Joe Studwell. The men who control the economies of S.E. Asia are unimaginably rich and powerful. They gamble at golf for US$2 million a hole. This is – for the. Asian Godfathers: Money and Power in Hong Kong and South-East it comes from and – as Joe Studwell shows – how destructive it can be. Asian Godfathers. Joe Studwell. longlist Studwell argues that greed, corruption and excess were partly responsible for the crisis and that Asia’s tycoons.
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Nothing surprising though for anyone who lives in Asia and follows what’s going on. In South-East Asia, by contrast, land remained concentrated on the wealthy few i.
It tells the story of English-educated Justin, or Little Frog, mysteriously left by his parents with his extended family in a sprawling compound in Bangkok. Yes, the godfathers do steal, bribe, rob, transgress, and exploit, but they do so within a preset legal and executive systemic political players that enable A book about the rich and famous that really contains a story about South East Asia.
Every armchair Asia specialist knows about the remarkably small group of tycoons who wield such enormous power in the region. On the other hand there are those extra ordinary people who build their businesses from their dorm room or garage like Bill Gates and Michael Dell, or stories of ordinary professionals that left their day job to build Coffee Republic and The Body Shop, among others, or those who started their business only after they got fired from their job like Michael Bloomberg.
A complex mythology surrounds them, one which inf The economies of Hong Kong and south-east Asia are dominated by only forty or fifty families. Why do you want to add lots of chillies?
This book opened my eyes to one of the economic realities of aeian region. The economic effect of this has been to make domestic goods and services — whether an apartment in Hong Kong or flour in Malaysia — more expensive than they would otherwise be and to limit the growth of globally competitive companies.
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As politics is the cause, so politics must be the cure, Studwell suggests, as only a change in politics can break the stranglehold between government and Godfather, and enable proper regulation of anti-competitive Godfather behaviour to allow others to get a look in. Ergo immigrants are likely to be more successful capitalists regardless of race he refers to Muslims and Indians who have succeeded to make this point. Refresh and try again. We’ve seen this book described as “the best business book about Southeast Asia ever written”, and although we don’t as a rule delve into business books this is more historical political economy we reckon this is probably a pretty spot-on description.
It’s The System there, in which capitalism has meant favoring the few. More fundamentally, Studwell questions whether the Asian godfathers have been the real driving force behind the region’s success and concludes that ‘it is small-scale local businesses and the hard work and thrift of ordinary Southeast Asians that have driven development’. Then there’s the question of godfather benevolence. A Personal History of Burma by Thant Myint-U remains an important read a decade or so on for anyone keen on understanding the nuances and richness of Burmese history.
Beberapa nama yang lain, nama-nama dari LN ntu ada yang tahu dan pernah dengar sih, tetapi tetap saja beda gregetnya dengan membaca taipan-taipan ‘bermasalah’ yang sekarang ada di ‘sana’.
Asian Godfathers: Money and Power in Hong Kong and South-East Asia | South China Morning Post
Promotions Register for a free copy of Home Essentials now. George’s observation that ‘he detected in Lee the insecurity of a man alienated from his Chinese morrings, a sthdwell who, because he does not quite belong anywhere, has had to remake Singapore in his own image to compensate for his own alienation’.
But what makes them really different from the rest of the herd? You may also like. Hong Kong and Southeast Asia are home to five hundred million people, yet their economies are dominated by only fifty families How to be a postwar godfather.
Business Books: Asian Godfathers–money, bets, and sex | Reuters
There is also a repeated discussion about the economic purpose of Singapore and Hong Kong: I wish more would read this book and realized how the public has been short changed by the government and these individuals.
Until the system that creates tycoon economies changes, most godfathers will remain untouchable — just as their American equivalents were at the start of the Twentieth Century. Anyway, ignore the book cover.
Countless cultural intricacies will surface if you read this before a trip to Bangkok. The tycoons are just highly effective traders in rent-offering environments. Godfathers today Defending the precious. Economics, Business in Asia. Import substitution produced large companies, but it did not achieve the objective of making local businesses originate internationally competitive manufactures.
Combines brilliant commentary and analysis with rarely seen moderation in argument and perspectives. Studwell underestimates the genius of men such as Li Ka-shing adian it comes to deal making and trading and this explains how they got to the point where godfatherd status propelled them much further. Could anyone copy what these billionaires do in another countries? Balance Trump, cosy up to China, Koreas: They told Ho to stay out of the kitchen if he cou I was hoping it would be a bit more salacious and tabloid and less empirical and scholastic but a great read nevertheless both on the contemporary socioeconomic structure of Southeast Asia and the manner by which Colonialism’s empowering of minority and immigrant groups lasts today in the forms of various tycoons and the protected industries they rule.
A Surfing Life is for you. This intervention prevents countries from realizing the maximum benefits of comparative advantage. Apr 23, Thai Son rated it really liked it Shelves: Freight charges, for instance, might be increased to divert earnings into shipping, which is an offshore, tax-free activity.
There are big implications here for both China and the USA. South-east Asia has all the trappings of a modern economy — high-tech factories, stunning high-rise buildings, contemporary transportation systems and utility providers — but no indigenous, large-scale companies producing world-class products and asiann.
Rather than business acumen or management sophistication, the author points out, many Southeast Asian business leaders have historically relied on their web of mutually-beneficial relationships with the governing class in order to gain an unfair advantage and build rent-seeking monopolies or cartels in heavily regulated and anti-competitive industries, with the rest of the population paying artificially high prices as a result.