DOCSLIB.ORG

SOUTHEAST ASIAN GLOBALIZATION Responses To

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
SOUTHEAST ASIAN GLOBALIZATION Responses To Loh & NIAS Democracy in Asia series, 10 Öjendal (eds) SOUTHEAST ASIAN RESPONSES TO GLOBALIZATION Restructuring Governance and Deepening Democracy SOUTHEAST ASIAN RESPONSES TO GLOBALIZATION Edited by Francis Loh Kok Wah and Joakim Öjendal It is now apparent, especially in the aftermath of the regional financial crisis of 1997, that globalization has been impacting upon the Southeast Asian economies and societies in new and harrowing ways, a theme of many SOUTHEAST ASIAN recent studies. Inadvertently, these studies of globalization have also high- lighted that the 1980s and 1990s debate on democratization in the region Responses to – which focused on the emergence of the middle classes, the roles of new social movements, NGOs and the changing relations between state and civil society – might have been overly one-dimensional. GLOBALIZATION This volume revisits the theme of democratization via the lenses of globalization, understood economically, politically and culturally. Although globalization increasingly frames the processes of democracy and develop- restructuring governance and ment, nonetheless, the governments and peoples of Southeast Asia have deepening democracy been able to determine the pace and character – even the direction of these processes – to a considerable extent. This collection of essays (by some distin- guished senior scholars and other equally perceptive younger ones) focuses on this globalization–democratization nexus and shows, empirically and ana- lytically, how governance is being restructured and democracy sometimes deepened in this new global era. A historical review introduces the volume while an analytical assessment of the ten case-studies concludes it. Politics, Sociology, Development Studies, Southeast Asian Studies Institute of Southeast Asian Studies edited by ISBN 981-230-324-3 FRANCIS LOH KOK WAH AND JOAKIM ÖJENDAL 9 7 8 9 8 1 2 3 0 3 2 4 0 Loh2_pbk_cover.indd 1 13/4/05 17:23:16 Loh-Ojendal_pbk-prelims.fm Page i Wednesday, April 6, 2005 4:00 PM SOUTHEAST ASIAN RESPONSES TO GLOBALIZATION Loh-Ojendal_pbk-prelims.fm Page ii Wednesday, April 6, 2005 4:00 PM The Nordic Institute of Asian Studies (NIAS) is a research and service institute located in Copenhagen where it collaborates closely with Copenhagen University and the Copenhagen Business School as well as with Lund University in Sweden and the wider Nordic Asian Studies community. Funded in part by the governments of Denmark, Finland, Iceland, Norway and Sweden via the Nordic Council of Ministers and in part directly by the Nordic scholarly community, NIAS works to encourage and support Asian Studies in the Nordic countries as well as actively participating in the international scholarly community in its own right. In so doing, NIAS has published books since 1969 and in 2002 launched NIAS Press as an independent, not-for-profit publisher aiming at a premium reputation among authors and readers for relevant and focused, quality publishing in the field of Asian Studies. The Institute of Southeast Asian Studies (ISEAS) was established as an autonomous organization in 1968. It is a regional centre dedicated to the study of socio-political, security and economic trends and develop- ments in Southeast Asia and its wider geostrategic and economic environment. The Institute’s research programmes are Regional Economic Studies (RES, including ASEAN and APEC), Regional Strategic and Political Studies (RSPS), and Regional Social and Cultural Studies (RSCS). ISEAS Publications, an established academic press, has issued more than 1,000 books and journals. It is the largest scholarly publisher of research about Southeast Asia from within the region. ISEAS Publica- tions works with many other academic and trade