Political investors: Political elite oligarchy and mastery of regional resources in Indonesia
| Author | Bonaventura Ngarawula,Kridawati Sadhana,Mohammad Hidayaturrahman |
| DOI | 10.1177/2057891120917213 |
| Published date | 01 June 2022 |
| Date | 01 June 2022 |
| Subject Matter | Research Articles on Southeast Asian Politics |
Political investors: Political
elite oligarchy and mastery
of regional resources
in Indonesia
Mohammad Hidayaturrahman
Wiraraja University, Indonesia
Bonaventura Ngarawula
Merdeka Malang University, Indonesia
Kridawati Sadhana
Merdeka Malang University, Indonesia
Abstract
The political investors in the regional head election in Indonesia are an interesting phenomenon to
be studied, as not all candidates for regional head, whether governors, regents, or mayors, have the
capital to financially support their candidacy. Meanwhile, the nomination fee from has been
increasing. For instance, in one of the regencies in Indonesia, the cost has reached 30 billion rupiah.
This provides opportunities for regional head candidates to be financed by other people or
business groups, known as political investors. This research was conducted to determine the
extended role of political investors in regional head elections. This descriptive qualitative research
collected data through in-depth interviews and observations as well as online and paper docu-
ments. The results showed that political investors play an essential role in enabling regional head
candidates to win, and that they in turn benefited from the elections.
Keywords
political economy, political investors, political oligarchy, rational choice theory
Corresponding author:
Mohammad Hidayaturrahman, Wiraraja University, KM 05 Sumenep-Pamekasan Street, Patean Sumenep Sumenap, East
Java 69451, Indonesia.
Email: hidayaturrahman@wiraraja.ac.id
Asian Journal of Comparative Politics
ªThe Author(s) 2020
Article reuse guidelines:
sagepub.com/journals-permissions
DOI: 10.1177/2057891120917213
journals.sagepub.com/home/acp
2022, Vol. 7(2) 269–281
Research Articles on outheast Asian Politics
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