure is mostly owned by the electricity capitalism of global capitalism. Which then makes the connection of the electrical energy system between countries for the sake of the electricity energy business. The hegemony of global capitalism plays a role through the liberalization and deregulation of electricity in Southeast Asian countries, the regulation of electricity in the Southeast Asia region is under absolute control by the power of capitalism of electricity.

Suggested Citation

  • Paryono Paryono & Khudzaifah Dimyati & Absori Absori & Shinta Dewi Rismawati, 2019. "The Hegemony of Global Capitalism in the Regulation of Electricity: The Electricity Policies of the Selected Southeast Asian Nations," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 326-335.
  • Handle: RePEc:eco:journ2:2019-06-38
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/7360/4664
    Download Restriction: no

    File URL: https://www.econjournals.com/index.php/ijeep/article/view/7360/4664
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Viktor I. Gnatyuk & Gennady V. Kretinin & Oleg R. Kivchun & Dmitry V. Lutsenko, 2018. "Potential of Energy Saving as a Tool for Increasing the Stability of Electrical Supply of the Kaliningrad Region," International Journal of Energy Economics and Policy, Econjournals, vol. 8(1), pages 137-143.
    2. Tete Saepudin, 2018. "Development of Electricity Program, Electrification Ratio with Human Development Index in West Java Province, Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 8(1), pages 227-230.
    3. Lee, Cassey, 2002. "The Institutional and Policy Framework for Regulation and Competition in Malaysia," Centre on Regulation and Competition (CRC) Working papers 30699, University of Manchester, Institute for Development Policy and Management (IDPM).
    4. Samet, Dov & Schmeidler, David, 2003. "Between liberalism and democracy," Journal of Economic Theory, Elsevier, vol. 110(2), pages 213-233, June.
    5. Caner zdurak & Veysel Ulusoy, 2017. "Impact of Vertical Integration on Electricity Prices in TurkeyImpact of Vertical Integration on Electricity Prices in Turkey," International Journal of Energy Economics and Policy, Econjournals, vol. 7(3), pages 256-267.
    6. Alexander Bass, 2018. "Does Electricity Supply Matter for Economic Growth in Russia: A Vector Error Correction Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 313-318.
    7. Elizabeth Gingerich, 2018. "Generation and Storage of Renewable Energy: Rising Parity of Emerging Economies," International Journal of Energy Economics and Policy, Econjournals, vol. 8(1), pages 17-26.
    8. Adeyemi A. Ogundipe & Opeyemi Akinyemi & Oluwatomisin M. Ogundipe, 2016. "Electricity Consumption and Economic Development in Nigeria," International Journal of Energy Economics and Policy, Econjournals, vol. 6(1), pages 134-143.
    9. Tran Dang Khoa, 2018. "Market Efficiency and Market Power in Vietnam Competitive Generation Market," International Journal of Energy Economics and Policy, Econjournals, vol. 8(1), pages 181-189.
    10. Poonpong Suksawang & Sukonthip Suphachan & Kanokkarn Kaewnuch, 2018. "Electricity Consumption Forecasting in Thailand using Hybrid Model SARIMA and Gaussian Process with Combine Kernel Function Technique," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 98-109.
    11. Mustafa Kemal Yilmaz & Necla I. Kucukcolak & R. Ali Kucukcolak, 2018. "Market Efficiency and Risk Premium in the Turkish Wholesale Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 76-88.
    12. Elkhan Richard Sadik-Zada & Wilhelm L wenstein & Mattia Ferrari, 2018. "Privatization and the Role of Sub-National Governments in the Latin American Power Sector: A Plea for Less Subsidiarity?," International Journal of Energy Economics and Policy, Econjournals, vol. 8(1), pages 95-103.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Danielle Denes dos Santos Carstens & Sieglinde Kindl da Cunha, 2018. "Solar Energy Growth in Brazil: Essential Dimensions for the Technological Transition," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 293-302.
    2. Mohamed A. Alshami & Ariba Sabah, 2020. "The Strategic Importance of Energy Consumption to Economic Growth: Evidence from the UAE," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 114-119.