publishers and distributors to disseminate important research and analyses from and about Southeast Asia to the rest of the world. Loh-Ojendal_pbk-prelims.fm Page iii Wednesday, April 6, 2005 4:00 PM Southeast Asian Responses to Globalization Restructuring Governance and Deepening Democracy EDITED BY Francis Loh Kok Wah and Joakim Öjendal INSTITUTE OF SOUTHEAST ASIAN STUDIES Singapore Loh-Ojendal_pbk-prelims.fm Page iv Wednesday, April 6, 2005 4:00 PM Democracy in Asia series, 10 First published in 2005 by NIAS Press Nordic Institute of Asian Studies Leifsgade 33, DK–2300 Copenhagen S, Denmark tel: (+45) 3532 9501 • fax: (+45) 3532 9549 E–mail: [email protected] • Website: www.niaspress.dk First published in 2005 in Singapore by Institute of Southeast Asian Studies (ISEAS) 30 Heng Mui Keng Terrace, Pasir Panjang, Singapore 119614 E-mail: [email protected] • Website: http://bookshop.iseas.edu.sg for distribution in the ASEAN countries, Japan, Korea, Taiwan, Australia and New Zealand. © Nordic Institute of Asian Studies 2005 All rights reserved. While copyright in the volume as a whole is vested in the Nordic Institute of Asian Studies, copyright in the individual papers belongs to their authors. No part of this publication may be reproduced, translated, stored in a retrieval system or transmitted in any form or by any means – electronic, mechanical, photocopying, recording or otherwise – without the prior permission of the Nordic Institute of Asian Studies. British Library Cataloguing in Publication Data Southeast Asian responses to globalization : restructuring governance and deepening democracy. - (Democracy in Asia series ; 10) 1.Democratization - Asia, Southeastern 2.Asia, Southeastern - Politics and givernment - 1945- I.Loh, Francis Kok-Wah, 1951- II.Ojendal, Joakim 321.8’0959 ISBN 87-91114-43-8 (NIAS hbk edition) ISBN 87-91114-44-6 (NIAS pbk edition) ISBN 981-230-324-3 (ISEAS edition) Typesetting by Thor Publishing Printed and bound in Singapore 00_Prelims2.fm Page v Thursday, January 13, 2005 2:26 PM CONTENTS Acknowledgements vii List of Contributors ix Abbreviations xii INTRODUCTION 1 Francis Loh Kok Wah and Joakim Öjendal 1 Globalization, Development and Democratization in Southeast Asia1 17 Francis Loh Kok Wah PART ONE: RESTRUCTURING GOVERNANCE 2 Liberalization without Democratization: Singapore in the Next Decade 57 Chua Beng Huat 3 Globalization, Capital Controls and Reformasi: Crises and Contestations over Governance 83 Khoo Boo Teik 4 Human Rights in Malaysia: Globalization, National Governance and Local Responses 110 Saliha Hassan and Carolina López 5 Global Civil Society in One Country? Class Formation and Business Activism in the Philippines 138 Eva-Lotta E. Hedman 6 Globalization, Inequitable Development and Disenfranchisement in Sarawak 173 Andrew Aeria 7 The Fall of Suharto: Understanding the Politics of the Global 201 Dewi Fortuna Anwar v 00_Prelims2.fm Page vi Thursday, January 13, 2005 2:26 PM Southeast Asian Responses to Globalization PART TWO: DEEPENING DEMOCRACY 8 Filling the Democratic Deficit: Deliberative Forums and Political Organizing in Indonesia 233 Hans Antlöv 9 Democracy and the Mainstreaming of Localism in Thailand 259 Michael Kelly Connors 10 A New Local State in Cambodia? Decentralization as a Political Commodity 287 Joakim Öjendal 11 Democracy among the Grassroots: Local Responses to Democratic Reforms in Vietnam 316 Bent Jørgensen CONCLUSION 12 Democratization amidst Globalization in Southeast Asia: Empirical Findings and Theoretical Reflections 345 Joakim Öjendal Index 373 TABLES 1 Average Annual GDP, Sarawak, 1970–2000 174 2 Major Political Party Funders, Sarawak, 1963–69 179 vi 00_Prelims2.fm Page vii Thursday, January 13, 2005 2:26 PM Acknowledgements This book is yet another publication emanating from the multi- country research project ‘Discourses and Practices of Democracy in Southeast