When Lee Kuan Yew speaks, presidents, prime ministers, diplomats, and CEOs listen. Lee, the founding father of modern Singapore and its prime minister from 1959 to 1990, has honed his wisdom during more than fifty years on the world stage. Almost single-handedly responsible for transforming Singapore into a Western-style economic success, he offers a unique perspective on the geopolitics of East and West. American presidents from Richard Nixon to Barack Obama have welcomed him to the White House; British prime ministers from Margaret Thatcher to Tony Blair have recognized his wisdom; and business leaders from Rupert Murdoch to Rex Tillerson, CEO of Exxon Mobil, have praised his accomplishments. This book gathers key insights from interviews, speeches, and Lee's voluminous published writings and presents them in an engaging question and answer format.Lee offers his assessment of China's future, asserting, among other things, that "China will want to share this century as co-equals with the US." He affirms the United States' position as the world's sole superpower but expresses dismay at the vagaries of its political system. He offers strategic advice for dealing with China and goes on to discuss India's future, Islamic terrorism, economic growth, geopolitics and globalization, and democracy. Lee does not pull his punches, offering his unvarnished opinions on multiculturalism, the welfare state, education, and the free market. This little book belongs on the reading list of every world leader—including the one who takes the oath of office on January 20, 2013.
Which competences enable problem solvers to successfully deal with complex real-world
challenges such as the current economic and financial crises and in so doing, inspire
innovation and sustainable development of society? Despite the importance of these
questions, and although competences have become more center stage in management
strategy, human resource development, and public policy/public administration
research, a general theory of problem solving competence has remained elusive, largely
because of insular single-disciplinary approaches. Embedded in a comprehensive review
of management strategy, human resource development, and public policy/public
administration theories, and by contrasting American and Central-European schools of
thought, I discuss the theoretical formulations of previous competence frameworks, the
empirical support for these frameworks, and their limitations in solving complex realworld
problems. I outline how constituents of competence such as abilities, knowledge,
and skills are entrenched within a multifaceted environment and influenced by the
individual’s mental model(s). Finally, I develop a five-dimensional framework of
competences needed to solve complex real-world problems, which considers both
individual and collaborative aspects. The five core dimensions of this new competence
framework are (1) personal competence; (2) professional domain competence; (3)
systemic competence; (4) creativity competence; and (5) sociocultural (collaborative)
competence. This paper is aimed at fostering further theory development and stimulating
future research in the field of competence development.
Why do religious and political ideologies sometimes produce social and political conflict and other times co-mingle peacefully? The answer must consider both the content of competing ideologies along with the socio-political interests of their believers. In this case study of ideological competition in Central Asia, I show how both philosophical and material concerns explain why many Muslims, while openly retaining their religious-ethnic identity, became active members of an atheistic Community Party. This phenomenon did not occur amongst Christians who necessarily discarded, at least publicly, their religious identities when becoming Communists. So while religious and political conflict openly occurred in Communist societies which were predominantly Christian, many Muslims were able to accommodate their religious convictions with Soviet Communism. In the end, the creation of “Muslim Atheists” depended on not only socio-economic differences between Muslim and Christian societies but also theological differences between Muslim and Christian religions.
What is the impact of three decades of neoliberal narratives and policies on communities and individual lives? What are the sources of social resilience? This book offers a sweeping assessment of the effects of neoliberalism, the dominant feature of our times. It analyzes the ideology in unusually wide-ranging terms as a movement that not only opened markets but also introduced new logics into social life, integrating macro-level analyses of the ways in which neoliberal narratives made their way into international policy regimes with micro-level analyses of the ways in which individuals responded to the challenges of the neoliberal era. The book introduces the concept of social resilience and explores how communities, social groups, and nations sustain their well-being in the face of such challenges. The product of ten years of collaboration among a distinguished group of scholars, it integrates institutional and cultural analysis in new ways to understand neoliberalism as a syncretic social process and to explore the sources of social resilience across communities in the developed and developing worlds.
Media outlets in multiparty electoral systems tend to report on a wider range of policy issues than media in two-party
systems. They thus make more competing policy frames available to citizens. This suggests that a “free press” is insufficient
to hold governments accountable. Rather, we should observe more challenges to the governments’ preferred frames and
more politically aware citizens in multiparty democracies. Such citizens should thus be better equipped to hold their leaders
accountable, relative to their counterparts in two-party democracies. I propose a mechanism through which democratic
publics can sometimes constrain their leaders in foreign policy. I test hypotheses derived from my theory with cross-national
data on the content of news coverage of Iraq, on public support for the war, and on decisions to contribute troops to the
Iraq “Coalition of the Willing.” I find that citizens in countries with larger numbers of parties confronted more critical and
diverse coverage of Iraq, while those with more widespread access to mass media were more likely to oppose the war and
their nations likely to contribute fewer troops to the Coalition.