    3. Egbichi Comfort & Abuh Ojamaliya & Okafor Victoria & Godwin Abigail & Adedoyin Oluwapelumi, 2018. "Dynamic Impact of Energy Consumption on the Growth of Nigeria Economy (1986-2016): Evidence from Symmetrical Autoregressive Distributed Lag Model," International Journal of Energy Economics and Policy, Econjournals, vol. 8(2), pages 188-195.
    4. Dinko Dimitrov & Ruud Hendrickx & Peter Borm, 2004. "Good and bad objects: the symmetric difference rule," Economics Bulletin, AccessEcon, vol. 4(11), pages 1-7.
    5. Simplice A. Asongu & Mushfiqur Rahman & Mohammad Alghababsheh, 2022. "Information Technology, Business Sustainability and Female Economic Participation in Sub-Saharan Africa," Working Papers 22/057, European Xtramile Centre of African Studies (EXCAS).
    6. Leo Katz & Alvaro Sandroni, 2020. "Limits on power and rationality," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 54(2), pages 507-521, March.
    7. Viktor J. Vanberg, 2023. "Liberalism and democracy: legitimacy and institutional expediency," Public Choice, Springer, vol. 195(3), pages 251-268, June.
    8. Asongu, Simplice A. & Biekpe, Nicholas & Cassimon, Danny, 2020. "Understanding the greater diffusion of mobile money innovations in Africa," Telecommunications Policy, Elsevier, vol. 44(8).
    9. Vanessa da Silva Mariotto Onody & Ana Catarina Gandra de Carvalho & Eduardo Polloni-Silva & Guilherme Augusto Roiz & Enzo Barberio Mariano & Daisy Aparecida Nascimento Rebelatto & Herick Fernando Mora, 2022. "Corruption and FDI in Brazil: Contesting the “Sand” or “Grease” Hypotheses," Sustainability, MDPI, vol. 14(10), pages 1-18, May.
    10. Hung Tran Van & Irina Onyusheva & Denis Ushakov & Radj Santhanakrishnan, 2018. "Impedimental Policies Impacting Shrinking World Solar Industry Eco-Economic Development," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 21-27.
    11. Alejandro Saporiti, 2012. "A Proof for 'Who is a J' Impossibility Theorem," Economics Bulletin, AccessEcon, vol. 32(1), pages 494-501.
    12. Eduardo Polloni-Silva & Diogo Ferraz & Flávia de Castro Camioto & Daisy Aparecida do Nascimento Rebelatto & Herick Fernando Moralles, 2021. "Environmental Kuznets Curve and the Pollution-Halo/Haven Hypotheses: An Investigation in Brazilian Municipalities," Sustainability, MDPI, vol. 13(8), pages 1-19, April.
    13. Antoine Billot, 2007. "Social consistency and individual rationality," Working Papers halshs-00588078, HAL.
    14. Sadik-Zada, Elkhan Richard & Gatto, Andrea, 2023. "Civic engagement and energy transition in the Nordic-Baltic Sea Region: Parametric and nonparametric inquiries," Socio-Economic Planning Sciences, Elsevier, vol. 87(PA).
    15. Dimitrov, Dinko & Sung, Shao Chin & Xu, Yongsheng, 2007. "Procedural group identification," Mathematical Social Sciences, Elsevier, vol. 54(2), pages 137-146, September.
    16. Hamisu S. Ali & Solomon P. Nathaniel & Gizem Uzuner & Festus V. Bekun & Samuel A. Sarkodie, 2020. "Trivariate Modelling of the Nexus between Electricity Consumption, Urbanization and Economic Growth in Nigeria: Fresh Insights from Maki Cointegration and Causality Tests," Research Africa Network Working Papers 20/010, Research Africa Network (RAN).
    17. Balázs Sziklai, 2018. "How to identify experts in a community?," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(1), pages 155-173, March.
    18. Ifeoma Christy Mba & Emmanuel Ikechukwu Mba & Jonathan Emenike Ogbuabor & Winnie Ogochukwu Arazu, 2019. "Causes and Terrain of Oil Spillage in Niger Delta Region of Nigeria: The Analysis of Variance Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 9(2), pages 283-287.
    19. Yukinori Iwata, 2022. "Ranking nomination rules on the basis of nominating power distributions," International Journal of Economic Theory, The International Society for Economic Theory, vol. 18(3), pages 382-401, September.
    20. Franz Dietrich & Christian List, 2008. "Judgment aggregation without full rationality," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 31(1), pages 15-39, June.

    More about this item

    Keywords

    Global Capitalism; Southeast Asian Countries; Electricity;
    All these keywords.

    JEL classification:

    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • P12 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Enterprises

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2019-06-38. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.