Asia’, which was funded by the Swedish International Development Co-operation Agency (SIDA) and the Swedish Agency for Research Cooperation with Developing Countries (SAREC). We sincerely thank SIDA/SAREC for their generous support which sustained the research activities and workshops that facilitated the completion of this book project. The research project itself involved the Centre for East and South East Asian Studies (GESEAS, now Center for Asian Studies, CEAS) of Göteborg University, Indonesian Institute of Sciences (LIPI), Cambodian Researchers for Development (CRD), Institute of Malay- sian and International Studies (IKMAS) of Universiti Kebangsaan Malaysia, and School of Social Sciences, Universiti Sains Malaysia. We would especially like to thank Hans Antlöv, Sven Cederroth and Wil Burghoorn who as successive directors and project leaders at GESEAS coordinated the project, and offered their assistance, advice and time unstintingly. For the purposes of this comparative book project, it became necessary to include colleagues, not members of the above institutions who were researching other Southeast Asian countries, not covered by the original team of researchers. Thanks to Andrew Aeria, Chua Beng Huat, Bent Jørgensen, Michael Connors, Carolina López and Eva-Lotta Hedman who responded to our invitation, we have been able to extend the scope of coverage of the book. Indeed, thanks to them and the other contributors, who responded to our requests for rewriting and updating promptly and with good cheer, we are able to present a publication not only wide in its coverage, but containing excellent in- depth analysis as well. Suffice to say it was a pleasure working with colleagues like them. vii 00_Prelims2.fm Page viii Thursday, January 13, 2005 2:26 PM Southeast Asian Responses to Globalization We very much appreciate the assistance of Leena Höskuldsson, Gerald Jackson and Janice Leon of NIAS Press, and Teh Gaik Lan
Load more

Recommended publications
  • Sim Mungkin Dicalon Semula (BH 13/09/1997)
    13/09/1997 Sim mungkin dicalon semula KUCHING, Jumaat - Parti Bersatu Rakyat Sarawak (SUPP) bercadang mencalonkan semula Michael Sim Kiam Hui untuk bertanding atas tiket Barisan Nasional (BN) bagi pilihan raya kecil kawasan Dewan Undangan Negeri (DUN) Kidurong. Pengerusi SUPP, Datuk Dr George Chan Hong Nam, berkata tidak ada sebab untuk parti itu tidak mahu mencalonkan semula Sim bagi merampas kerusi berkenaan dari tangan parti pembangkang, DAP. "Kami (SUPP) akan membincangkan pencalonan semula Sim dan saya akan mencadangkan namanya dalam mesyuarat Jawatankuasa Kerja Pusat (CWC) parti sedikit masa lagi," katanya sewaktu diminta mengulas keputusan Mahkamah Tinggi Miri, hari ini, yang mengisytiharkan keputusan pilihan raya umum bagi kawasan itu September tahun lalu sebagai batal dan tidak sah. Hakim Datuk Suleiman Hashim dari Mahkamah Tinggi Kota Kinabalu, membuat keputusan itu selepas meluluskan petisen yang dikemukakan Sim, yang juga calon BN bagi kawasan berkenaan pada pilihan raya tahun lalu. Chan yang juga Timbalan Ketua Menteri Sarawak berkata, Mesyuarat CWC parti itu dijadualkan pada 25 September ini, tetapi ia mungkin akan diadakan lebih awal daripada tarikh berkenaan, memandangkan perkembangan terbaru berhubung keputusan Mahkamah Tinggi Miri itu. Menurutnya, setelah cadangan nama calon yang dikemukakan dipersetujui sebulat suara oleh CWC, barulah SUPP menyerahkan nama yang dicalonkan kepada Ketua Menteri, Tan Sri Abdul Taib Mahmud dan Perdana Menteri, Datuk Seri Dr Mahathir Mohamad, untuk kelulusan muktamad. "Ketua Menteri selaku Pengerusi BN Negeri dan Perdana Menteri selaku Pengerusi BN Malaysia akan membuat keputusan muktamad mengenai calon yang akan bertanding atas tiket BN dalam pilihan raya kecil Kidurong nanti," katanya. Beliau juga melahirkan perasaan gembiranya terhadap keputusan Mahkamah Tinggi Miri hari ini.
