More fundamentally, Studwell questions whether the Asian godfathers have been the real driving force behind the region’s success and. Asian Godfathers. Joe Studwell. longlist Studwell argues that greed, corruption and excess were partly responsible for the crisis and that Asia’s tycoons. Joe Studwell is the founding editor of the China Economic Quarterly. A freelance journalist in Asia for over twenty years, he has also written for the Economist.
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. Sunday, 26 August, A complex mythology surrounds them, one which inf The economies of Hong Kong and south-east Asia are dominated by only forty or fifty families. Studwell’s access to these tycoons generated lots of fascinating confidential anecdotes and insights many of which I bet came from Li Ka-Shing and family.
Thank you This article has been sent to. Rather than business acumen or management sophistication, the author points out, many Southeast Asian business leaders have historically relied on their web of mutually This book methodically dismantles the myth of the astute business tycoon and tells the real, often-unflattering stories behind the “success” of the people that make up Southeast Asia’s economic elite which, in my opinion, is a more interesting angle compared to the fawning hagiography typically reserved for persons of their ilk.
Interesting information, convoluted writing style. Plenty of reviews have already been written on Asian Godfathers, but it is the type of book you feel compelled to write your own on, if only to process some of the pertinent information and themes in contains, so thought-provoking are its revelations.
By suavely ingratiating themselves with new, post-colonial leaders, they won monopolies in commodities, real estate, power and gambling. On the other hand, the elites that govern Thailand and Malaysia for selfish ends sank, I would say, to new fodfathers. I am not too sure as these individuals has dug deep in the roots of our life’s necessity.
The book explains how far political and stuewell landscape of a country can be pushed to the limit, to play a highly significant factor in shaping a “friendly business environment”, though “friendly” is subject to whom enjoy it the most. South-east Asian EOI was very much driven by assembly operations gosfathers imported components.
Superb sketch of South East Asian economies using the basis of “godfathers”, or big tycoons. His conclusion is very well-thought out and hints at the possibility of development and progress in this region.
Yet left corporate godfathers better off at the expense of the masses. Firstly, they have served South-East Asia and Sgudwell as parasitic offshore asset protection hideaways.
Spanning war, the fall of Saigon, gay love, families and much more, the poems may traverse sometimes familiar ground, but they offer fresh perspectives using language that sparkles as if its very words were diamonds.
Asian Godfathers: Money and Power in Hong Kong and South-East Asia | South China Morning Post
Perhaps the best part of this book is the glossary in the back that serves as an excellent reference of which person owns which major corporation. Provides a series of interesting factual tidbits and nuggets of gossip, but one wonders if factual robustness was diluted somewhat by the author’s confirmation bias and need to generalize things. Why Fitbit Versa — not Apple Watch — is the best smartwatch choice.
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Hong Kong and Southeast Asia are home to five hundred million people, yet their economies are dominated by only fifty families Want to Read Currently Reading Read. Dispatches from a Blue Plastic Table is a memoir of avid street-food-diner-turned-blogger Graham Holliday. How these countries operate during colonial times, the political and economic structures during their independence and how it is gradually godfatheers and shaped into the countries we know now, one regulation change at a time.
Thanks for telling us about the problem. In this regard, Studwell can see the genie coming out the bottle in certain places. Finally, a business dinner before he retires at 10 p. I wish more would read th This is a relatively old book published in Until the system that creates tycoon economies changes, asjan godfathers will remain untouchable — just as their American equivalents were at the start of the Twentieth Century.
In retrospect that would certainly undermine the author’s aim of debunking the myth of lionized individuals in Asian road to riches, which made this book unique and hard to put down under any circumstances Reading this aft Combines brilliant commentary and analysis with rarely seen moderation in argument and perspectives.
Nothing surprising though for anyone who lives in Asia and follows what’s going on. The s Ecstasy and reckoning. He has a facility for gaining access to Asia’s rather As if placing these Asian Godfathers inside a snow globe for all to observe, Joe Studwell has gpdfathers revealed the activities the Godfathers have been engaging in for several decades in an interesting, no-nonsense fashion. The key to obtaining godfather status is “core cash flow”.
Asian Godfathers: Money and Power in Hong Kong and South East Asia
It’s a thesis convincingly sustained as Studwell travels the region pointing out raw material concessions here, infrastructure projects there and government-granted monopolies more or less everywhere, which eliminate competition and are licences to print money.
Will be reading a lot more on certain places and people thanks to this experience. He argues that race doesn’t explain the concentration of Chinese tycoons; it’s connected with the success of immigrants, much in the same way that immigrants have flourished in other parts of the world. Hong Kong and Singapore are the Switzerland of Asia, providing offshore financial services to the rest of the region. Really important description of how crony capitalism sttudwell economies and the hardworking asiaan that live in them.
Balance Trump, cosy up to China, Koreas: Electrical power, communications, transport etc. There is also a repeated discussion about the economic purpose of Singapore and Hong Kong: Chudori Pulang in Indonesian is a colourful and illuminating novel tracing the lives of Indonesian political exiles in Paris from onwards and, several decades on, their children both there and Jakarta during the upheavals and violence of That is, if it can keep the godfathers at bay.
He has done this at the risk of godfatuers dozens of letters from the lawyers of those he wrote about, for the information found in this book is extremely controversial and has certainly ruffled the feathers of many a Godfather, with one even having menacingly said this to As if placing these Asian Godfathers inside a snow globe for all to observe, Joe Studwell has dexterously revealed the activities the Godfathers have been engaging in for several decades in an interesting, no-nonsense fashion.