Southeast Asia's Credit Revolution

Southeast Asia's Credit Revolution
Author: Aditya Goenka
Publisher: Routledge
Total Pages: 233
Release: 2013-09-05
Genre: Social Science
ISBN: 113525558X

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Southeast Asia’s Credit Revolution describes and explains the rise of microfinance – the provision of credit and other financial services for the poor – in Southeast Asia, over the past four decades the most consistently successful region of the developing world. In recent years microfinance has come to be seen as a key weapon in the battle against global poverty, generating more enthusiasm and optimism than any other development strategy. Southeast Asia has a special place in the history of microfinance. Historically, Southeast Asian societies and economies were perceived as almost uniquely debt-ridden and credit-constrained. In the twentieth century, however, the region was in the forefront of the modern microfinance revolution. This book asks what factors have made it possible for formal microfinance institutions to replace moneylenders and other traditional credit providers. Bringing together economists, sociologists, anthropologists and historians, the book covers seven Southeast Asian countries. The topic is explored from cultural and institutional as well as economic perspectives, and policy-relevant lessons are offered for the design of successful microfinance institutions. Focusing on recent developments while putting them in historical context, this will be an important text for scholars and students of economic history, finance, institutional economics, and Asian Studies.

Credit and Debt in Indonesia, 860-1930

Credit and Debt in Indonesia, 860-1930
Author: David Henley
Publisher: Institute of Southeast Asian Studies
Total Pages: 215
Release: 2009
Genre: History
ISBN: 9812308466

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Credit and debt are practical concerns of all times and places. They are also increasingly important topics in economic history and the social sciences, from Marcel Mauss and the anthropology of the gift to the urgent quest for understanding of today's global credit crunch. This volume brings together eight essays on credit and debt in the history of Indonesia, where for centuries debt and debt bondage played central roles in the organization of society, and where efforts to combat 'usury' and free peasants from indebtedness were central to the ethical and nationalist movements of the late colonial period. Topics range from the inscriptions of ninth-century Java to the first global financial crisis in 1930, and from Islamic laws against the charging of interest to the role of Chinese temples and Dutch church charities as credit providers. The history of credit and debt in Indonesia is examined from a wide variety of perspectives - legal, institutional, and cultural as well as economic. Attention is paid to parallels and contrasts with more recent developments, including the Asian financial crisis of 1997 and Indonesia's rise to fame as a pioneer of the current global microfinance revolution.

Southeast Asia: The Long Road Ahead (2nd Edition)

Southeast Asia: The Long Road Ahead (2nd Edition)
Author: Chong Yah Lim
Publisher: World Scientific Publishing Company
Total Pages: 475
Release: 2004-02-04
Genre: Business & Economics
ISBN: 9813106220

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Latest Edition: Southeast Asia: The Long Road Ahead (3rd Edition) Southeast Asia is going through tremendous changes. The market-oriented economies of Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand have been showing robust growth, particularly before the Asian financial crisis of 1997/98. The transitional economies of Cambodia, Laos, Myanmar and Vietnam are also exhibiting signs of economic awakening and revival after years of internal political and social turmoil. Despite these encouraging signs, the region still has a long road ahead to achieve developed nation status. Southeast Asia: The Long Road Ahead is a serious and concise study on various important economic aspects of Southeast Asia. Existing economic studies on the region are mainly topical in nature. Most of the publications only attempt to offer a partial treatment of the issues and fail to examine these issues in a holistic manner. The objective of this book is to provide a more complete cross-country discussion on the economic issues and problems facing Southeast Asia. Besides critically examining the multiple facets of changes and problems that have been and will be encountered by Southeast Asia, the book also presents a lucid exposition on the prospects of the region. However, it does not stop there. It moves on to provide pointers and suggestions on how Southeast Asian countries should proceed with their development options and processes. The book should be of interest to economists, graduate students on Southeast Asia and all those who want to have a better knowledge and understanding of the important Southeast Asian region.

Financing Southeast Asia's Economic Development

Financing Southeast Asia's Economic Development
Author: Nick J Freeman
Publisher: Institute of Southeast Asian Studies
Total Pages: 392
Release: 2003
Genre: Business & Economics
ISBN: 9789812301819

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This book examines the various policy options open to the ten countries of the region for improving and diversifying their financial resources. The Asian financial crisis exposed the vulnerabilities of Southeast Asia’s bank-based finance sector, and illustrated the pressing need to develop a more robust and multi-faceted financial infrastructure across the region. Looking ahead, sustained economic development in Southeast Asia will be constrained unless the region can embrace new sources of capital. Authored by experts in their respective fields, the chapters of this book examine such issues as the region’s current debt burden, the region’s banking sector since the 1997–98 crisis, micro-financing efforts in the region, new opportunities in project financing, developing venture capital capabilities, reviving foreign direct investment inflows, creating bond markets, developing the region’s lacklustre equity markets, and the potential benefits of financial integration.

Southeast Asia's Economic Crisis

Southeast Asia's Economic Crisis
Author: Heinz Wolfgang Arndt
Publisher: Institute of Southeast Asian Studies
Total Pages: 198
Release: 1999
Genre: Business & Economics
ISBN: 9789813055896

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Southeast Asia is suddenly in crisis, the largest country - Indonesia - deeply so. This volume, comprising a set of specially commissioned papers, examines the origins, lessons, and future path of the crisis. Why didn't economists foresee the sudden and catastrophic events of 1997-98? How can seemingly robust and vigorous economies fall so far, so swiftly? Do we, in consequence, need to change the way we view the world? Is there anything to salvage of the "East Asian miracle"? Is Southeast Asia about to experience its own version of the "lost decade", analogous to that which afflicted much of Africa and Latin America in the 1980s?