    [Show full text]
  • He True Aim of China in Setting up the AIIB Challenging the International Financial Tsystem Or Securing Multilateral Credibility? Author Jianmin Jin by Jianmin Jin
    COVER STORY • Global Growth Strategy • 3-1 he True Aim of China in Setting up the AIIB Challenging the International Financial TSystem or Securing Multilateral Credibility? Author Jianmin Jin By Jianmin Jin The Chinese-initiative Asian Infrastructure Investment Bank (AIIB) has been generating many headlines on the economic front of late — not without justification given its impact, sizeable enough to blow a big hole in the international development financing order. There is a wide range of opinion regarding the true aim of China in taking the lead to establish the AIIB, such as challenging the international financial order, securing geopolitical influence, securing benefits for the national economy, and establishing a new facility to mediate between capital surplus countries and capital deficit countries. My conclusion after examining the economic relationship between China and the rest of the world and various information coming out of China is that the true aim of China is both economic and diplomatic/ political: the former to secure the multilateral creditworthiness that is unavailable to China on its own, the latter to “exercise cooperative influence” (neutralize the idea of “China as a threat” by providing other countries with economic benefits through economic channels). New Silk Road Vision: “Stepped-up” Version regions, infrastructure was slow to develop, and the open-door policy of the Open-Door Policy was limited in scope. Moreover, the neighboring countries there were largely developing countries, so expectations for attracting capital and The Chinese initiative to establish the AIIB is founded on a regional technology appeared slim. development strategy: the “New Silk Road” strategy, or the “One Belt But 30 years later, things have changed.
    [Show full text]
  • From Poverty to Power, 2Nd Edition
    PART FIVE THE inTERnaTIOnal SYSTEM WHO RULES THE WORLD? 241 THE INTERNATIONAL FINANCIAL SYSTEm 244 THE INTERNATIONAL TRADING SYSTEm 260 THE INTERNATIONAL AID SYSTEm 289 HOW CHANGE HAppENS: THE 2005 GLENEAGLES AGREEMENTS 311 INTERNATIONAL RULES AND NORMS 313 THE INTERNATIONAL SYSTEM FOR HUMANITARIAN RELIEF AND PEACE 317 HOW CHANGE HAppENS: LANDMINES, AN ARMS CONTROL SUCCESS STORY 333 CLIMATE CHANGE 335 GLOBAL GOVERNANCE IN THE TWENTY-FIRST CENTURY 351 WHO RULES THE WORLD? Global institutions such as the World Bank, the IMF, and the United Nations, transnational corporations, rich country governments, (and even interna- tional non-government organisations such as Oxfam) are sometimes viewed as the most powerful and dynamic forces in the fight against poverty and inequality. This book has argued, on the contrary, that the main actors are poor men and women and their national governments – a combination we have called active citizens and effective states. This is not to deny the power of global institutions. In tackling global poverty and inequality they can, by both action and omission, be either part of the solution or part of the problem. They can foster efforts to build an effective, accountable state and an active citizenry, or they can under- mine or even crush them. This part of the book examines those aspects of the international system most relevant to the fight against poverty and inequality, and explores how global institutions can be placed at the service of development. The web of international institutions, laws, regulations,
    [Show full text]
  • 1964 UN Yearbook
