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Asia-Pacific Information

 
 

Asia-Studies Full-Text Online is the premier database for the study of modern Asia Pacific. As the exclusive licensee for many of the region's most prestigious research institutions, Asia-Studies.com brings together thousands of full-text reports covering 55 countries* on a multitude of business, government, economic, and social issues.

 
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We index full-text journals with open access platforms in our NEW Asia-Studies Full-Text Plus section. Here is the list of journals available.

 
 

 

 
 

 

 
 

 

 
 

January, 2018 Current Topics

 

Source

 

 

 

 

International Journal of Korean Studies, Volume XXI, Number 1, 2017  

IJKS

Philippine Institute for Development Studies - Economic Issue of the Day:  

PIDS

Philippine Institute for Development Studies - Policy Notes:  

PIDS

The 'United States Factor' in Southeast Asia: The Philippine and Singaporean (Re)assesments, December 2017. Ithrana Lawrence, Former Visiting Fellow at the East-West Center in Washington, explains that “Although recognized as a major non-NATO US ally since 2003, the Philippines increasingly views China as an important and economically attractive source of support.”

 

EWC

Populist Politics in Indonesia, December 2017. Ehito Kimura, Associate Professor at the University of Hawai‘i at Manoa, explains that “populism is not just a movement but also a political strategy.”

 

EWC

More Than Submarines: New Dimensions in the Australia–France Strategic Partnership, December 2017. In this compendium examining the France–Australia relationship, we have brought together experts from each country to explore our shared histories and plot a course for where we might take the relationship in the future. Each section examines a different aspect of the relationship—historical, international security, defence and the South Pacific—from a French and an Australian perspective. The experts brought together in this volume cover a breadth and depth of knowledge and experience as officials, academics and practitioners. What emerges is a rich and complex picture of two vibrant and activist countries, grappling with complex problems, but each determined to contribute to making the world safer and more just...

 

ASPI

Preventing and Countering Violent Extremism in Africa: Mining and Australia’s Interests, November 2017. Australia has commercial and strategic interests in helping to prevent and counter violent extremism in Africa. Australian mining companies are engaged across the continent in Mali, Burkina Faso, Kenya and many other countries where there have been high-profile terrorist attacks and kidnappings of foreign nationals, including Australians. Those threats already affect the way Australian mining companies approach their operations on the continent. With rising risks to Australian nationals, businesses and foreign investment through the mining industry, violent extremism in Africa is a direct threat to Australian national interests...

 

ASPI

Australia’s Management of Strategic Risk in the New Era, November 2017. Australia’s strategic outlook is deteriorating and, for the first time since World War II, we face an increased prospect of threat from a major power. This means that a major change in Australia’s approach to the management of strategic risk is needed. Strategic risk is a grey area in which governments need to make critical assessments of capability, motive and intent. Over recent decades, judgements in this area have relied heavily on the conclusion that the capabilities required for a serious assault on Australia simply did not exist in our region. In contrast, in the years ahead, the level of capability able to be brought to bear against Australia will increase, so judgements relating to contingencies and the associated warning time will need to rely less on evidence of capability and more on assessments of motive and intent. Such areas for judgement are inherently ambiguous and uncertain...

 

ASPI

The Missing Middle: a Political Economy of Economic Restructuring in Vietnam, December 2017. Vietnam’s cautious and sequenced adoption of market institutions has brought more than two decades of impressive economic performance, all while leaving the country’s underlying political economy largely intact. Notably, Vietnam has leveraged greater integration with the international economic system, including through ascension to the World Trade Organization in 2007 and the conclusion of a spate of free trade agreements, as a means of reinforcing domestic change...

 

Lowy

Industry Dynamics in Growth Triangles: The E&E Industry in SIJORI 25 Years On, November 2017. The SIJORI Growth Triangle, which encompasses Singapore, Johor (Malaysia) and Batam Island (Indonesia), was launched in 1989 as a ‘single investment destination’ offering differing factor endowments in close proximity. Singapore was the ‘core’ of the region with Johor and Batam occupying the land, labour, and resource-intensive ‘non-core’ spaces. During the 1990s, investment flows into the three territories, particularly in the electrical and electronics (E&E) industry, mirrored this division of labour...

