...Global perspectives on governance: lessons from east and west While the core principles of governance are the same throughout the world, the Asian model places particular emphasis on trust and relationships. This paper discusses the key differences between the western and Asian approaches to help business leaders explore the best aspects of both. Conclusions 1. The corporate governance model that’s familiar in Asia, Africa and most developing nations places strong emphasis on trust and relationships. This can be beneficial for stakeholders: the typical pattern of ownership in businesses means that there can be a longer-term view of an organisation’s success compared with that in a western company. But the system is potentially vulnerable to corruption and cronyism. It can also be difficult to implement basic control procedures. 2. The prestige of what can be broadly termed the western governance model has diminished in the aftermath of the financial crisis. This model has driven globalisation and has emphasised a combination of legislation and standards as well as transparency, with a focus on developing appropriate structures, processes and frameworks. This is widely understood and helps to create a level playing field. But major financial failures over the past two years, such as that of Lehman Brothers, have shown that there are limits to what can be done to tighten checks and balances. A new emphasis on the behavioural aspects of governance is overdue. ...
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...Extra Credit and chapter 12 South Asia 1. Why does Indian classical tradition dominate the musical image of South Asia in the west? 2. Discuss the following terms important to a Hindustani classical music performance: Raga, Alap, Gat, Tala, Rasa. 3. Compare and contrast Hindustani and Carnatic music traditions. 4. How do filmi songs differ from Qawwali songs? 5. In what ways is Indian music spiritual? 6. What made India and Indian music attractive to the “world traveler” or “hippy” generation of the 1960s and 1970s? Southeast Asia 1. To what extent are the terms classical, folk, and popular appropriate labels for describing Southeast Asian Music? 2. What are some factors that help maintain traditional Southeast Asian music in the face of modernization? 3. Metrical cycles are characteristic of many Southeast Asian music. How do they work in the sites reviewed? 4. How do the types of “heterophony” found in Vietnamese Tai Thu, Thai Piphat, and Javanese Gamelan differ? 5. Though Thailand and Vietnam are both part of Southeast Asian, what historical and cultural factors have determined the present musical differences? 6. Compare Javanese and Balinese Gamelan in terms of their function and use. How do their differing functions affect their respective musical styles? East Asia 1. How do attitudes toward traditionality and modernization affect music differently in china than they do in Japan and South Korea 2. In China how did the Cultural Revolution affect the development...
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...Name: Dang Tran Bich Ngoc Student ID: BB110407 Assignment 1: Case Studies: Case studies in east and Southeast Asia in comparative perspective to show the similarities and differences of the development experiences in the region. I. Introduction: This paper reviews the pattern and trends of the development in East and Southeast Asia to recognize the similarities and differences in the region. It offers an extensive view of the Southeast Asian economic miracles in comparative East Asian perspective by comparing and contrasting the Southeast Asian experiences with those of the other high performing East Asian economies, as the World Bank (1993) chose to describe them. The following discussion will focus on the development experiences of Southeast Asia that have been considered high-growth economies, as well as East Asia countries. The Southeast Asia economies have been rather successful in applying public policies to realize their chosen developmental objectives, from the viewpoint of better advancing the course of human development, will be identified. II. East and Southeast Asia (ESA) economies • Human Development (HD): As well as being substantially different in the starting level of human development achieved, and although all have made substantial progress over the two decades, these economies show marked differences in the pace of this progress. Being already high-achieving, Japan recorded a modest rate growth of 0.26%, Singapore 0.61% and South...
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...Jee Yoon Lee UW20 Asian American Experience December 9,2011 Eurasian: The New Face of Asia [ABSTRACT] My project is to prove that Eurasians are becoming the new face of Asia through the entertainment industry and mainstream media. Mixed-race models, musicians, and actors of Asian and Caucasian descent are becoming well known in Asian pop-culture such as Maggie Q, Sirinya Winsiri, and Karen Mok. Although, in the past Eurasians born in East Asia were perceived as children of subjugated Asian women that were shamefully dominated by Western imperialists in history, they are now viewed as internationally ideal. To elucidate, foreign imperialism to East Asia has caused economic ties that have influenced Asian popular culture through mainstream media and entertainment that is based on Western culture and their standard of beauty, which is Caucasian. However, global businesses search for any kind of marketing that will entice their target audience, which is now the European-Asian spokespersons and entertainers that provide an opportunity to reach out to audiences that were once racially divided. Their international appeal by the media has created a beauty standard and has inspired Asians, mostly in East Asia to dye their hair, wear colored contacts, or surgically widen they eyes to resemble more European looking eyes. European and Asian mixes are becoming the role models for Asians in Asia, where multiracial people are hardly found, and therefore portrayed as a valuable rarity...