    636 APPENDIX V bhai Shah, B. N. Chakravarty, K. B. Lall, V. C. Laos. Representatives: Prince Souvanna Phouma, Trivedi. Alternates: M. Thirumala Rao, Colonel Phoumi Nosavan, Phèng Phongsavan, Sisouk Na Bashir Hussain Zaidi, S. Gupta, Narendra Singh, Champassak, Tiao Khampan. Alternates: Nou Ing K. Krishna Rao. Ratanavong, General Bounleuth Sanichanh, Phèng Indonesia. Representatives: Dr. Subandrio, L. N. Norindr, Ouday Souvannavong, Tougeu Lyfoung. Palar, Ismael Thajeb, Mr. Nugroho, Moersid Idris. Lebanon. Representatives: Philippe Takla, Georges Alternates: Harsono Tjokroaminoto, Edi Martalo- Hakim, Ibrahim El-Ahdab. Alternates: Nabih Nous- gawa, Ido Garnida, Chr. Mooy, Sumarjo Sosro- sair, Souheil Chammas, Khalil Makkawi, Miss wardojo. Souad Tabbara, Miss Samira Daher. Iran. Representatives: Abbas Aram, Mehdi Vakil, Liberia. Representatives: J. Rudolph Grimes, Nathan Majid Rahnema, Mohammad Yeganeh, Mohammad Barnes, Miss Angie Brooks, S. Edward Peal, Christie Ali Rashti. Alternates: Hossein Fakher, Manoutcher W. Doe. Alternates: T. O. Dosumu-Johnson, Her- Fartash, Miss Mehri Ahy, Ahmad Minai, Moheid bert R. W. Brewer, Jr., Fahnwulu Caine, David Din Nabavi. Neal, Harry Morris. Iraq. Representatives: Naji Talib, Kadhim Khalaf, Libya. Representatives: Hussein Mazigh, Wahbi El Adnan M. Pachachi, Mustafa Kamil Yasseen, Bouri, Mohammed Abdulkafi Essamin, Omar Mun- Fadhil Salman. Alternates: Abdul Malik Alzaibak, tasser, Aref Ben Musa. Alternates: Salem Omeish, Mahmoud Ali Aldaoud, Alauddin H. Aljubouri, Mohsen Omaier, Salem Kukan, Saad Mangudi. Salim Abdul Kadir, Burhan Mohamed Nouri. Luxembourg. Representatives: Pierre Werner, Marcel Ireland. Representatives: Frank Aiken, Cornelius C. Fischbach, Pierre Wurth, Paul Mertz. Cremin, Brian Gallagher, Patrick Power, Tadhg Madagascar. Representatives: Albert Sylla, Louis Ra- O'Sullivan. Alternates: Edward J. Brennan, Denis kotomalala, Arthur Besy, Mr. Rabemanantsoa, Biaise Holmes, Brendan T.
    [Show full text]
  • Stop Raising Issue of Candidate Lineup, Says Dr Masing
    26 AUG 2001 Sarawak-Polls STOP RAISING ISSUE OF CANDIDATE LINEUP, SAYS DR MASING KUCHING, Aug 26 (Bernama) -- Leaders of Bansa Dayak Sarawak (PBDS), a component party of the Sarawak Barisan Nasional (BN), should stop raising the issue of the party's candidate lineup, its publicity chief, Datuk Dr James Jemut Masing, said today. "As far as I am concerned, the candidate lineup is final as announced by party president Datuk Amar Leo Moggie yesterday," he told reporters after opening a contemporary ceramics exhibition on "Bunga Terung" at a gallery at the waterfront here. He said the leaders should now close ranks and ensure that the BN won the state election. Moggie had said that the list, which had been endorsed by the party's supreme council, was official and only awaiting endorsement from BN chairman Datuk Seri Dr Mahathir Mohamad. Moggie's announcement put to rest speculations that PBDS deputy president Datuk Daniel Tajem was attempting to make a comeback to active politics. It also meant that Tajem will not be getting PBDS's ticket to contest in the upcoming election despite speculations that he would be replacing Mong Dagang for the Bukit Begunan state seat, which was once Tajem's stronghold for 22 years. Moggie had also said that incumbent Datuk Sng Chee Hua (Pelagus) would be replaced by his 22-year old son, Larry, a new trend for PBDS which is to inject the youth spirit into politics. The other PBDS incumbents retained are Dublin Unting (Batang Ai), Gabriel Adit (Ngemah), Joseph Entulu (Tamin), John Sikie Tayai (Kakus), Datuk Dr James Jemut Masing (Baleh) and Stanley Ajang (Belaga).