 

ISEAS

Trends in Southeast Asia 2017 #22: Malaysia's Bumiputera Preferential Regime and Transformation Agenda: Modified Programmes, Unchanged System. Malaysia has employed an extensive, constant and embedded Bumiputera preferential regime for several decades, but in recent years, the Bumiputera Economic Transformation Programme was introduced, aimed at building capable and competitive Bumiputera businesses, and reaching out to disadvantaged Bumiputera students. Official rhetoric and public discourse recurrently and erroneously maintain that need-based and merit-based affirmative action have replaced ethnicity-based programmes. The author proposes a systematic framework for integrating need-based selection...

 

ISEAS

Trends in Southeast Asia 2017 #21: Parties in the Periphery: Organizational Dilemmas in Indonesia's Kepri Province. Political parties in Indonesia’s Kepri (Kepulauan Riau, or Riau Islands) Province suffer from low organizational capacity. The set-up of their branch offices is barely adequate, with cadres and volunteers acting as the main administrators, while activities, funding and recruitment remain erratic, insufficient and disorganized. Rather uniquely, the province’s capital Tanjungpinang is not its commercial centre, resulting in discrepancies in the organizational priorities of political parties present there. Instead, it is Batam, the commercial capital, that receives greater attention and is more attractive as a location for crowd-intensive events...

 

ISEAS

MAS Survey of Professional Forecasters, December 2017. The December 2017 Survey was sent out on 23 November 2017 to a total of 28 economists and analysts who closely monitor the Singapore economy. This report reflects the views received from 23 respondents (a response rate of 82.1%) and does not represent MAS’ views or forecasts.

 

MAS

MAS Financial Stability Review, November 2017. While the global economy has strengthened, medium-term vulnerabilities remain Gradual monetary policy normalisation in developed markets continues to support global growth. But accommodative financial conditions have also facilitated financial excesses amid persistent search for yield. This raises the risk of disruptive corrections when the excesses unwind. Within the region, China has shifted its focus to addressing financial stability risks whilst still achieving firm economic growth. Close monitoring is warranted, given potential spillover effects on the global economy and financial markets...

 

MAS

A Guide to Digital Token Offerings, November 2017. On 1 August 2017, the Monetary Authority of Singapore (“MAS”) clarified that if a digital token constitutes a product regulated under the securities laws administered by MAS, the offer or issue of digital tokens must comply with the applicable securities laws. This paper provides general guidance on the application of the securities laws administered by MAS in relation to offers or issues of digital tokens in Singapore. For purposes of this guide, the securities laws refer to the Securities and Futures Act (Cap. 289) (“SFA”) and the Financial Advisers Act (Cap. 110) (“FAA”). The contents of this guide are not exhaustive, have no legal effect and do not modify or supersede any applicable laws, regulations or requirements.

 

MAS

Latest ADB Economic Working Paper Series:  

ADB

Latest ADBI Working Papers:  

ADB

Asian Development Outlook Supplement: A Firmer Growth Outlook for Asia, December 2017. The growth outlook for developing Asia this year is upgraded to 6.0%, or 0.1 percentage points higher than the rate envisaged in September in Asian Development Outlook 2017 Update. The unexpectedly strong expansion in Central, East, and Southeast Asia more than offsets a downward adjustment to growth forecasts for South Asia. In 2018, regional growth is expected to slow slightly to 5.8%, as predicted in the Update. Excluding the newly industrialized economies of the Republic of Korea (ROK), Singapore, Taipei,China, and Hong Kong,China, the growth outlook for the region is revised up to 6.5% from 6.4% for 2017 but unchanged at 6.3% for 2018...

 

ADB

Education and Skills for Inclusive Growth, Green Jobs and the Greening of Economies in Asia--Case Study Summaries of India, Indonesia, Sri Lanka and Viet Nam, Published 2017. This book presents an overview of the main research findings and case studies concerning education and skills for inclusive growth, green jobs and the greening of economies. Focusing on India, Indonesia, Sri Lanka and Viet Nam, it discusses government and business sector responses to these issues and how Technical and Vocational Education and Training (TVET) systems and institutions are addressing both the renewal of curricula in the context of green growth dynamics, and patterns of training and skills development to meet demands...

 

ADB

Human Capital Development in South Asia: Achievements, Prospects, and Policy Challenges, Published 2017. Human capital is an important factor for economic growth in South Asia. Between ¯1981 and 2010, human capital contributed about 22% of annual gross domestic product per worker growth in India. During the same period, it contributed around ?¯21% in Bangladesh, and ¯16% in Sri Lanka. However, education and skills remain the binding constraint. Raising the quality of education and skills in South Asia’s workforce can play a critical role in catching up to the level of development of the People’s Republic of China, the Republic of Korea, and other successful Southeast Asian economies...

