Surabaya, City of Work: A Socioeconomic History, 1900-2000
Ohio University Press, 2002 - 541 halaman
Surabaya is Indonesia's second largest city but is not well known to the outside world. Yet in 1900, Surabaya was a bigger city than Jakarta and one of the main commercial centers of Asia. Collapse of sugar exports during the 1930s depression, followed by the Japanese occupation, revolution, and independence, brought on a long period of stagnation and retreat from the international economy. Not until the export boom of the 1990s did Surabaya regain prominence as Southeast Asia's leading non-capital-city industrial area.
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Estate owners , who were now more commonly speculators , eyed the profits to
be earned from converting their land into suburbs of European housing and
chafed under their obligation to respect traditional land rights . Rents were often ...
times of rapid inflation , land and housing is usually a good hedge , so that the
hyperinflation of the mid - 1960s could have been expected to have touched off a
speculative boom in urban land and property . However , there were very
holders and consolidate tracts of land for urban development , were issued by the
central government ' s Department of Internal Affairs on advice of the provincial
governor . Jakarta - based investors could therefore make the most of their ...