Peran Ekonomi Politik dalam Pembangunan Orde Baru: Studi Kasus pada Industri Migas

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The economic and political landscape of Indonesia during the New Order era was intricately intertwined, with the government playing a dominant role in shaping the nation's development trajectory. This influence was particularly evident in the oil and gas industry, a sector that served as a cornerstone of the Indonesian economy. This article delves into the complex relationship between political and economic forces in the New Order, focusing on the oil and gas industry as a case study to understand how these forces shaped the country's development.

The New Order's Economic Policy and the Rise of Oil and Gas

The New Order government, under the leadership of President Suharto, implemented a series of economic policies aimed at achieving rapid economic growth and national development. These policies, often referred to as the "New Order Economic Miracle," prioritized industrialization, export-oriented growth, and foreign investment. The oil and gas industry, with its vast reserves and global demand, became a central pillar of this economic strategy. The government actively promoted the development of the sector, granting concessions to foreign companies and establishing state-owned enterprises to manage the industry. This strategy led to a significant increase in oil and gas production, contributing substantially to Indonesia's economic growth.

The Political Influence on Oil and Gas Development

The New Order government's control over the oil and gas industry extended beyond economic policy. The government wielded significant political influence, using the sector as a tool to consolidate its power and maintain stability. The oil and gas industry generated substantial revenue, which the government used to fund its development programs and maintain its grip on power. The government also used its control over the industry to reward loyal supporters and suppress dissent. This political influence created a system where economic decisions were often driven by political considerations, potentially leading to inefficiencies and corruption.

The Impact of Oil and Gas on the Indonesian Economy

The oil and gas industry played a pivotal role in shaping the Indonesian economy during the New Order. The sector's contribution to government revenue, employment, and foreign exchange earnings was substantial. However, the reliance on oil and gas also created vulnerabilities. The fluctuating global oil prices and the depletion of oil reserves posed significant challenges to the Indonesian economy. Moreover, the government's focus on oil and gas development led to neglect of other sectors, hindering the diversification of the economy.

The Legacy of the New Order's Oil and Gas Policy

The New Order's economic and political policies, particularly in the oil and gas sector, left a lasting impact on Indonesia. The country's economic growth during this period was impressive, but it came at a cost. The concentration of power and wealth in the hands of a few, the lack of transparency and accountability, and the environmental damage caused by oil and gas extraction created significant challenges for subsequent governments. The legacy of the New Order's oil and gas policy continues to shape the Indonesian economy and its political landscape today.

The New Order's economic and political policies, particularly in the oil and gas sector, had a profound impact on Indonesia's development. While the industry contributed significantly to economic growth, the government's control over the sector also led to political influence, economic vulnerabilities, and environmental concerns. The legacy of the New Order's oil and gas policy continues to shape the Indonesian economy and its political landscape today, highlighting the complex interplay between economic and political forces in shaping national development.