Business in Indonesia: New Challenges, Old Problems

GLOSSARY

$ US dollars ACILS American Center for International Labor Solidarity ADB Asian Development Bank AFTA ASEAN Free Trade Area ANU Australian National University APBD Anggaran Pendapatan dan Belanja Daerah (local government budget) Apindo Asosiasi Pengusaha Indonesia (Employers Association of Indonesia) Apkasi Asosiasi Pemerintah Kabupaten Seluruh Indonesia (Association of Indonesian Districts/District Heads) ASEAN Association of Southeast Asian Nations Bapepam Badan Pelaksana Pasar Modal (Capital Market Supervisory Agency) Bappenas Badan Perencanaan Pembangunan Nasional (National Development Planning Agency) BCA Bank Central Asia Benteng policy of granting pribumi importers privileged access to import licences in the early years of independence BIN Badan Intelijen Nasional (National Intelligence Agency) BKPM Badan Koordinasi Penanaman Modal (Investment Coordinating Board) BLBI Bantuan Likuiditas Bank Indonesia (Bank Indonesia Liquidity Support for banks) BNI Bank Negara Indonesia (State Bank of Indonesia, a stateowned commercial bank) xv GLOSSARY BPK Badan Pemeriksaan Keuangan (Supreme Audit Agency) BPS Badan Pusat Statistik (Statistics Indonesia, the Central Statistics Agency, formerly Central Bureau of Statistics) BPSP Badan Penyelesaian Sengketa Pajak (Tax Disputes Settlement Agency) BRI Bank Rakyat Indonesia (Indonesian People’s Bank, a state-owned bank specialising in microfinance and smallscale enterprises) BUMN Badan Usaha Milik Negara (state-owned enterprise) bupati head of a kabupaten (district) bumiputera indigenous Malays (literally, ‘sons of the soil’) CAR capital adequacy ratio CEO chief executive officer CGI Consultative Group on Indonesia CODB cost of doing business CPI consumer price index CR current ratio of assets to liabilities CSPA conditional sale and purchase agreement (between Cemex and the Government of Indonesia) D/E debt–equity ratio DAU Dana Alokasi Umum (General Allocation Fund, General Purpose Fund, or fiscal equalisation transfer to regions) DI Daerah Istimewa (Special Region) DKI Daerah Khusus Ibukota (Special Capital Region) DPD Dewan Perwakilan Daerah (Council of Regional Representatives) DPR Dewan Perwakilan Rakyat (People’s Representative Council, Indonesia’s parliament) ECFIN Institute for Economics and Financial Research EU European Union FBSI Federasi Buruh Seluruh Indonesia (All-Indonesia Labour Federation) FDI foreign direct investment FEUI Fakultas Ekonomi Universitas Indonesia (Faculty of Economics, University of Indonesia) FNPBI Front Nasional Perjuangan Buruh Indonesia (National Front for Indonesian Workers’ Struggle) FSPM Federasi Serikat Pekerja Mandiri (Federation of Independent Workers’ Unions) xvi GLOSSARY FSPSI Federasi Serikat Pekerja Selurah (Federation of AllIndonesia Workers’ Unions) FSPSI-Reformasi Federasi Serikat Pekerja Selurah-Reformasi (Reformed Federation of All-Indonesia Workers’ Unions) FSU Forum Solidaritas Unionis (Unionists’ Solidarity Forum) GAM Gerakan Aceh Merdeka (Free Aceh Movement) GDP gross domestic product Golkar Golongan Karya (the state political party under the New Order, and one of the major post-New Order parties) GRDP gross regional domestic product GSBI Gabungan Serikat Buruh Independen (Association of Independent Labour Unions) haj pilgrimage to Mecca HMI Himpunan Mahasiswa Islam (Islamic Students’ Association) IBRA Indonesian Bank Restructuring Agency (also known as BPPN, National Banking Rehabilitation Agency) ICFTU International Confederation of Free Trade Unions ICG International Crisis Group ICMI Ikatan Cendekiawan Muslimin Indonesia (Indonesian Association of Muslim Intellectuals) ICSID International Centre for Settlement of Investment Disputes ILO International Labour Organization IMF International Monetary Fund Indonesia Bangkit Indonesia Arises (coalition of economists and other intellectuals who advocate ending Indonesia’s relationship with the IMF) Inpres Instruksi Presiden (Presidential Instruction, a program of special grants from the central government) IPO initial public offering IPTN Industri Pesawat Terbang Nusantara (Indonesia’s stateowned aircraft manufacturing industry) ISIC International Standard Industrial Classification IUF International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers’ Associations JBIC Japan Bank for International Cooperation JI Jemaah Islamiyah GLOSSARY xvii jilbab headscarf JSE Jakarta Stock Exchange kabupaten district Kadin Kamar Dagang dan Industri (Chamber of Commerce and Industry) Kapet Kawasan Pengembangan Ekonomi Terpadu (Integrated Economic Development Zones) Kepmen Keputusan Menteri (Ministerial Decree) KHM Kebutuhan Hidup Minimum (Minimum Subsistence Needs [index]) KKN korupsi, kolusi, nepotisme (corruption, collusion, nepotism) KL Kehidupan Layak (Appropriate Standard of Living [index]) Kopassus Komando Pasukan Khusus (Special Forces Command) Korpri Korps Pegawai Republik Indonesia (Indonesian Civil Servants Corps) kota city, municipality KPC Kaltim Prima Coal KPEN Komite Pemulihan Ekonomi Nasional (Committee for National Economic Recovery) KPK Komisi Pemberantasan Korupsi (Corruption Eradication Commission) KPKPN Komisi Pemeriksa Kekayaan Penyelenggara Negara (Public Officials’ Wealth Audit Commission) KPPOD Komite Pemantauan Pelaksanaan Otonomi Daerah (Regional Autonomy Watch) KPPU Komisi Pengawas Persaingan Usaha (Business Competition Supervisory Commission) KSBI Konfederasi Serikat Buruh Indonesia (Indonesian Confederation of Trade Unions) KSBSI Konfederasi Serikat Buruh Sejahtera Indonesia (Indonesian Confederation of Prosperous Trade Unions) KSPSI Konfederasi Serikat Pekerja Seluruh Indonesia (Confederation of All-Indonesian Trade Unions) KSO kerjasama operasi (joint operation...