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...modern economic development in East Asia? The rise of Asia’s so called “Tiger” economies followed by China, has given rise to the spectrum of a distinctly East Asian economic development model. The pioneering economic success of in particular, Singapore, South Korea and Japan since the 1970’s has highlighted the need to evaluate and distinguish how such economies achieved such successive growth. A variety of possible factors can explain or highlight possibilities for the successive development of East Asia. A particularly unique factor that has to be taken into account is Confucianism. The interplay between culture and development can help explain how in particular Japan and South Korea, which were relatively closed societies, have risen to attain the status of newly industrialized countries. This essay will investigate and evaluate, through the presentation of arguments and examples, the extent to which Confucianism has influenced modern economic development in East Asia. This will be achieved by firstly providing a working definition of Confucianism; then locating its positive impact within a broader debate concerning a distinctly Asian development model; investigating and analyzing the challenges presented by Confucianism in the economic development of East Asia; evaluating both the negative and positive implications of Confucianism in East Asian economies and finally assessing to what extent Confucianism has played a role in the development of East Asia’s economies. Confucianism...
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... | |July 16, 2004 | | | |CULTURE CLASH | | | |SECTION: ASIAN AGENCIES, Pg. 31 | | | |LENGTH: 1218 words | | | |The difference in the business cultures of Asia and the West can take time to get used to for new staff. Vicki Rothrock | |considers the East-West divide | |A big presentation is looming. The manager gathers his team together for an old-fashioned brainstorming session in the | |boardroom. Once everyone gets settled...
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...THE IMPACT OF THE QING DYNASTY ON MODERN EAST ASIA The Qing Dynasty and Modern East Asia In what ways did the history of the Qing Dynasty effect modern East Asia? The Qing Dynasty has had countless effects on China and East Asia, including but not limited to the current distribution of land, philosophies and economic status. The anti-trade mentality plus the ups and downs in the Trade agreements the Qing Dynasty had been a part of relates to the state of modern China. The Manchus created the Qing Dynasty and combined many regions and cultures, creating a multinational empire and in a way unified China. Modern East Asia has been impacted by the Qing Dynasty throughout the many wars and how the regions and countries ended up being distributed amongst the winning and losing sides. The Qing Dynasty’s limitation of trade for the protection of its people was smart at the time to the Qing but it limited the total growth of China as a whole. The Qing had placed strict regulations on what can be traded and where those items could be traded, which at the time the Qing thought was a good idea to help protect their culture by limiting outside influences into its country. Early in the Qing Dynasty, the Qing traded with select European countries, Korea, Ryukyu, Japan, and other smaller states but only in selective categories. Near the end of the Qing Dynasty, China began or was even forced to accept more western trade...
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...Strengths and Weaknesses of Islamic, Confucian/Asian, and American Civilizations In “Children of Dust” by Ali Eteraz and “Confucius Live Next Door” by T.R. Reid I explore the strengths and weaknesses of Confucian/Asian, Islamic, and American civilizations. In “Children of Dust” the author, Ali Eteraz (Abir ul Islam), tells the story of his youth and his attempt to navigate through the world as a traditional Muslim. According to Abir’s mother, his father made a mannat (covenant) with Allah “that if his first child was a boy, he would be raised to become a leader and servant of Islam (Eteraz 5).” The story of his birth and father’s promise filled him with a deep reverence for Allah, so he decided to devote his life to God. “I noticed that many worshippers had calluses on their foreheads and ankles from a lifetime of prostration and sitting on folded feet. Those were marks of piety that I wanted to develop as well. Thus, instead of praying on the carpet inside, I took to praying in the courtyard of the mosque, on straw matting that was hot and rough. During prostration I rubbed my forehead on the mat until it became raw (Eteraz 41).” At a very young age Abir was very devoted to his faith. He trained himself to pray faithfully every day. He paid special attention to every detail that went into prayer in order to prove his devotion. It is common among individuals of the Islamic faith to spend their life proving their devotion to Allah. Muslims are known for maintaining...
