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. Compre o livro Asian Godfathers: Money and Power in Hong Kong and Southeast Asia na : confira as ofertas para por Joe Studwell ( Autor).
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What a refreshing, shocking, beautiful, thought-provoking read. It’s The System there, in which capitalism has meant favoring asiqn few. 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. Instead, they got what they wanted from alliances that have survived crashes and changes of government.
Business Books: Asian Godfathers–money, bets, and sex
Phnom Penh Sights Beyond the Guidebooks. And then reality check kicks in. Secondly, their ports being their one natural and geographical advantage have provided a means for imports and exports to flow through the region as well a platform through which goods could be smuggled in breach of UN embargo against China, post In countless hagiographies they’re portrayed as outstandingly shrewd business people, often rising from rags to riches with a strong benevolent inclination.
The book also briefly describes the socio-political landscape of Europe and the US for a relative comparison, which rings a bell to my ear with the book ‘Death of the Banker’ – the stories of the wealthy financial dynasties of the Morgans, the Rothschilds, and the like, who are wealthy beyond measure at their time – with a conclusion that they, just like the Asian Godfathers, also generate their wealth through their political and economic leverage.
How to be a godfather 1 Get in character. Want to Read saving…. I was hoping it would be a bit more salacious and tabloid and less empirical and scholastic but a great read nevertheless stuudwell 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.
As politics is the cause, so politics must be the cure, Studwell suggests, as only a change in politics can break the stranglehold between government and Godfather, and enable proper regulation of anti-competitive Godfather behaviour to allow others to get a look in.
Asian Godfathers by Joe Studwell
This is a relatively old book published in And readers will learn how tycoons have manipulated their images by creating rags-to-riches stories that are simply untrue, but help keep them cosseted in their bubbles of wealth.
In North-East Asia, governments determined to push through land-reform, creating a broad and equitable distribution of start-up capital for everyone. In this regard, Studwell can see the genie coming out the bottle in certain places. Oct 15, James Smyth rated it it was amazing.
More was at play here, including a system that favoured political strongmen working in cahoots with a few trusted businessmen; one maintained power, the other made money. Dec 06, Scott rated it really liked it.
Sincewhen a flood of foreign money increased capitalisation in regional markets by around 2.
Asian Godfathers: Money and Power in Hong Kong and South East Asia by Joe Studwell
It is interesting gosfathers know how these individuals manipulated the system and back door dealings to their advantage. The tycoon advised his heir to first feed a etudwell to his dog and, if the animal was still alive after a couple of hours, ‘try one on his wife’.
Read this book if you want to know the history of South East Asian countries in a more practical way, the complicated political stories, the ugly truth about its business environment and why these countries developed to become the way they are now.
Through this mechanism, this wealthy elite were able to become even more wealthy by creating for themselves businesses protected from the discipline of foreign competition, but still able to generate massive wealth for their owners through the operation of domestic cartels. I wish more would read th This is a relatively old book published in As a result, there are no global brands.
Not all the information are new but a good collection of all the rumors and news you’ll hear about the Asian tycoons. Read it with an open mind and reflect.
Yet from there it took something more than mere nepotism to push into the premier ranks of business leadership. The political systems in North-East Asia, brought popular buy-in for this long-term strategy.
Chudori Epic, compelling, important: Indeed, an interesting read that not only provides insight into the past, but also maybe the future! 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.
This, in theory, provides an excellent mechanism to drain profit from the listed developers. They told Ho to stay out of the kitchen if he couldn’t take the heat.
It is important to their personal sense of pride and it is critical to the maintenance of authoritarian political structures and unfree markets in the region. Studwell explores how these families slid quietly into their positions of economic power, largely thanks to the colonial and then post-colonial politics of the region. In Hong Kong, the families behind the publicly listed real estate companies that operate in an effective cartel all own private construction firms.
True, a few of studwel might feel at home with Tony Soprano. This book opened my eyes to one of the economic realities of the region. Poor countries consistently see a correlation between industrialization and wealth, but incorrectly conclude that the solution to poverty is industrialization.
And in Asia there’s an unpleasant tendency to explain their success in racial terms because so many of these tycoons are overseas Chinese. Yes, the godfathers do steal, bribe, rob, dtudwell, and exploit, but they do so within a preset legal and executive systemic political players that enable them.