Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Initiating the Concept of Nationality: Nationalization of Natural Resources Management in Indonesia

Author(s): Muhammad Ilham Arisaputra, Irwansyah Zulkifli Aspan, Ariani Arifin, Ahsan Yunus

Nationalization of natural resource management through the transformation of corporates that manage natural resources into national corporate in line with the mandate of the constitution. The domination of the State for corporate that exercises business activities in the field of natural resources is a necessity because natural resources are related to human life and livelihood, social justice and the welfare of the nation and State. The nationalization of natural resource management through the transformation of corporates that manage natural resources can have a positive impact on the independence of country. Through this nationalization policy, the State can control the ownership, control, use and utilization of natural resources so that the State can be economically independent and the objectives of the State to improve welfare can be realized.

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