IniciGrupsConversesMésTendències
Cerca al lloc
Aquest lloc utilitza galetes per a oferir els nostres serveis, millorar el desenvolupament, per a anàlisis i (si no has iniciat la sessió) per a publicitat. Utilitzant LibraryThing acceptes que has llegit i entès els nostres Termes de servei i política de privacitat. L'ús que facis del lloc i dels seus serveis està subjecte a aquestes polítiques i termes.

Resultats de Google Books

Clica una miniatura per anar a Google Books.

S'està carregant…

Asian Godfathers: Money and Power in Hong Kong and Southeast Asia

de Joe Studwell

MembresRessenyesPopularitatValoració mitjanaMencions
1102249,111 (3.88)2
The author of How Asia Works follows the money. "Alarming . . . enlightening . . . Joe Studwell should be named chief myth buster for Asian business" (Financial Times).   Hong Kong and Southeast Asia are home to five hundred million people, yet their economies are dominated by only fifty families whose interests range from banking to real estate, shipping to sugar, gambling to lumber. At their peak, eight of the world's two dozen richest men were Southeast Asian, but their names would not be familiar to most regular readers of The Wall Street Journal.   A complex mythology surrounds these billionaires, but in Asian Godfathers, Joe Studwell finds that the facts are even more remarkable than the myths. Studwell has spent fifteen years as a reporter in the region, and he marshals his unprecedented sources to paint intimate and revealing portraits of the men who control Southeast Asia. Studwell also provides us with a rich and deep understanding of the broader historic, economic, and political influences that have shaped Southeast Asia over the past 150 years.   Asian Godfathers is a riveting and illuminating book that lifts the curtain on a world of staggering secrecy and hypocrisy, and reveals--for the first time--who the leaders of one of the planet's most important and tumultuous markets really are, why they got to the top, and how they keep themselves there.   "The romp around the region's pleasure domes is a blast." --The Wall Street Journal (Asia)… (més)
  1. 00
    New Asian Emperors: The Overseas Chinese, Their Strategies and Competitive Advantages de George Haley (mercure)
    mercure: This book covers the same subject Haley's book is more scientific, Studwell's more journalistic.
Cap
S'està carregant…

Apunta't a LibraryThing per saber si aquest llibre et pot agradar.

No hi ha cap discussió a Converses sobre aquesta obra.

» Mira també 2 mencions

Es mostren totes 2
excellent insight of Asian business community ( )
  wooiklim | Sep 16, 2016 |
It must have cost Joe Studwell a good deal of work to integrate his knowledge of Asian business and politics and produce this exceptional book.

He has a facility for gaining access to Asia's rather secretive Chinese billionaires since they are obviously not in the habit of sitting around and sharing their fine French wine with any regular gweilo. It may be because he actually quite likes them (and this comes across in the book) which helps but at the same time it doesn't make his job of a balanced analysis any easier.

Nevertheless he succeeds, with the book being built around his statement that, “It is the politicians job to defend societies interests.” In some countries they do, such a Japan, South Korea, Taiwan and to a lesser extent China, and in some they don't such as the Philippines, Indonesia, Malaysia and Thailand with a general divide between NE Asia (successful) and SE Asia (unsuccessful).

He concludes that it is systems, not people that make a country rich, with efficient political and social institutions being the key to prosperity rather than the empty but fashionable idea of “Asian values”.

He makes it fairly clear that the traditional Chinese merchant class of SE Asia has successfully exploited weaknesses in their respective governments in classic special interest fashion to gain favours and capture spectacular excess profits. It's the people of these countries that lose as they pay higher prices and stumble from one financial crisis to the next while they are trapped in poverty.

The basic deal is that cash generating monopolies such as gambling, land development rights, mobile telephones, importing and trading foodstuffs, flour manufacturing etc. are granted by politicians to the Chinese “Godfathers” in exchange for a cut (remarkably identified as 10%) in the profits. It doesn't seem to matter in SE Asia what type of government is involved. Democracies, military dictatorships, right and left wing all fall into the same corrupt system with the 10% cut being a recognized prize of political success.

Also the system is so ingrained that the Godfather monopolies have more or less become the only viable economic organizations left standing so SE Asian governments are have to reach agreements with them.

A major and not so obvious conclusion that Studwell emphasizes is that there is no place in these setups for internationally competitive manufacturing businesses with high levels of research and development and skilled labour of the South Korean type. On the contrary, Godfather businesses are designed to avoid competition through licences and tend to concentrate on trading and raw material extraction.

The rather surprising but inescapable conclusion is that the Godfather businesses have very little to do with the Asian manufacturing success story. This success is due to large scale western outsourcing to mostly small asian manufacturers starting in the early 1980's and aided by NE Asian governments making a determined effort to educate their populations, develop technical skills and climb the value chain while providing a manufacturing environment that suits foreign corporations.

