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Political Business in East Asia
The relationship between government and business has become a central issue in East Asia since the financial crisis of 1997. As the Asian economies try to advance the reform process, recent scandals involving corruption and cronyism have demonstrated the ongoing significance of the issue. This edited book features a range of distinguished international specialists and explores the interaction between politics and business across the region. Detailed case-studies focus on Japan, China, South Korea, Malaysia, Thailand, Singapore and Indonesia. This is the first comprehensive introduction to government-business relations in the region and makes a significant contribution to our understanding of the problems faced by the Asian economies.
Minister of Finance Incorporated
This is a study of Malaysia’s new political economy, with a focus on ownership and control of the corporate sector. It offers a pioneering assessment of government-linked investment companies (GLICs), a type of state-owned institution that has long prevailed in the corporate sector but has not been analysed. Malaysia’s history of government-business ties is unique, while the nature of the nexuses between the state and the corporate sector has undergone major transitions. Corporate power has shifted from the hands of foreign firms to the state to the ruling party, and well-connected businessmen, and back to the state. Corporate wealth is now heavily situated in the leading publicly-listed government-linked companies (GLCs), controlled through block shareholdings by a mere seven GLICs under the jurisdiction of the Minister of Finance. To indicate why these GLICs are important actors in Corporate Malaysia, this study provides a deep assessment of their ownership and control of Bursa Malaysia’s top 100 publicly-listed enterprises.
Malaysia's Political Economy
This book uses the concepts of rent and rent-seeking to study Malaysian political economy.
China in Malaysia
This book examines state-state relations and new forms of state business relations that have emerged with an increase in China’s foreign direct investments in Malaysia. Focusing on investments in the industrial sector and through in-depth case studies, this book adopts a novel framework to analyse these different types of state-business relations. These new forms of state-business relations are created from the different modes of negotiations between different key actors in each of the cases. Diverse outcomes were found, reflecting the disparate forms of power relationships and state cohesiveness with unique institutional architectures formed in each case. The book identifies a major shift in structural power in these new forms of state-business relations as China’s large multinational state-owned enterprises increasingly invest in Malaysia. A well-constructed institutional architecture is needed, not just in Malaysia but for other Southeast Asian countries, if foreign investments are to be harnessed to promote effective industrial development.
Affirmative Action, Ethnicity and Conflict
In recent years a number of countries have introduced affirmative action programmes in order to put right historical injustices and economic inequalities involving ethnic communities. This book examines affirmative action programmes in a range of countries around the world. It discusses how such programmes came about and how they have been implemented, and examines their effectiveness. Throughout it explores how far affirmative action programmes reinforce ethnic identities and thereby contribute to division and conflict. The countries covered are India, the United States, South Africa, Northern Ireland, Brazil, Malaysia and Fiji.
Reorganising Power in Indonesia
A new and distinctive analysis of the dramatic fall of Soeharto, the last of the great Cold-War capitalist dictators, and of the struggles that reshape the institutions and systems of power and wealth in Indonesia.
Politics in Malaysia
Examining some of the most critical issues in Malaysian politics today, including human rights, law and democracy, gender and Islam, this book explores the contours of the contemporary landscape of Malaysian politics, focusing especially on politics among the majority ethnic Malay community. In particular, the book explains why changes in patterns of political mobilization and the rhetoric of the dominant parties - particularly the PAS and UMNO - have been so limited, despite the overt and growing dissatisfaction shown by Malaysians with the state of their political system and the ability of these parties to represent their interests. It considers the recent history of events and discourses within Malaysian society, and UMNO and PAS, and goes on to analyze why important transitions have occurred in society yet political parties have not adapted themselves to these changes and remained reticent about instituting meaningful reforms involving these matters.
Global Hakka
In Global Hakka: Hakka Identity in the Remaking Jessieca Leo offers a needed update on Hakka history and a reassessment of Hakka identity in the global and transnational contexts. Leo gives fresh insights into concepts such as ethnicity, identity, Han, Chineseness, overseas Chinese, and migration in relation to Hakka identity. Globalization, transnationalism, deterritorialization and migration drive the rapid transformation and reformation of Hakka identity to the point of no return. Dehakkalization through cultural adaptation or genetic transfer has created an elastic identity in the global Hakka and different kinds of Hakka communities around the world. Jessieca Leo convincingly shows that...