 

ADB

Pacific Economic Monitor, December 2017. The Pacific is among those parts of the world most vulnerable to weather-related disasters. To illustrate, 5 of the top 15 countries with the highest risk, and 10 of the top 30 facing the largest potential economic losses from disasters, are in the subregion. With climate change bringing additional risks from global sea level rise—and potentially heightening vulnerability to more intense, frequent, and prolonged extreme weather events—Pacific economies are stepping up adaptation efforts to brace for future adverse impacts...

 

ADB

Water–Energy Nexus in the People’s Republic of China and Emerging Issues, Published 2017. This report analyzes the trade-off between the two sectors in the context of the People’s Republic of China and proposes recommendations to ensure that the choices made are sustainable in the long run. Water and energy are both valuable resources and indispensable for human society and economic development. By nature, water and energy are interlinked. Water plays a critical role in the generation of electricity for cooling of thermal power plants and in hydropower, as well as in the production of fossil fuels such as coal; energy is required to treat, distribute, and for wastewater treatment. Choices made in either of the sectors may have unintended and often negative implications on the other sector.

 

ADB

Large-Scale Soil Health Restoration: The Way Forward for Reversing Climate Change while Enhancing Food and Nutrition Security, November 2017. This paper describes soil health, and lists soil-regenerative agriculture practices that can mitigate and reverse climate change, improve water management, and enhance food and nutrition security. Soil has been overlooked as a natural resource yet it can be an ally in bringing carbon dioxide levels down by functioning as a natural carbon sink. Soil health is also central in feeding a growing global population. Healthy soil increases the adaptive capacity of plants to withstand extreme weather conditions and lessens crop failures. Healthy soil is also essential to fight malnutrition, particularly in rural areas.

 

ADB

Latest APEC publications:

 

APEC

 

 

 

 

 

 

 

 

December, 2017

 

 

 

 

 

 

The Great Rejuvenation? China’s Search for a New ‘Global Order’ November 2017. This Asia Paper explores how China, a ‘partial’ global power, can set the agenda and determine the rules in a global order dominated by a declining yet unyielding global power. In exploring this question, we present the argument that building ‘alternative’ regional and global institutions might be a safer strategy for China. Further, it examines how China is through institutions, such as the Belt and Road Initiative (BRI) and the Asian Infrastructure Investment Bank (AIIB) incrementally delimiting its sphere of influence and shaping other states’ actions in Asia. Despite the People’s Republic of China’s narrative that AIIB and the BRI have been great successes and projects of the century, China’s multilateral institutions still face insurmountable challenges...

 

ISDP

Trends in Southeast Asia 2017 #20: The 2017 Johor Survey: Selected Findings. ISEAS commissioned the 2017 Johor Survey to understand Johor residents' attitudes towards state and federal government, the economy, Islamic identity, the Johor royal family, as well as development projects like Iskandar Malaysia. This is a presentation of selected findings from the survey. A majority of respondents are satisfied with the Johor government's management of the state. There is mild optimism over the economic future of the state across the board, except for Chinese respondents who are generally more pessimistic. Chinese respondents are more likely to report smaller improvements in the financial situation of their households...

 

ISEAS

Trends in Southeast Asia 2017 #19: Malaysia’s Electoral Process: The Methods and Costs of Perpetuating UMNO Rule. Malaysia will hold its 14th general election before August 2018, bringing renewed focus on the nature of political competition in the country. This paper provides a systematic overview of the electoral process and an assessment of how it shapes the country’s political environment. Political competition in Malaysia is extensively manipulated to provide the incumbent government substantial advantages in elections. Most of the manipulations are a result of institutional bias during the pre-election phase. They create a fundamentally uneven playing field that has entrenched the political dominance of the UMNO-led coalition...

 

ISEAS

Trends in Southeast Asia 2017 #18: Harnessing the Potential of the Indonesian Diaspora. In recent years, the Indonesian government has increased efforts to harness the economic, political, and social potential of its diaspora. A recent high-profile event was the 4th annual Congress of Indonesian Diasporas that took place in Jakarta on 1 July 2017. Opened by former U.S. President Barack Obama, the event was intended to draw the Indonesian public's attention towards the contributions of Indonesian diaspora communities abroad. Current estimates put the number of overseas Indonesians at up to 8 million people worldwide. Members of the Indonesian diaspora are lobbying for legislative amendments, including dual citizenship, parliamentary representation, property ownership rights, and constitutional recognition...