SE Asia also participates in the lowest level of outsourced manufacturing but the minimal profits are of no interest to the Godfathers although they do benefit indirectly for the generally increased Asian demand for the raw materials provided by their monopolies.

The author essentially shows the SE Asian Godfathers developing a finely tuned system for exploiting their respective countries in close alliance with corrupt politicians of the ethnic majority. This involves a high degree of artistry and Studwell shows in interesting detail for example how they manipulate their bank ownership to obtain 0% financing and play with Public/Private ownership of their corporations to capture all the upside while dumping all the risk on the public.

A central aspect is of course “Guanxi” (being plugged in/connected) whereby major efforts are made to bribe/entertain/give gifts/praise/be the best friend of those with political power or who may gain political power (Godfathers back all factions), with the interesting result that Godfathers develop a chameleon like nature, changing their names and presenting themselves for example as Thais in Thailand, Filipinos in the Philippines while simultaneously being Chinese with the Chinese.

As a relative of Henry Fok (one of the biggest Godfathers) says, “tycoon behaviour should be viewed through the prism of Eric Berne's 1960's bestseller “The Games People Play”, adding..They all want a shrink … to get it of their chest.”

In any event it is the people of SE Asia who lose as their countries stumble from one crisis to the next with a good example being the Philippines. As the 2006 World Development Report said, “15% of Filipinos were living in absolute poverty, and 47% subsisted on an income between US$1 and US$2 a day. Half of the 12 million population of Manila lives in shanty towns that line the expressways, rail tracks and waterways of the metropolis. After 25 years of repeated economic crises, the Philippines economy is now critically dependent on the overseas earnings of an estimated 10 million, mostly female workers – out of a population of 80 million – employed as child carers, nurses and more in richer states around the world.”

Studwell quotes the Philippine's best known living author, Francisco Sionil José (from an interview in the far Eastern Economic Review December 2004) quite simply saying, “We are poor because our élites have no sense of nation.”

Highly recommended. ( )
  Miro | Aug 3, 2014 |
Es mostren totes 2
Sense ressenyes | afegeix-hi una ressenya
Has d'iniciar sessió per poder modificar les dades del coneixement compartit.
Si et cal més ajuda, mira la pàgina d'ajuda del coneixement compartit.
Títol normalitzat
Títol original
Títols alternatius
Data original de publicació
Gent/Personatges
Informació del coneixement compartit en anglès. Modifica-la per localitzar-la a la teva llengua.
Llocs importants
Informació del coneixement compartit en anglès. Modifica-la per localitzar-la a la teva llengua.
Esdeveniments importants
Pel·lícules relacionades
Epígraf
Dedicatòria
Primeres paraules
Citacions
Darreres paraules
Nota de desambiguació
Editor de l'editorial
Creadors de notes promocionals a la coberta
Llengua original
CDD/SMD canònics
LCC canònic

Referències a aquesta obra en fonts externes.

Wikipedia en anglès (6)

The author of How Asia Works follows the money. "Alarming . . . enlightening . . . Joe Studwell should be named chief myth buster for Asian business" (Financial Times).   Hong Kong and Southeast Asia are home to five hundred million people, yet their economies are dominated by only fifty families whose interests range from banking to real estate, shipping to sugar, gambling to lumber. At their peak, eight of the world's two dozen richest men were Southeast Asian, but their names would not be familiar to most regular readers of The Wall Street Journal.   A complex mythology surrounds these billionaires, but in Asian Godfathers, Joe Studwell finds that the facts are even more remarkable than the myths. Studwell has spent fifteen years as a reporter in the region, and he marshals his unprecedented sources to paint intimate and revealing portraits of the men who control Southeast Asia. Studwell also provides us with a rich and deep understanding of the broader historic, economic, and political influences that have shaped Southeast Asia over the past 150 years.   Asian Godfathers is a riveting and illuminating book that lifts the curtain on a world of staggering secrecy and hypocrisy, and reveals--for the first time--who the leaders of one of the planet's most important and tumultuous markets really are, why they got to the top, and how they keep themselves there.   "The romp around the region's pleasure domes is a blast." --The Wall Street Journal (Asia)

No s'han trobat descripcions de biblioteca.

Descripció del llibre
Sumari haiku

Debats actuals

Cap

Dreceres

Valoració

Mitjana: (3.88)
0.5
1 1
1.5
2
2.5
3 1
3.5 2
4 4
4.5 1
5 3

Ets tu?

Fes-te Autor del LibraryThing.

 

Quant a | Contacte | LibraryThing.com | Privadesa/Condicions | Ajuda/PMF | Blog | Botiga | APIs | TinyCat | Biblioteques llegades | Crítics Matiners | Coneixement comú | 205,843,858 llibres! | Barra superior: Sempre visible