    [Show full text]
  • The Malaysian Intellectual:A Briefsari Historical 27 (2009) Overview 13 - 26 of the Discourse 13
    The Malaysian Intellectual:A BriefSari Historical 27 (2009) Overview 13 - 26 of the Discourse 13 The Malaysian Intellectual: A Brief Historical Overview of the Discourse DEBORAH JOHNSON ABSTRAK Kertas ini memperkatakan wacana yang melibatkan intelektual di Malaysia. Ia menegaskan bahawa sesuai dengan perubahan sosio-politik, ‘bidang makna’ yang berkaitan konsep ‘intelektual’ dan lokasi sosial sebenar para intelektual itu sudah mengalami perubahan besar sepanjang abad dua puluh. Ini menimbulkan cabaran kepada sejarahwan yang ingin melihat masa lampau dengan kaca mata masa kini tetapi yang sepatutnya perlu difahami dengan tanggapan yang ikhlas sesuai dengan masanya. Selain itu, ia juga menimbulkan cabaran kepada penyelidik sains sosial untuk mengelak dari mengaitkan konsep masa lampau kepada konsep masa terkini supaya dapat memahami sumbangan ide dan kaitannya kepada masa lampau. Sehubungan itu, makalah ini memberi bayangan sekilas tentang persekitaran, motivasi dan sumbangan beberapa tokoh intelektual yang terkenal di Malaysia. Kata kunci: A Samad Ismail, intelektual, wacana, Alam Melayu ABSTRACT This paper focuses on the discourse in Malaysia concerning intellectuals. It asserts that in concert with political and sociological changes, the ‘field of meanings’ associated with the concept of ‘the intellectual’ and the actual social location of intellectual actors have undergone considerable change during the twentieth century. This flags the challenge for historians who are telling today’s stories about the past in today’s terms, but who have to try to understand that past on its own terms. Further, it flags the challenge for social scientists to not merely appropriate the concepts of past scholars in tying to understand the present, but rather to also understand the context in which those ideas had relevance.
    [Show full text]
  • Review of Local and Global Impacts of Volcanic Eruptions and Disaster Management Practices: the Indonesian Example
    geosciences Review Review of Local and Global Impacts of Volcanic Eruptions and Disaster Management Practices: The Indonesian Example Mukhamad N. Malawani 1,2, Franck Lavigne 1,3,* , Christopher Gomez 2,4 , Bachtiar W. Mutaqin 2 and Danang S. Hadmoko 2 1 Laboratoire de Géographie Physique, Université Paris 1 Panthéon-Sorbonne, UMR 8591, 92195 Meudon, France; [email protected] 2 Disaster and Risk Management Research Group, Faculty of Geography, Universitas Gadjah Mada, Yogyakarta 55281, Indonesia; [email protected] (C.G.); [email protected] (B.W.M.); [email protected] (D.S.H.) 3 Institut Universitaire de France, 75005 Paris, France 4 Laboratory of Sediment Hazards and Disaster Risk, Kobe University, Kobe City 658-0022, Japan * Correspondence: [email protected] Abstract: This paper discusses the relations between the impacts of volcanic eruptions at multiple- scales and the related-issues of disaster-risk reduction (DRR). The review is structured around local and global impacts of volcanic eruptions, which have not been widely discussed in the literature, in terms of DRR issues. We classify the impacts at local scale on four different geographical features: impacts on the drainage system, on the structural morphology, on the water bodies, and the impact Citation: Malawani, M.N.; on societies and the environment. It has been demonstrated that information on local impacts can Lavigne, F.; Gomez, C.; be integrated into four phases of the DRR, i.e., monitoring, mapping, emergency, and recovery. In Mutaqin, B.W.; Hadmoko, D.S. contrast, information on the global impacts (e.g., global disruption on climate and air traffic) only fits Review of Local and Global Impacts the first DRR phase.