 

ISEAS

Trends in Southeast Asia 2017 #17: The Central Role of Thailand’s Internal Security Operations Command in the Post-Counter-insurgency Period. The Thai military's Internal Security Operations Command (ISOC) was in charge of a wide range of civil affairs projects during the country's struggle with the communist insurgency between the mid-1960s and the mid-1980s. These projects — including rural development programmes, mass organizations and mobilization campaigns, and psychological operations — provided justification for the military to routinely penetrate the socio-political sphere...

 

ISEAS

Trends in Southeast Asia 2017 #16: The Political Economy of Chinese Investment in Cambodia. China suffers from a trust deficit in the region, and Southeast Asian countries have adopted hedging strategies, at varying degrees, aimed at diversifying their economic and strategic interests from Chinese investments and influence. Cambodia considers China as an important strategic and economic partner in providing performance legitimacy and as a countervailing force against its immediate neighbours...

 

ISEAS

Trends in Southeast Asia 2017 #15: The Growing “Strategic Partnership” between Indonesia and China Faces Difficult Challenges. Jakarta–Beijing relations have experienced significant progress, especially since the Yudhoyono presidency. Economic links between the two countries have expanded rapidly and tourism and cultural exchanges have also shown improvements. Issues that may affect Indonesia-China relations negatively in the future include...

 

ISEAS

Mounting Pressure for Japan to Tackle Immigration Policy, November 2017. Toshihiro Menju, Managing Director at the Japan Center for International Exchange, explains that “Recent projections by the National Institute of Population and Social Security Research show that steeper population declines are ahead.”

 

EWC

The 2017 APEC Summit: A Game Changer for the Asia-Pacific? November 2017. Le Dinh Tinh, Senior Fellow at the Diplomatic Academy of Vietnam, explains that “For the first time ASEAN leaders had a dialogue with APEC members’ heads of delegation. This is a testament to both ASEAN and APEC’s continued aspirations for a wider community of cooperation.”

 

EWC

India's Responses to the Complex Rohingya Crisis in Myanmar, November 2017. Baladas Ghoshal, Secretary General of the Society for Indian Ocean Studies, explains that “New Delhi has to balance between its security concerns and moralism on humanitarian issues.”

 

EWC

India's Evolving Subregional Strategy, November 2017. K. Yhome, Senior Fellow with the Observer Research Foundation, explains that “New Delhi’s evolving subregional approach needs to view the three subregions as a single strategic arch.”

 

EWC

A Grim Outlook for China's Civil Society in the Wake of the 19th Party Congress, October 2017. Ketty Loeb, Grants and Development Specialist at the East-West Center, explains that “The concurrent crackdown on some aspects of civil society with the apparent “opening” of legal and administrative efforts, then, form the fine balance of the Xi administration’s approach to civil society thus far.”

 

EWC

China and the United States as Aid Donors: Past and Future Trajectories, Published 2017. The United States and China have followed nearly parallel paths as providers of foreign aid over the past seven decades. Although both programs were ostensibly aimed at Third World economic development, both countries also leveraged the programs to further their own national interests, using very different strategies. The United States has largely provided foreign aid with the aim of stabilizing the world order, favoring a patron-client relationship with recipient countries, and using aid to promote economic and political liberalization...

 

EWC

Clear Waters and Green Mountains: Will Xi Jinping Take the Lead on Climate Change? November 2017. President Trump’s announced withdrawal from the Paris Agreement shone a light on China’s efforts to fight climate change, which are as much about economics and technology as environmental responsibility. Longer-term technological and economic change may lead China to eventually show greater diplomatic ambition on climate. China cannot assume an international leadership position on climate until it deepens its domestic energy transition and greens its overseas investments.

