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Emerging Challenges to Domestic Implementation of Portfolio Investments Liberalization

In: The Rise of the Indonesian Financial Service Authority

Author

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  • Chandra Kusuma

    (Ministry of Finance of the Republic of Indonesia)

Abstract

The operationalization of “agents-in-context” approach throughout this chapter deals mainly with the wider structural contexts. The approach is operationalized here through identifying other wider structural contexts that are used by the Indonesian FSA agents to stymie the domestic portfolio liberalization process. The empirical evidences shown in this chapter exhibit that how FSA agents halt or delay domestic implementation of ASEAN portfolio investment liberalization using the identified other wider structural contexts. The enactment of this new Trading Law in Indonesia may pose a further stumbling block for ASEAN to achieve a more liberalized regional regime of portfolio investments.

Suggested Citation

  • Chandra Kusuma, 2022. "Emerging Challenges to Domestic Implementation of Portfolio Investments Liberalization," Springer Books, in: The Rise of the Indonesian Financial Service Authority, chapter 0, pages 149-171, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-3850-4_5
    DOI: 10.1007/978-981-19-3850-4_5
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    Keywords

    New Trading Law; Ratification Process;

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