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...proliferation, Instability in the MiddleEast, Oil supply uncertainty) Of all the political risks covered, the Iraq/Middle East threat has the greatest likelihood of triggering the other major threats. Thus, the worsening of the Iraq/Middle East situation poses the gravest threat to the growth and stability of the world economy. If the situation in Iraq further deteriorates, the threat of sectarian violence spreading in the region increases and instability results. By this threat alone, this is a serious risk. However, the chain of events it could trigger is more significant. *Increasing incentives to join terrorism The conflict in Iraq and the Middle East, where civilian lives were lost and impoverished makes it easier for terrorist groups to attract new recruits. Destruction of lives and property, as well as the resulting chaos could popularize anti-US/Western sentiment. Also, joining terrorist groups could also be an escape from the difficulty of surviving in the ongoing chaos. The threat of this new wave of terrorist activities could result in a more unsecure world, where asymmetric warfare could break out in different regions. *Worsening oil supply uncertainty As the Middle East region accounts for more than half of the world’s oil reserves, with Saudi Arabia alone accounting for 25%, the effect of an unstable Middle East directly leads to a more uncertain oil supply for the world. Over the recent years, the number of attacks on oil-producing infrastructure...
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...INTP354 Reading Report, Assessment 1 Reading: * Preface: “Why is there no non-western IR theory in Asia: Reflections on and from Asia”; * Conclusion: “On the possibility of a non-Western IR theory in Asia”. A Consideration of IR Theory in (East) Asia: Main Points, critiques and discussion Report By J.R Brown Submitted 06/08/2013 This two-part essay is a collection of papers collated after the completion of the workshop entitled “Why is there no Non-Western IR theory: Reflections on and from Asia.” It conception arose out of Amitav Acharyas’ realisation about the concerning gap between his academic speciality (Third world and Asian security) and International Relations Theory (IRT). His co-author Barry Buzan felt similarly after his various work in and around Asia led him to realise how little asia-specific IRT development was taking place. Acharya and Buzan stipulate their overall purpose as that of stimulating “non-Western voices to bring their historical and cultural, as well as their intellectual, resources into the theoretical debates about IR”. Their opening (and decidedly founding) question is ‘What is the possibility of a non-Western IRT in Asia?’ which they answer through a critical examination of their collective findings. It is important to note that they stipulated forcefully within their discussion the important note: “We are not....concerned with identifying or advocating an Asian school of IR......which would involve constructs...
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...or other indices of social differentiation, to fully appreciate the complex history of Asia.’ The area known to us as Asia sits on the eastern side of the landmass of Eurasia and is the largest continent, encompassing a staggering 17 million square miles. Asia is home to a variety of cultures, religions, governments and mindsets, giving it a wide base for a complex history involving largely different groups of people. These different groups, or ethnicities, all formed their own histories over time, which when combined together give Asia more than one past, they arise into an intricate and comprehensive history fashioned by a diversity of experiences. Therefore, there is no ‘single’ Asian past; we must delve into each single experience to gain insight into the prolific and wide ranging history that gathers under the one banner of ‘Asia’. Each country within Asia has its own geographic links to other nations and cultures. These links were expanded on by exploration, trade routes and missionary ventures. These vital networks allowed cultural influences to travel from country to country, resulting in each nation in Asia receiving different influences from the next. In turn, this led to widespread variety amongst individual countries. These networks were invaluable to allow the able interaction of cultures, and formed the groundwork for a history of communication. Each society within Asia was built on and shaped by the foundations of its own class, gender, ethnicity, religion...
