
New Books in Political Science Eve Warburton, "Resource Nationalism in Indonesia: Booms, Big Business, and the State" (Cornell UP, 2023)
Jan 12, 2026
Eve Warburton, Director of the ANU Indonesia Institute and expert in Indonesian political economy, discusses her book on resource nationalism. She reveals how Indonesia's major commodity booms led to intensified nationalist policies, particularly after the 21st-century boom ended. Warburton explains the rise of domestic businesses and their influence on these policies, highlighting disparities in nationalism between sectors like mining and palm oil. She also addresses the complexities of competition between firms and state interests, and previews her upcoming research on businesspeople in politics.
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Core Meaning And Conventional Pattern
- Resource nationalism centers on who owns and benefits from natural resources, limiting foreign ownership and expanding local control.
- Conventional wisdom links nationalist policy intensity to commodity price booms and retreats when prices fall.
Newmont’s Exit From Batu Hijau
- Newmont decided to exit its Batu Hijau gold and copper mine amid forced divestment and smelting demands.
- The sale to local oil magnate Arifin Panigoro exemplifies foreign exits and rising domestic owners in mining.
Domestic Tycoons Drive Persistent Nationalism
- The persistence of 21st-century Indonesian resource nationalism owes to the rise of domestic extractive business interests.
- New local coal and mining tycoons gained profits and political influence during and after the coal boom, sustaining nationalist policies.