 

Lowy

Autopilot: East Asia Policy Under Trump, October 2017. Despite President Donald Trump’s promise to adopt an America First foreign policy, US policies in East Asia — on issues from trade, to diplomatic engagement, to the North Korean nuclear crisis — now more closely resemble those of Trump’s predecessors than his campaign vision. There are few advisers around President Trump with the necessary expertise, experience, and inclination to implement an America First foreign policy in Asia. Most principals hold conventional Republican views, and lead institutions that have advanced conventional policies. As a result, US policy in East Asia is on autopilot. The greatest risks are not a deliberate crash, but that of a crisis, in which the autopilot will disengage and President Trump will be required to fly the plane; or that the United States will drift far off course before a qualified pilot can retake control.

 

Lowy

An Accident Waiting to Happen: Trump, Putin and the Us-Russia Relationship, October 2017. US–Russia relations are more problematic and acrimonious than at any time since the end of the Cold War. Hopes in Moscow that Trump’s election might lead to a rapprochement have evaporated, and even limited cooperation appears a distant prospect. Trump’s anarchic tendencies will further destabilise relations in a volatile international context. The risk of direct confrontation between the United States and Russia has increased tangibly.

 

Lowy

Latest APEC publications:

 

APEC

Asia Bond Monitor, November 2017. Yields in emerging East Asia rose between 1 September and 31 October, tracking increases in yields in major advanced economies. While emerging East Asia’s financial markets have been stable on the back of strong global economic growth, potential risks are looming. These include further tightening of global liquidity as more central banks move to normalize monetary policy, and the longevity risk faced by financial institutions, which will require more hedging instruments in financial markets...

 

ADB

Third Review of Enhancing the Asian Development Bank's Role in Combating Money Laundering and the Financing of Terrorism, November 2017. The Asian Development Bank (ADB) Board of Directors adopted the Policy on Combating Money Laundering and the Financing of Terrorism on 1 April 2003. The policy calls on ADB to (i) assist developing member countries (DMCs) in establishing and implementing effective legal and institutional systems to combat money laundering and the financing of terrorism; (ii) increase collaboration with other international organizations; (iii) strengthen internal controls to safeguard ADB funds; and (iv) upgrade ADB's staff capacity...

 

ADB

The Sri Lankan Economy: Charting a New Course, Published 2017. This is a pivotal period in Sri Lanka’s economic development. The end of conflict opens a door for accelerated economic growth and poverty reduction. Reform is needed to regain momentum because fiscal imbalances and rising public debt could jeopardize macroeconomic stability...

 

ADB

At A Glance: Food Insecurity in Asia: Why Institutions Matter, Published 2017. While overall food security has improved remarkably in Asia in the past decades, food insecurity still prevails in many developing countries in the region. According to the Food and Agriculture Organization, over 500 million Asians still suffer from hunger. Sound strategies need to be developed and actions undertaken to fight food insecurity in Asia.

 

ADB

Asean 4.0: What Does the Fourth Industrial Revolution Mean for Regional Economic Integration? Published 2017. The Fourth Industrial Revolution refers to a set of highly disruptive technologies, such as artificial intelligence (AI), robotics, blockchain and 3D printing, that are transforming social, economic and political systems and placing pressure on leaders and policy-makers to respond. The paper discusses the huge benefits these technologies will bring, such as empowering SMEs and creating new ways to connect citizens to healthcare...

 

ADB

Central and Local Government Relations in Asia, Published 2017. This book’s insights are essential for policy makers in Asia and academics and researchers in the areas of economic development, public finance, and fiscal policy as well as development aid officials, multilateral banks, and NGOs.

 

ADB

Compendium of Supply and Use Tables for Selected Economies in Asia and the Pacific, Published 2017 . This publication outlines the relevant statistical and economic concepts, data compilation and development practices, project implementation strategies, and the results of the project. It also includes an abridged version of the supply and use tables (SUTs) of the 19 participating economies. The more detailed tables are available online through the ADB website.

 

ADB

Asian Economic Integration Report 2017: The Era of Financial Interconnectedness - How Can Asia Strengthen Financial Resilience? (Full Report, Highlights). This year’s Asian Economic Integration Report introduces a new composite index to gauge the progress of regional cooperation and integration (RCI) in Asia and the Pacific. RCI plays an important role in supporting economic growth and poverty reduction, and has been high on the development agenda for many Asian economies in recent years. Supporting RCI is one of ADB’s key strategic priorities for development assistance in the region. An index that calibrates the status of RCI can be a useful policy tool for assessing the progress of RCI efforts especially by various subregional initiatives...