Some argue that sovereign debt incurred without the consent of the people and not for their benefit, such as that of apartheid South Africa, should be considered odious and not transferable to successor governments. We argue that an institution that truthfully announced whether regimes are odious could create an equilibrium in which successor governments suffer no reputational loss from failure to repay odious debt and hence creditors curtail odious lending. Equilibria with odious lending could be eliminated by amending creditor country laws to prevent seizure of assets for failure to repay odious debt and restricting foreign assistance to countries not repaying odious debt. Shutting down the borrowing capacity of illegitimate regimes can be viewed as a form of economic sanction and has two advantages over most sanctions: it helps rather than hurts the population, and it does not create incentives for evasion by third parties. However, an institution empowered to assess regimes might falsely term debt odious if it favored debtors, and if creditors anticipate this, they would not make loans to legitimate governments. An institution empowered only to declare future lending to a particular government odious would have greater incentives to judge truthfully. A similar approach could be used to reduce moral hazard associated with World Bank and IMF loans.
To inform the policy debate in developing countries over strategies for economic development, this paper uses the tertiary sector in India—in particular, the information technology (I.T.) services and banking sectors—as a case study of economic governance. This paper uses a new dataset on the I.T. sector collected from the paper archives of the Software Technology Parks of India (STPI) in New Delhi during July 2013, and a dataset of the 72 largest banks in India collected from public documents at the Reserve Bank of India in Mumbai. Socioeconomic indicators, specifically wage level, higher education and urban agglomeration, only partially account for the growth of these sectors. In both the banking and I.T. sectors, government ownership promoted stability and geographical agglomeration but reduced performance. Government investment in a shared infrastructure commons through STPI was critical for the growth of the I.T. sector after 1991. Gradual deregulation following state ownership resulted in significant gains for both sectors. The paper concludes with a theory for the growth of technologically advanced sectors in India, which promotes gradual liberalization in sequence with government promotion of infrastructure and domestic competition.
It is now widely accepted that the lower castes have
risen in Indian politics. Has there been a corresponding
change in the economy? Using comprehensive data
on enterprise ownership from the Economic Census
of 1990, 1998 and 2005, this paper shows there are
substantial caste differences in entrepreneurship across
India. The scheduled castes and scheduled tribes are
significantly under-represented in the ownership of
enterprises and the share of the workforce employed by
them. These differences are widespread across all states,
have decreased very modestly between 1990 and 2005,
and cannot be attributed to broad differences in access
to physical or human capital.
Amul is an Indian dairy cooperative founded in 1947, eight months before India's independence from British rule, and owned by over three million farmers in the state of Gujarat. It is India's largest food product marketing organization, selling 46 products, including pouched milk, cheese, butter, ice cream and infant food through a million retailers across the country, and is the market leader in almost all the categories that it operates in. Amul is well known among Indian consumers for offering high-quality products at reasonable prices, and runs a highly popular advertising campaign that spoofs current events. It offers its farmers 80% of the consumer's dollar for milk, compared with 35%-40% typical in some Western markets. Amul's cooperative dairy model has been replicated across several Indian states, thereby helping increase the incomes of 80-100 million farmer families across the country. However, despite its success, Amul is beginning to come under increasing pressure. Multinationals like Nestlé and Unilever are increasing their presence in India, and competing fiercely with Amul in value-added products like yogurt. The entry of large multi-brand retailers like Walmart and Carrefour in the Indian market threatens to squeeze Amul's margins and undermine its low-cost distribution network. India's large young rural population is shying away from dairy farming in favor of urban jobs, leaving questions about future procurement. Finally, Amul's farmers form a large vote bank in the state of Gujarat, and its cooperative structure risks being compromised by vested political interests. Should Amul continue with the business model that has served it so well for decades, or should it change its strategy in order to keep up with India's changing social, political and economic landscape?
Industrial policy programs are frequently used by governments to stimulate economic activity in particular sectors of the economy. This study explores how an industrial policy program can affect the creation and evolution of an industry and, ultimately, the long-term performance of firms. We examine the history of the Brazilian bioethanol industry, focusing on the industrial policy program implemented by the Brazilian government in the 1970s to develop the industry. We put together a novel data set containing detailed information about the history of bioethanol producers. Our findings show that plants founded during the industrial policy program tend to be, in the long run, more productive than those founded before the program was in place. Based on additional analyses and complementary fieldwork, we infer that the wave of acquisitions that occurred after the end of the industrial policy program had an important effect on the performance of the plants founded when the program was in place. Industrial policy, especially in conjunction with a competitive post-industrial policy business landscape, can succeed in nurturing competitive firms.