Reassessing Sovereignty and Sustainability in Nickel Downstreaming: An Economic Analysis of Indonesia’s Legal Framework

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Downstreaming policy in nickel industry shows state sovereignty, yet results in environmental harm and social disparities.
Current regulations fail to uphold sustainability principles, indicating a need for reform to address negative externalities.
Employing an economic analysis of law framework reveals inefficiencies in nickel regulatory practices in Indonesia.
Regulatory reform is crucial to promote legal certainty, environmental preservation, and equitable resource distribution.

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Economic analysis evaluates Indonesia's nickel downstreaming regulations for sustainability and social justice.

Setiawan et al. (2025) studied this question.

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