 

ADB

Latest ADB Economic Working Paper Series:  

ADB

Latest ADBI Working Papers:  

ADB

Hmong Studies Journal, Vol. 18, 2017  

HSJ

 

 

 

 

 

 

 

 

November, 2017

 

 

 

 

 

 

Monetary Authority of Singapore: Macroeconomic Review, Volume XVI, Issue 2, October 2017 (Full Report, Presentation Slides for Briefing):  

MAS

Singapore Corporate Debt Market Review 2017. Despite the slowdown in economic conditions for emerging Asia, Singapore’s corporate debt issuance volumes increased moderately in 2016. Total debt issued grew 7% year-on-year to reach SGD 186 billion in 2016, from SGD 174 billion in the previous year Growth was primarily driven by increased issuance of non-SGD denominated bonds as issuers sought to raise international capital to finance regional and global growth...

 

MAS

2016 Singapore Asset Management Industry Survey, September 2017. At the end of 2016, total assets managed by Singapore-based asset managers grew by 7% year-on-year to reach S$2.7 trillion, up from S$2.6 trillion in 2015. Over the last five years, the industry’s assets under management (“AUM”) expanded at a 15% compound annual growth rate (“CAGR”). The Singapore asset management industry continued to maintain a high level of discretionary AUM, which increased from 52% to 53% of AUM in 2016. This reflected the industry’s depth of expertise in higher value-added activities such as portfolio management...

 

MAS

CNA-IPS Survey on Ethnic Identity in Singapore. In 2017, the Institute of Policy Studies (IPS), with funding from Channel NewsAsia (CNA) at MediaCorp, conducted a survey on ethnic identity and the state of inter-ethnic interactions with 2,020 respondents. This CNA-IPS survey aimed to study what Singaporeans felt were core identity markers of the main ethnic groups in the country. The survey also examined the extent of ethnic cultural performance among Singaporeans, what they believe should be transmitted to their children, and the extent of their understanding of and engagement with other ethnic cultures. In the age of globalisation, when a variety of cultural products are available, the survey also examined the affinity Singaporeans have to different world cultures. All this information is important if we are to better understand the consequences as well as the future of the CMIO framework, which underpins several public policies...

 

IPS

US–Vietnam Relations Under President Trump, November 2017. Under the Obama administration, the US–Vietnam relationship expanded, especially in terms of security cooperation. China’s increasing assertiveness in the South China Sea has helped to warm US–Vietnam bilateral ties. The Trans-Pacific Partnership also offered Vietnam an opportunity to escape China’s economic orbit. But just as the hard-earned security rapprochement was starting to gain momentum, newly elected US President Donald Trump announced the US withdrawal from the Trans-Pacific Partnership. Soon after the rebalance to Asia was declared officially dead. Neither was good news for Vietnam. Despite initial anxiety over Trump’s reluctance to engage with Southeast Asia, there have been some positive signs that the relationship will continue to prosper. High-level meetings have helped to reassure Hanoi that the Trump administration has an interest in deepening bilateral relations. President Trump’s attendance at the APEC Summit in November 2017 in Da Nang and a scheduled side trip to Hanoi will be important signals of how President Trump views what has become one of the United States’ most important emerging relationship in Southeast Asia.

 

Lowy

Australia’s Offshore Patrol Vessels: Missing an Opportunity? November 2017. While much public attention has been given to the acquisition of Australia’s new submarines and frigates, the acquisition of offshore patrol vessels (OPVs) to replace the Armidale-class patrol boats under Project SEA 1180 has attracted much less scrutiny or comment. It deserves more. Although an OPV is a much less complex platform than a modern frigate or submarine, Project SEA 1180 will produce a significant element of the ADF structure and have a major role in Australia’s national security efforts, and some aspects of the project construction arrangements are certainly unusual.

 

ASPI

People Smugglers Globally, October 2017. Globally, there are some 767 million people living below the poverty line. In Africa alone, there are some 200 million people ‘aged between 15–24 and this will likely double by 2045’. While these figures are startling, the fact that in 2016 only 189,300 refugees were resettled highlights the scale of the likely demand for irregular migration. Much has been said and published on irregular migration from the perspective of the migrant. In the process, it has become politically expedient to homogenise perceptions of people smugglers. This new ASPI report focuses on people-smuggling syndicates globally. The report provides a concise analysis of the various people-smuggling syndicates operating in the globe’s people smuggling hot-spots. This authoritative report provides a concise analysis of each people smuggling hot-spot, with accompanying policy recommendations for interventions.

