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Surplus Dutch Colonial Big Profits in Indonesia 1878-1942

Author

Listed:
  • Sumardi

    (Universitas Jember, Jalan Kalimantan No. 37 Tegalboto, 68121, Jember, Indonesia Author-2-Name: Aryni Ayu Author-2-Workplace-Name: Universitas Jember, Jalan Kalimantan No. 37 Tegalboto, 68121, Jember, Indonesia Author-3-Name: M. Naim Author-3-Workplace-Name: Universitas Jember, Jalan Kalimantan No. 37 Tegalboto, 68121, Jember, Indonesia Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)

Abstract

Objective - This study aims to analyse the Colonial Drain process to prove the colonial land profits based on the theoretical framework. The Surplus Colonial Profit is conceptualized through the term "colonial drain". The study uses historical economics based on the theories of Lenin Imperialism and Gramsci's Hegemony. Methodology/Technique - This research will draw upon both primary and secondary sources. The primary sources include official and organizational publications including The Netherlands-Indies. The secondary sources include all relevant published and unpublished materials collected from diverse sources. Finding - The calculation of the surplus of colonial profits is scrutinized using historical causality by Gramsci's Hegemony theory to strengthen the data where the profits are obtained from public and private companies, and beyond predictions, "private profits" became the biggest commodity. Research Limitations / Implications - This research provides a basis for determining the direction of Indonesia's future economic development, and can also be a consideration of recent Indonesian lawsuits regarding Dutch debt, and can be a useful for reference material for further research. Novelty - Royal Dutch wealth was obtained from international trade and shipping of goods to Europe and ranges from 5.29 billion in 1878-1939 in the trade, services, international shipping sectors for and from Indonesia. This means that about 1 billion guilders missed from the recording of previous research that was around 4.12 billion.

Suggested Citation

  • Sumardi, 2019. "Surplus Dutch Colonial Big Profits in Indonesia 1878-1942," GATR Journals jber172, Global Academy of Training and Research (GATR) Enterprise.
  • Handle: RePEc:gtr:gatrjs:jber172
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    References listed on IDEAS

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    1. repec:dgr:rugggd:199839 is not listed on IDEAS
    2. Eng, Pierre van der, 1998. "Economic benefits from colonial assets : the case of the Netherlands and Indonesia 1870-1958," GGDC Research Memorandum 199839, Groningen Growth and Development Centre, University of Groningen.
    3. repec:cup:cbooks:9781107039698 is not listed on IDEAS
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    More about this item

    Keywords

    Colonial Drain; Profits; Surplus; Metropolitan Economics; Dutch.;
    All these keywords.

    JEL classification:

    • N00 - Economic History - - General - - - General
    • N - Economic History

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