The exemplification of governance principles within state asset management laws and policies : the case of Indonesia

Mardiasmo, Diaswati, Barnes, Paul H., & Sampford, Charles (2012) The exemplification of governance principles within state asset management laws and policies : the case of Indonesia. In Mathew, Joseph & Ma, Lin (Eds.) Engineering Asset Management and Infrastructure Sustainability. Springer, London, pp. 613-631.

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Abstract

Efficient state asset management is crucial for governments as they facilitate the fulfillment of their public functions, which include the provision of essential services and other public administration support. In recent times economies internationally and particularly in South east Asia, have displayed increased recognition of the importance of efficiencies across state asset management law, policies and practice. This has been exemplified by a surge in notable instances of reform in state asset management. A prominent theme in this phenomenon is the consideration of governance principles within the re-conceptualization of state asset management law and related policy, with many countries recognizing variability in the quality of asset governance and opportunities for profit as being critical factors. This issue is very current in Indonesia where a major reform process in this area has been confirmed by the establishment of a new Directorate of State Asset Management. The incumbent Director-General of State Asset Management has confirmed a re-emphasis on adherence to governance principles within applicable state asset management law and policy reform. This paper reviews aspects of the challenge of reviewing and reforming Indonesian practice within state asset management law and policy specifically related to public housing, public buildings, parklands, and vacant land. A critical issue in beginning this review is how Indonesia currently conceptualizes the notion of asset governance and how this meaning is embodied in recent changes in law and policy and importantly in options for future change. This paper discusses the potential complexities uniquely Indonesian characteristics such as decentralisation and regional autonomy regime, political history, and bureaucratic culture.

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ID Code: 57825
Item Type: Book Chapter
Keywords: Asset management, Asset Governance, Indonesia, Public Asset Infrastructure, Bureaucratic Reform and Governance, Asset management policy and law
DOI: 10.1007/978-0-85729-493-7_48
ISBN: 9780857293015
Subjects: Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000)
Divisions: Current > Research Centres > CRC Integrated Engineering Asset Management (CIEAM)
Current > QUT Faculties and Divisions > Faculty of Health
Current > QUT Faculties and Divisions > Faculty of Law
Current > Research Centres > Law and Justice Research Centre
Current > Schools > School of Public Health & Social Work
Copyright Owner: Copyright 2012 Springer
Copyright Statement: The original publication is available at SpringerLink
http://www.springerlink.com
Deposited On: 07 Mar 2013 01:19
Last Modified: 13 Oct 2015 01:24

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