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

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Title The exemplification of governance principles within state asset management laws and policies: the case of indonesia
Author Mardiasmo, Diaswati; Sampford, Charles John; Barnes, Paul N.
Publication Title Proceedings of the 5th World Congress on Engineering Asset Management
Editor Jinji, Goa, Lee, Jay, Ni, Jun, Ma, Lin, & Mathew, Joseph
Year Published 2010
Place of publication United States
Publisher Springer
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
Peer Reviewed No
Published Yes
Publisher URI
ISBN 9780857293015
Conference name 5th World Congress on Engineering Asset Management (WCEAM)
Location Brisbane
Date From 2010-10-25
Date To 2010-12-27
Date Accessioned 2011-12-02; 2012-03-12T05:42:44Z
Date Available 2012-03-12T05:42:44Z
Research Centre Key Centre for Ethics, Law, Justice and Governance
Faculty Arts, Education and Law
Subject Law
Publication Type Conference Publications (Full Written Paper - Non-Refereed)
Publication Type Code e2

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