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...MICROECONOMICS II ASSIGNMENT The Look East Policy (LEP) was a recreation and correction of India’s Foreign Trade Policy. The main purpose was to revive both political ties and to build up economic linkages with South East Asia. LEP focuses on re-establishing better political security and economic co-operation. The first phase was based on ASEAN and it focused initially and mainly on trade and investment linkages. The second phase was based on expanding the definition of east, extending from Australia to china and East Asia with ASEAN as its core. The conference was graced by Sri Nitin Gadkare, honorable Minister for Road Transport and Highway, as Chief Guest. The four main objectives of the conference were: To study the policy as direction for India’s growth. To study the brunt of the policy with the changing geo political scenario worldwide. To examine the potential of the policy as a vector for economic growth and development of these regions. To bring the countries of south East Asia and Asia closer. There were 5 tracks explaining the route map for LEP. We will concentrate mainly on track 1 which was based on India’s trade and investment in South East and East Asia. The change in focus of Indian foreign policy from concentrating on the west towards east finds its source in the LEP. It also aims at redesigning the present economic architecture which will be marketed by regional trading blocs. India’s engagement with ASEAN and East Asian countries establishes its acceptance...
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...Introduction Throughout the years, Asia has been flooded all sorts of ideologies, which has manifested within every Asian souls thus influencing their everyday behaviour in life. The Western people have been studying the ideologies of Asia, which they refer to as “oriental ideology”. Oriental is connotation of or the characteristic of the bio-geographic region including southern Asia and the Malay Archipelago as far as the Philippines, Borneo and Java (http://lookwayup.com). It is the same as “Asian” and “Eastern”. For people of South and East Asian ancestry the term ‘Asian’ is preferred to ‘Oriental’. According to http://education.yahoo.com, Asian is now strongly preferred in place of Oriental for persons native to Asia or descended from an Asian people. The real problem with Oriental is more likely its connotations stemming from an earlier era when Europeans viewed the regions east of the Mediterranean as exotic lands full of romance and intrigue, the home of despotic empires and inscrutable customs. Orientalism is the study of Near and Far Eastern societies and cultures, languages and peoples by Western scholars. It can also refer to the imitation or depiction of aspects of Eastern cultures in the West by writers, designers and artists. The hubs of strong traditions that are easily visible lie in East Asia. The following countries are commonly seen as located in geographically East Asia: People's Republic of China (China), Hong Kong and Macau (a special administrative region...
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...royal couple. This story represents that there is deep historical links between Korea and India from long time ago. In the another story, Korea Buddhist monk Hye-cho visited India from 723 to 239 AD and wrote the travelogue, “Pilgrimage to the five kingdoms of India” which shows a vivid explanation of Indian culture, politics and society. Thus, even though two countries are far from each other but there are various connections between the two. The ambassador explained about characteristics of India. First of all, India has many races among its population like the picture of people he showed us. India also is rounded by many countries such as Indonesia, Pakistan and Nepal etc., These facts have affected to India’s cultures and policies. In the last two decades, Asia has been under huge transition in politic, economic as well as social ways. Now, people are predicting that in next 20 years the global centre of economic gravity might shift to Asia, especially East Asia. In this context, combined national wealth of China, Japan, Korea and India as well as ASEAN countries would exceed that of the US and EU. It means that Indian’s destiny in the future is related to East Asia. India has a potential as it described as emerging market nation, middle power, regional power as well as emerging power. India has a high potential of economic growth and actually has grown so far. When we look through detail of India, we see that why India will...
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...Journal of International Business and Cultural Studies When East and West Meet, Page 1 When East and West Meet: An Essay on the Importance of Cultural Understanding in Global Business Practice and Education S. J. Chang Illinois State University ABSTRACT As today’s business decisions and choices are increasingly influenced by the diverse cultural backgrounds and perspectives of various corporate stakeholders, it is critical for business managers to have multicultural understanding. This motivates us to refine our business perspectives and approaches in global arena as well as our educational philosophies on global business management. Based on casual yet experiential discussions, this essay presents some cohesive points on comparative cultural understanding and business implications thereof between the “West” and the “East,” which is presupposed by the cultural contrasts between America and Korea. It can hopefully serve as a practically meaningful guideline for business practice and education on multiculturalism. Keywords: multiculturalism, global business management, comparative cultural understanding Journal of International Business and Cultural Studies When East and West Meet, Page 2 INTRODUCTION Thanks to the rapid and continuous expansion of large global businesses, today people, capital, information, and technology travel more freely, rapidly, and widely than ever. The everexpanding scope and scale of large global firms over the recent decades have...
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