 

ASPI

Malaysian Reactions and the Political Calculus of Prime Minister Najib's White House Visit, October 2017. Matthew Kah Weng Wong, Former Researcher with the East-West Center in Washington, explains that “For Najib’s domestic supporters and prominent government lawmakers, the meeting with Trump was seen as an unprecedented success and a legitimization of Najib as Malaysia’s elected leader.”

 

EWC

Despite Cuts in Defence Cooperation Program (DCP), Australia has Sustained Interest in Southeast Asia, October 2017. Roman Madaus, Former Researcher with the East-West Center, explains that “It is clear that Australia is shifting its funding priorities eastwards. However, it is unlikely that this indicates less interest in Southeast Asia.”

 

EWC

Mongolia's Domestic Politics Complicate Foreign Policy in a Precarious International Setting, October 2017 . Mendee Jargalsaikhan, Political Science PhD Candidate at the University of British Columbia, explains that “Mongolian diplomats need to disentangle foreign policy from domestic political competition.”

 

EWC

Litigating the Right to Health: Courts, Politics, and Justice in Indonesia, Published 2017. Recent increases in health rights litigation in low- and middle-income countries triggered debates regarding the effects of such litigation on the equity and effectiveness of health systems. Proponents argued that such litigation promotes health rights by holding governments accountable. Critics claimed that, as such litigation is employed mostly by the middle-class, it leads to regressive health spending and access. A third group suggested that results depend on whether such litigation is individually or collectively focused--with individually focused litigation helping only individuals while collectively focused litigation potentially helps larger numbers. This study examines Indonesia's experience with health rights litigation and efforts promoting health rights in developing countries in general...

 

EWC

The Trans-Pacific Partnership: Origin, Evolution, Special Features, and Economic Implications, October 2017. The Trans-Pacific Partnership (TPP) agreement was signed by its 12 members in February 2016 after concluding its difficult and long negotiations. The TPP is an ambitious agreement with high-level of trade and investment liberalization and comprehensive issue coverage, setting a new standard for global trade. Large economic benefits can be expected from the enactment of the TPP. The ratification of the TPP in its agreed form is not possible because of the withdrawal of the US from the TPP. The paper argues that the TPP without the US, or TPP11, should be pursued by remaining 11 members, to keep the momentum toward trade and investment liberalization and to fight against growing protectionism.

 

ISEAS

Trends in Southeast Asia 2017 #14: The Rising Politics of Indigeneity in Southeast Asia. Amidst rising trends of “nativism” and “xenophobia” throughout Southeast Asia, a related yet distinct movement framed around altogether different notions of “Indigeneity” is occurring among various long-oppressed ethnic minorities. These groups and their distinct claims of Indigeneity and linkages with the regional and global Indigenous movements are all arising in response to the heightened incorporation of their communities and territories into expanding nation states...

 

ISEAS

Trends in Southeast Asia 2017 #13: The Peace Process and Civil–Military Relations During the NLD Administration’s First Year. Peace and political considerations are priorities in Myanmar as indicated by Daw Aung San Suu Kyi’s frequent pronouncements. While 2017 would not easily become the “year of peace”, stakeholders including ethnic armed organizations (EAOs) appear willing to engage further at the negotiating table although the Tatmadaw (military) has stuck to the Nationwide Ceasefire Agreement (NCA) route reiterated by the National League for Democracy (NLD) government at the 21st Century Panglong Conference...

 

ISEAS

Capital Flows and Financial Stability in Emerging Economies, October 2017. Evidence for the impact of international capital flows on the financial sector’s stability is mixed. This paper looks at the relationship between capital flows and financial stability in emerging economies. The findings suggest that, after controlling for several macroeconomic factors, there are significant effects of different gross capital flow measures on the financial stability proxies, but they are not homogeneous across economies and across flow types. The paper proposes several country-specific financial and macroeconomic characteristics to help explain these differences.

 

ADB

The Urbanization, Development, Environment, and Inequality Nexus: Stylized Facts and Empirical Relationships, October 2017. Higher levels of urbanization have worsened poverty and rural-urban gaps, particularly in Asia. We summarize and expand the understanding of the urbanization, development, environment, and inequality nexus. Economic growth and development, urbanization, and electricity consumption are highly correlated. While urbanization may be more evidence of economic progress than a catalyst for economic growth, there is some evidence that poor countries are over urbanized. Also, electricity consumption is at least a proxy for, if not a cause of, both nonagricultural employment and improved quality-of-life opportunities that encourage rural-urban migration...

