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Journal : Pena Justisia: Media Komunikasi dan Kajian Hukum

Law and Investment Comparison in Australia, South Korea, and Indonesia Montayana Meher; Sirait, Ningrum Natasya; Mahmuddin
Pena Justisia: Media Komunikasi dan Kajian Hukum Vol. 24 No. 1 (2025): Pena Justisia
Publisher : Faculty of Law, Universitas Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31941/pj.v24i2.6485

Abstract

This essay examines the legal and policy frameworks regulating foreign direct investment (FDI) in Australia, South Korea, and Indonesia by focusing on three key areas of law: national laws on foreign investment (including treaties), competition and consumer law, and anti-corruption law. These legal domains significantly influence the decisions and risk assessments of outbound investors. The study highlights how each country’s legal system—Australia’s common law versus South Korea’s and Indonesia’s civil law traditions—affects FDI regulation. It also contrasts developed (Australia and South Korea) and developing (Indonesia) economies, revealing distinct challenges and opportunities in attracting sustainable FDI. Comparative legal analysis is used to assess the effectiveness and limitations of existing frameworks, especially in the context of pre- and post-pandemic reforms. While Australia and South Korea are seen as stable and secure environments for investment, Indonesia, despite being high-risk, offers potentially higher returns. The essay argues that legal clarity and effective governance—especially in anti-corruption and competition regulation—play a critical role in fostering investor confidence. Using a normative legal research method with descriptive, analytical, and case study approaches, the essay concludes that comprehensive understanding of these legal areas is essential for minimizing investment risks and promoting sustainable FDI flows.
Co-Authors Abdul Mannang Afriansyah Purba AGUS Agusalim, M. Agussalim, M. Ahmad Adhyaksa Aldo Rahmat Pakpahan Amansyah Andi Anggi Kemalasari Anggreawan Wardana, Dony Asmayanti Azhar Azhar Aziz Torang Koto Bambang Tripoli Barsihannor Carry Rafles Naibah Chairad, Muhammad Charles Prakas Purba Depi Lisnawati Dewi, Rahma Ellok Gita Fadia Fadhlan Muchlas Abrori Farizal, Teuku Fitra Widya Wati Fitrah Widya Wati Halim, Nur hasbi hasbi Hasisa Haruna Hasnawia Herawan Hisanan Herti Prastitasari Hidayat, Taufiq Al Ika Wisudawaty Imelda Rosiana Indo Santalia Indry Natalia Tambunan Irfan Yunus Jamir, M Johannes Kristopel Manullang Kevin Hezekiel Sitinjak Krish Dwi Sadewa Pakpahan Kurnaesih, Uun M, Agusalim Maidi Saputra Mansida, Amrullah Maria Olfah Mas'ud Uqbah Al Ansyari Mitha Evalista Mohamad Rifal Montayana Meher Muh. Rizah Putrawan Muhajirin, Muhajirin Muhammad Akbar Muhammad Faisal Muhsinah Annisa Murtiadi Awaluddin Nafis, Andi Ahmad Zahri Najwa Ni Luh Ketut Ayu Sudha Sucandrawati NINGRUM NATASYA SIRAIT Norlidia Nur Halim Otje Herman Wibowo Pahrul, Pahrul Pane, Bessy Sitorus Putra, M. Sandi Putri Enjel Sitorus Rafael Bonansius Hasudungan Nahampun Rif'an Syafruddin Rifaldo Pido Rifandi, Arif Rinaldy Rinaldy Rini Hadiyati Rita Fazlina Rovanita Rama Ruki Ambar Arum Samsul Fajeri Septian, Abdi Simbolon, Incen Martinus Sopian Siregar Sriwanti Belani Sudarmi Sumiati Tahir Syam, Agus Syukri Himran Teguh Prasetio Uqbah Al Ansyari Van Assel Simangunsong Veranita Veranita Wangsa, Fithriyah Arief Widia Willy Hope Sigalingging Wisron Situmorang Wisudawaty, Ika Wulan Purnamasari Yulandra, Rianty Yulianti Yusniar Zakir Husin Zuhrami DE Zuhrami DE Zulkifly Zulyaden, Zulyaden