    [Show full text]
  • Outline Lecture Three: Decolonization Vs. Neocolonialism I) “A World Safe
    Outline Lecture Three: Decolonization vs. Neocolonialism I) “A World Safe for Democracy”? a) Amritsar, India in 1919 i) Demonstrations against the Rowlatt Bills ii) General Reginald Dyer’s response and rationale on behalf of the British Raj (1) George Orwell’s “Shooting an Elephant” b) Versailles and China’s May Fourth Movement 1919 i) What were the catalysts behind the May Fourth Movement? ii) May Fourth’s Ambivalent relationship with the West (1) Western-inspired ideals of democracy and self-determination (2) E.g. Chen Duxiu’s New Youth c) Impetus for Social Reforms i) Many saw anti-imperialism and anti-feudalism as synonymous ii) Associated traditional China’s feudal society with gender inequality (1) Call for women’s entry into the public sphere II) Revolutionary Movements in China 1911-1949 a) Key Dates: i) 1911 Revolution–Sun Yat-sen’s overthrow of Qing (Manchu) Dynasty and founding of the Republic ii) 1919 Beginning of May Fourth Movement iii) 1926-1928 Chiang Kai-shek’s Northern Expedition and national unification iv) 1937-1945 Sino-Japanese War v) 1949 Communist take-over of the mainland under Mao Zedong; Nationalist Party under Chiang retreat to Taiwan b) Dr. Sun Yat-sen and the Founding of the Republic i) Experience and exposure of an expatriate and exile ii) Three Principles of the People (1923) (1) First Principle: Nationalism (2) Second Principle: Democracy (a) Egalitarian ideals since antiquity (i) Mencius’s justification for Gemin or “revoking the mandate” (b) Five-power Constitutional Republic (3) Third Principle: Livelihood
    [Show full text]
  • An Empirical Analysis of Malaysian Housing Market: Switching and Non-Switching Models
    Lincoln University Digital Thesis Copyright Statement The digital copy of this thesis is protected by the Copyright Act 1994 (New Zealand). This thesis may be consulted by you, provided you comply with the provisions of the Act and the following conditions of use: you will use the copy only for the purposes of research or private study you will recognise the author's right to be identified as the author of the thesis and due acknowledgement will be made to the author where appropriate you will obtain the author's permission before publishing any material from the thesis. An Empirical Analysis of Malaysian Housing Market: Switching and Non-Switching Models A thesis submitted in partial fulfilment of the requirements for the Degree of Doctoral of Philospohy in Finance at Lincoln University by Zaemah Zainuddin Lincoln University 2010 Abstract of a thesis submitted in partial fulfilment of the requirements for the Degree of PhD in Finance.ct AN EMPIRICAL ANALYSIS OF MALAYSIAN HOUSING MARKET: SWITCHING AND NON-SWITCHING MODELS by Zaemah Zainuddin Increasing inflows of foreign investment particularly in the real estate sector in the early 1990s, has contributed to the building up of “bubble” in the economies of several Asian countries. In 2004, house prices increased rapidly in several countries such as South Korea, Hong Kong and Singapore (World Report, 2004). The rapid increase in prices has led economists to believe that a ‘bubble’ has form in the housing market. A housing market bubble occurs when house price increases are not justified by macroeconomic fundamentals and other underlying factors (Xia and Tan 2006).
    [Show full text]
  • Can the World Be Governed?
    Can the World Be Governed? Studies in International Governance is a research and policy analysis series from the Centre for International Governance Innovation (cigi) and WLU Press. Titles in the series provide timely consideration of emerging trends and current challenges in the broad field of international governance. Representing diverse perspectives on important global issues, the series will be of interest to students and academics while serving also as a reference tool for policy-makers and experts engaged in policy discussion. To reach the greatest possible audience and ultimately shape the policy dialogue, each volume will be made available both in print through WLU Press and, twelve months after pub- lication, accessible for free online through the igloo Network under the Creative Com- mons License. Can theWorld Be Governed? Possibilities for Effective Multilateralism *** Alan S. Alexandroff, editor Wilfrid Laurier University Press acknowledges the financial support of the Government of Canada through its Book Publishing Industry Development Program for its publishing activities. Wilfrid Laurier University Press acknowledges the financial support of the Centre for International Gov- ernance Innovation. The Centre for International Governance Innovation gratefully acknowl- edges support for its work program from the Government of Canada and the Government of Ontario. Library and Archives Canada Cataloguing in Publication Can the world be governed? : possibilities for effective multilateralism / Alan S. Alexandroff, editor. (Studies in international governance series) Co-published by: Centre for International Governance Innovation. Includes bibliographical references and index. ISBN 978-1-55458-041-5 1. International organization. 2. International cooperation. 3. International rela- tions. 4. International economic relations. 5. Security, International.