 

ADB

The Role of Punctuation in P2P Lending: Evidence from the People’s Republic of China, October 2017. Too much punctuation in P2P loan descriptions makes them hard to read and lowers the chance of funding and the borrowing rate. We investigate the role of punctuation in the peer-to-peer (P2P) lending market. Using data from Renrendai, one of the largest P2P lending platforms in the People’s Republic of China, we investigate how the amount of punctuation used in loan descriptions influences the funding probability, borrowing rate, and default. The empirical evidence shows that the amount of punctuation is negatively associated with the funding probability and borrowing rate...

 

ADB

Intergenerational Transfers, Demographic Transition, and Altruism: Problems in Developing Asia, October 2017. As an economy develops, more resources are transferred from working adults to their children than to their elderly parents. We develop a three-period overlapping-generations model where middle-aged agents care about not only their own lifetime utility but also their old parents’ and children’s well-being. The double altruistic agents choose amounts of intergenerational transfers to their old parents and children as well as private savings. Governments specify amounts of public transfers from working adults to the dependents. The model also takes the effects of demographic transition on the burdens of supporting elders and children into account...

 

ADB

Inequality, Aging, and the Middle-Income Trap, October 2017. Inequality and income distribution are key drivers of the middle-income trap, while the issue of aging is less important. Based on required growth rate and actual growth rate, we propose a method to construct measures to indicate the probability of a country escaping the middle-income trap (MIT). We model this probability using 1960–2015 cross-country data, focusing on the roles of income distribution or inequality and aging. We found that: (i) both the level of and the change in inequality are important drivers of MIT, with surprisingly large impacts...

 

ADB

Impact of the People’s Republic of China’s Slowdown on the Global Economy, October 2017. An economic crisis in the People’s Republic of China would be worse for developing Asian economies than for the world's developed countries. Across the world, researchers and business analysts are closely watching the People’s Republic of China (PRC), especially its recent economic slowdown. Asia and the Pacific region is anxious about the PRC’s slowdown, but the rest of the world has definite reason to worry about the consequences of a slowdown in the world’s second-largest economy. During the last few decades, the PRC has integrated strongly with Asia and also with the rest of the world. We investigate the impact of the PRC’s slowdown on the global economy...

 

ADB

Two Decades of Structural Transformation and Dynamics of Income Equality in Indonesia, October 2017. Poverty reduction is slowing in Indonesia, with income inequality rising significantly. Successful reductions in poverty, resulting from substantial increases in income and structural transformation, have been associated with growing levels of income inequality. We explore the link between structural transformation and inequality in Indonesia by applying Theil’s L decomposition (both static and dynamic) to the National Socio-Economic Surveys of 1996, 2005, and 2014 and panel data analysis of provincial macroeconomic datasets. We confirm that, as seen in other developing countries, Indonesia has experienced an agriculture–service transition, before the industry sector has matured...

 

ADB

How to Identify Specialization? The Case of India’s Cities, September 2017. Competency in manufacturing is declining for many Indian cities and Bengaluru is now the most competitive in financial intermediation, real estate, and other business services. Given that India’s urban areas contribute to nearly two-thirds of its gross domestic product, even though they account for only 31% of the country’s population, they have been rightly called the engines of India’s growth. In this paper, we answer the following questions: What are the economic specializations of Indian cities and towns, and how have these specializations changed over time? What part of these specializations identified is due to the local advantages, and what part is due to growth of the industry or national economic growth...

 

ADB

ASEAN+3 Bond Market Guide 2017: Brunei Darussalam, Lao People's Democratic Republic, and Philippines. ASEAN+3 Bond Market Guide is a comprehensive explanation of the region’s bond markets. It provides information such as the history, legal and regulatory framework, specific characteristics of the market, trading and transaction (including settlement systems), and other relevant information.

 

ADB

Latest APEC publications:

 

APEC

Philippine Institute for Development Studies - Policy Notes:  

PIDS

Latest Philippine Institute for Development Studies - Discussion Papers:  

PIDS

Philippine Institute for Development Studies - Development Research News:  

PIDS

Journal of Global Buddhism, Volume 18, 2017  

JGB

 

 

 

 

 

 

 

 

 
 

  

 
 

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