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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Li is ready for a massage.
So why has the southeast languished so long? The possibilities for tax evasion and transfer pricing between different south-east Asian jurisdictions have also produced vast funds in need of off-shore havens.
These city-states have gained the appearance of success via three avenues. Jet Li poses for photo with daughters in rare glimpse into private life.
Even though the author’s tone is very subjective and negative, jo ending was much lighter and positive. As a result, there are no global brands. This analysis is as much eye-opening as it is fascinating and alarming. Thereafter, there atudwell time for further administrative tasks before a 1p.
Aug 07, PMP rated it really liked it. I also think it’s a great piece to dispel myths on exactly how Asia developed the way that it did. There is, in turn, a pretty direct line from the insider manipulation of regional banks to the Asian financial crisis. 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 wtudwell services.
Asian Godfathers: Money and Power in Hong Kong and Southeast Asia – Joe Studwell – Google Books
Studwell is well-researched and has clearly thought out how best to map out his arguments whilst covering macro- and micro-level accounts of the intersection between public, private, and political godfather economics and kleptocracy in Studwlel Asia. Open Preview See a Problem?
The s Ecstasy and reckoning. Hong Kong and Southeast Asia are home to five hundred million people, yet their economies are dominated by only fifty families Godfathers today Defending the precious. Want to Read saving…. 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.
Business Books: Asian Godfathers–money, bets, and sex
With the exception of cronies of the most corrupt MarcosSuhartothe UMNO none of the “Godfathers” gkdfathers self made in a single generation. And then reality check kicks in. On top of interesting story about South East Asian’s tycoons, the book has an insightful chapter on what drove Asian financial crisis in late ‘s.
But what jpe business books didn’t tell us is what the book ‘Fooled by Randomness’ describe as “survivorship bias”, where numerous failed attempts in the same narrow field by many other people are left unexposed, hence these stories only biased towards the survivors of the game. Published inthe godfathfrs shows a snapshot of Asia back then, a meandering and enjoyable read for those particularly interested in the region.
Trivia About Asian Godfathers He is author of The China Dream. Oct 30, Jordi Costa rated it really liked it.
Asian Godfathers: Money and Power in Hong Kong and South-East Asia | South China Morning Post
Studwell also includes Hong Kong and Singapore in his analysis. Right up my alley of sobering, somewhat technical, economic reading, “yawn” for most everybody else. Each of the godfathers was able to use early money to purchase a concession concession. In South-East Asia, by contrast, land remained aasian on the wealthy few i.
Studwell shows that the great fortunes of HK are rooted in government regulations of the domestic economy that create inefficiencies in convenience stores, real estate, ports, etc.
It did not work for me but looking at all the great reviews; Maybe I lack something to appreciate this work. 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.
This was an interesting and eye opening, but I think misses the broader successes of HK, which are fairly indisputable when one looks at growth and immigration rates.
Firstly, they have served South-East Asia and China as parasitic offshore asset protection hideaways.
Another [direct competitor], described as ‘a cobra’, recently sent a box of chocolates to one of the godfather’s sons. Sunday, 26 August, Confessions of an expat teacher: Li also pays close attention to what brokerage reports say about his companies. So to put it shortly I’m not entirely convinced.
In Hong Kong, the families behind the publicly listed real estate companies that operate in an effective cartel all own private construction firms. Everyday Popular Culture by Philip Cornwel-Smith remains a fun, offbeat examination of ordinary Thai lifestyles and culture.