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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
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    References listed on IDEAS

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    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

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