Revolution Interrupted

Revolution Interrupted
Author: Tyrell Haberkorn
Publisher: Univ of Wisconsin Press
Total Pages: 254
Release: 2011-04-14
Genre: History
ISBN: 0299281833

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In October 1973 a mass movement forced Thailand’s prime minister to step down and leave the country, ending nearly forty years of dictatorship. Three years later, in a brutal reassertion of authoritarian rule, Thai state and para-state forces quashed a demonstration at Thammasat University in Bangkok. In Revolution Interrupted, Tyrell Haberkorn focuses on this period when political activism briefly opened up the possibility for meaningful social change. Tenant farmers and their student allies fomented revolution, she shows, not by picking up guns but by invoking laws—laws that the Thai state ultimately proved unwilling to enforce. In choosing the law as their tool to fight unjust tenancy practices, farmers and students departed from the tactics of their ancestors and from the insurgent methods of the Communist Party of Thailand. To first imagine and then create a more just future, they drew on their own lived experience and the writings of Thai Marxian radicals of an earlier generation, as well as New Left, socialist, and other progressive thinkers from around the world. Yet their efforts were quickly met with harassment, intimidation, and assassinations of farmer leaders. More than thirty years later, the assassins remain unnamed. Drawing on hundreds of newspaper articles, cremation volumes, activist and state documents, and oral histories, Haberkorn reveals the ways in which the established order was undone and then reconsolidated. Examining this turbulent period through a new optic—interrupted revolution—she shows how the still unnameable violence continues to constrict political opportunity and to silence dissent in present-day Thailand.

Underground Asia

Underground Asia
Author: Tim Harper
Publisher: Harvard University Press
Total Pages: 873
Release: 2021-01-12
Genre: History
ISBN: 0674250621

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An Economist Best Book of the Year A Financial Times Best Book of the Year A major historian tells the dramatic and untold story of the shadowy networks of revolutionaries across Asia who laid the foundations in the early twentieth century for the end of European imperialism on their continent. This is the epic tale of how modern Asia emerged out of conflict between imperial powers and a global network of revolutionaries in the turbulent early decades of the twentieth century. In 1900, European empires had not yet reached their territorial zenith. But a new generation of Asian radicals had already planted the seeds of their destruction. They gained new energy and recruits after the First World War and especially the Bolshevik Revolution, which sparked utopian visions of a free and communist world order led by the peoples of Asia. Aided by the new technologies of cheap printing presses and international travel, they built clandestine webs of resistance from imperial capitals to the front lines of insurgency that stretched from Calcutta and Bombay to Batavia, Hanoi, and Shanghai. Tim Harper takes us into the heart of this shadowy world by following the interconnected lives of the most remarkable of these Marxists, anarchists, and nationalists, including the Bengali radical M. N. Roy, the iconic Vietnamese leader Ho Chi Minh, and the enigmatic Indonesian communist Tan Malaka. He recreates the extraordinary milieu of stowaways, false identities, secret codes, cheap firearms, and conspiracies in which they worked. He shows how they fought with subterfuge, violence, and persuasion, all the while struggling to stay one step ahead of imperial authorities. Underground Asia shows for the first time how Asia’s national liberation movements crucially depended on global action. And it reveals how the consequences of the revolutionaries’ struggle, for better or worse, shape Asia’s destiny to this day. Previous praise for Tim Harper Praise for Forgotten Wars: “[A] compelling book.”—Philip Delves Broughton, Wall Street Journal “Lucid...majestic.”—Peter Preston, The Observer “Authoritative.”—Pankaj Mishra, New Yorker Praise for Forgotten Armies: “Panoramic... Vivid.”—Benjamin Schwarz, New York Times Book Review “A spectacular book.”—Martin Jacques, The Guardian

Republicanism, Communism, Islam

Republicanism, Communism, Islam
Author: John T. Sidel
Publisher: Cornell University Press
Total Pages: 324
Release: 2021-05-15
Genre: History
ISBN: 1501755633

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In Republicanism, Communism, Islam, John T. Sidel provides an alternate vantage point for understanding the variegated forms and trajectories of revolution across the Philippines, Indonesia, and Vietnam, a perspective that is de-nationalized, internationalized, and transnationalized. Sidel positions this new vantage point against the conventional framing of revolutions in modern Southeast Asian history in terms of a nationalist template, on the one hand, and distinctive local cultures and forms of consciousness, on the other. Sidel's comparative analysis shows how—in very different, decisive, and often surprising ways—the Philippine, Indonesian, and Vietnamese revolutions were informed, enabled, and impelled by diverse cosmopolitan connections and international conjunctures. Sidel addresses the role of Freemasonry in the making of the Philippine revolution, the importance of Communism and Islam in Indonesia's Revolusi, and the influence that shifting political currents in China and anticolonial movements in Africa had on Vietnamese revolutionaries. Through this assessment, Republicanism, Communism, and Islam tracks how these forces, rather than nationalism per se, shaped the forms of these revolutions, the ways in which they unfolded, and the legacies which they left in their wakes.

Research Handbook on Asian Financial Law

Research Handbook on Asian Financial Law
Author: Douglas W. Arner
Publisher: Edward Elgar Publishing
Total Pages: 608
Release: 2020-01-31
Genre: Law
ISBN: 1788972201

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This comprehensive Research Handbook provides an in-depth analysis of the different financial law approaches, legal systems and trends throughout Asia. It considers how reforms following the crises have been critical for the development and growth of the region and explores a broad range of post-crisis financial regulatory issues. This timely book also examines how inconsistent and divergent approaches to financial market regulation are curtailing the region’s potential.