    [Show full text]
  • Non-Alignment and the United States
    Robert B. Rakove. Kennedy, Johnson, and the Nonaligned World. Cambridge: Cambridge University Press, 2012. 315 pp. $31.99, paper, ISBN 978-1-107-44938-1. Reviewed by Simon Stevens Published on H-1960s (August, 2014) Commissioned by Zachary J. Lechner (Centenary College of Louisiana) The central historical problem that Robert B. of a policy of “engagement” of the “nonaligned Rakove sets out to solve in Kennedy, Johnson, and world.” The subsequent souring of relations was a the Nonaligned World is how to explain the re‐ consequence of the abandonment of that ap‐ markable transformation in the relationship be‐ proach under Lyndon Johnson. Central to tween the United States and much of the postcolo‐ Rakove’s argument is the distinction between nial world over the course of the 1960s. The assas‐ Kennedy’s approach to states in the Third World sination of John F. Kennedy in 1963 was met with that were “aligned” in the Cold War and those that genuine grief in many postcolonial states, reflect‐ were “non-aligned.” Common historiographic ing the positive and hopeful light in which the characterizations of Kennedy’s policy toward the United States under Kennedy had been widely Third World as aggressive and interventionist viewed. And yet by the second half of the decade, have failed to appreciate the significance of this the United States “had come to be seen not as an distinction, Rakove suggests. In the cases of states ally to Third World aspirations but as a malevo‐ that the U.S. government perceived to be already lent foe. Polarizing accusatory rhetoric unusual in aligned with the West, especially in Latin America the early 1960s became unremarkable by the and Southeast Asia, the Kennedy administration decade’s end, emerging as a lasting feature of was intolerant of changes that might endanger world politics, a recognizable precursor to con‐ that alignment, and pursued forceful interven‐ temporary denunciations of the United States” (p.
    [Show full text]
  • Anwar Ransangkan Pusingan Akhir Kempen Pilihan Raya S'wak
    04 SEP 1996 Sarawak-Anwar (Fokus Pilihan Raya) ANWAR RANSANGKAN PUSINGAN AKHIR KEMPEN PILIHAN RAYA S'WAK Oleh: Azman Ujang KUCHING, 4 Sept (Bernama) -- Perebutan undi dalam pilihan raya negeri Sarawak pada 7 dan 8 Sept ini telah memasukki pusingan akhir dengan Timbalan Perdana Menteri Datuk Seri Anwar Ibrahim turut menyertai kekalutan itu untuk berucap di empat tempat semasa lawatan setengah harinya ke sini esok. Kehadiran Anwar dijangka akan memeriahkan lagi pilihanraya ini yang pada umumnya setakat ini dihiasi dengan kempen-kempen yang kurang bermaya, apa yang disifatkan oleh sesetengah pemimpin Barisan Nasional (BN) sebagai disebabkan oleh "sikap puas hati" berikutan dengan parti pemerintah itu yang telah memenangi 19 kerusi pada hari penamaan calon pada 27 Ogos lepas. Dengan BN yang akan melawan pihak pembangkang yang hanya tinggal 66 calon yang boleh dikatakan ke semuannya bertanding di atas tiket bebas untuk baki 43 kerusi lagi itu, maklumat balas yang didapati dari berbagai kawasan menunjukkan bahawa ia sudah tentu akan mencapai apa yang diramalkan awal-awal oleh Ketua Menteri Tan Sri Abdul Taib Mahmud sebagai kemenangan sapu bersih. Taib, yang juga presiden Parti Pesaka Bumiputera Bersatu (PBB), timbalannya, Tan Sri Alfred Jabu dan presiden Parti Bansa Dayak Sarawak, Datuk Leo Moggie adalah antara juru-juru kempen yang kuat, yang telah merentas ke seluruh negeri yang luas ini dengan helikopter, dengan Moggie memberi tumpuan pada hari-hari akhir ini di Belaga, di kawasan jauh di pendalaman Sarawak. Sejurus setibanya di sini esok, Anwar akan terus menaikki helikopter untuk ke Simunjan, kira-kira 100km dari sini, untuk merasmikan loji rawatan air bandar itu.
    [Show full text]