Industrial Restructuring, the Singapore City-State, and the Regional Division of Labour

1994 ◽  
Vol 26 (1) ◽  
pp. 33-51 ◽  
Author(s):  
K C Ho

With continuous economic growth in the 1970s and 1980s and increasing overseas competition, Singapore, as a small city-state with an open economy, faces perhaps the greatest challenge among the Asian newly industrialised economies in their attempts to maintain the pace of development. The effects of a chronic labour-supply situation and the appreciating Singapore dollar on the export competitiveness of the manufacturing sector are reviewed. Enterprise and state responses to these mounting pressures are examined, particularly with regard to the labour shortage. One optimistic long-term solution seems to lie in regional cooperation in industrial development, with a sectoral and technical division across Singapore, Johor in Malaysia, and the Riau Islands of Indonesia. With the three regions in different stages of development, the regional development plan is to bring about a division on the basis of the relative availability of land, labour, and infrastructure. In the second half of the paper, the Singapore—Johor link, the most developed side of the growth triangle is examined, and the potential and problems arising from this arrangement are explored.

1993 ◽  
Vol 25 (1) ◽  
pp. 47-62 ◽  
Author(s):  
K C Ho

This paper directs attention to the rapid industrial changes experienced by the city-state in the past thirty years and the problems associated with a maturing economy. To provide a deeper understanding of the adjustment process, the analysis is done within the context of firm, state, and labour interactions. The analysis indicates that with land and labour resources becoming fully utilised, the city-state adjusts to the requirements of international capital by increasing the regional, technical, and sectoral division of labour.


2021 ◽  
Vol 22 (2) ◽  
pp. 653-674
Author(s):  
Jaime Moll de Alba ◽  
Virpi Stucki

Partnerships bringing together both the private and the public sector, as well as development actors might play an important role in facilitating the acquisition of skills and thereby support sustainable socio-economic development, notably in the manufacturing sector. The participation of the private sector in such partnerships contributes to enhance the adequacy between skills supply and demand and thereby spurs employability and economic activity. This paper makes use of the case study method to analyse the role of this kind of partnership in skills acquisition in five industrial development projects in Africa. We hypothesize that the Market System Development (MSD) approach offers potential to enhance the impact of skills acquisition partnerships. We conclude by proposing an innovative framework to support policymakers and development practitioners to conceptualise new skills development partnerships through the application of the MSD approach contributing to systemic change and long-term sustainability.


Author(s):  
Mathew Whiting

When Sinn Féin and the IRA emerged in Northern Ireland in 1969 they used a combination of revolutionary politics and violence to an effort to overthrow British rule. Today, the IRA is in a state of ‘retirement’, violence is a tactic of the past, and Sinn Féin is a co-ruler of Northern Ireland and an ever growing political player in the Republic of Ireland. This is one of the most startling transformations of a radical violent movement into a peaceful political one in recent times. So what exactly changed within Irish republicanism, what remains the same, and, crucially, what caused these changes? Where existing studies explain the decision to end violence as the product of stalemate or strategic interplay with the British state, this book draws on a wealth of archival material and interviews to argue that moderation was a long-term process of increasing inclusion and contact with political institutions, which gradually extracted moderate concessions from republicanism. Crucially, these concessions did not necessitate republicans forsaking their long-term ethno-national goals. The book also considers the wider implications of Irish republicanism for other cases of separatist conflict, and has significance for the future study of state responses to violent separatism and of comparative peace processes.


2018 ◽  
Vol 9 (2) ◽  
pp. 33-48
Author(s):  
Rivaldy Februansyah ◽  
Ika Yanuarti

The manufacturing sector is one of the most dominant economic sectors in in achieving growth and development in Indonesia. It needs adequate fund to develop its business. The sources of fund are from internal and external. The firm usually optimized the usage of internal fund prior to external fund. The internal fund comes from equity while the external funds are from debt and stock. Debt is also known as financial leverage. There is a phenomenon that the usage of debt increased the firm’s financial performance, since interest on debt could lower the payment of tax (tax shield). On the other side, the higher the financial leverage the higher the risk of bankruptcy. This research aims to analyze whether financial leverage has an influence on financial performance in the manufacturing sector listed on the Indonesia Stock Exchange (IDX) period 2015. The method of analysis used in this research is multiple linear regression analysis. This research uses quantitative approach with a sample of 140 listed companies in the manufacturing industry. The firm’s financial performance could be measured by the financial ratios. Financial Leverage ratios are ratios that measure the ability of firm’s to meet its financial obligation and the level of usage debt as compared to equity. There are several financial leverage ratios that used in this research, such as Debt Ratio (DR), Debt to Equity Ratio (DER), Interest Coverage Ratio (ICR), and Long Term Debt Ratio (LTDR). Financial performance indicates the ability of firm to generate profit and measured by Profitability Ratio. Return on Asset (ROA) is one of the Profitability Ratio. The statistical result shows that Debt Ratio (DR) negatively affect Return on Asset (ROA) and Interest Coverage Ratio (ICR) positively affect Return on Asset (ROA). Meanwhile, Debt to Equity Ratio (DER) and Long Term Debt Ratio (LTDR) did not affect Return on Asset (ROA). On the other hand, result shows that Debt Ratio (DR), Debt to Equity Ratio (DER), Interest Coverage Ratio (ICR), and Long Term Debt Ratio (LTDR) affect Return on Asset (ROA) simultaneously. Keywords: Financial Leverage, Debt Ratio (DR), Debt to Equity Ratio (DER), Interest Coverage Ratio (ICR), Long Term Debt Ratio (LTDR), Financial Performance, Return on Assets (ROA)


Author(s):  
V. Zubenko ◽  
A. Massalimova

The accelerated economic development of China in recent decades has allowed it to accumulate the potential to multiply its influence in Eurasia and initiate a number of ambitious political and economic projects designed for the long term. The most important of these are the concepts of the Silk Road Economic Belt (SREB) and the 21st Century Marine Silk Road (UWB), put forward by Chinese President Xi Jinping in autumn 2013 and subsequently combined under the title "One Belt — one way" as the strategy of China’s foreign economic policy, at least until 2022. Another factor behind the emergence of the SREB concept is the change in China’s foreign economic paradigm and its transition from a country attracting foreign direct investment to a donor country. Therefore, industrial cooperation is an important part of the SREB. In the negotiations of the EAEU countries with China on the integration of the EAEU and the SREB, it is necessary to take into account the interests of the industrial development of the EAEU countries, as well as the possible economic, political, operational and environmental risks that the process of interfacing with the SREB entails. It is necessary that the industrial cooperation of the EAEU countries and China be based on the principles of equality and mutual benefit.


Author(s):  
Başak Çali

This chapter surveys the legal influence of the International Covenant on Civil and Political Rights (ICCPR) on the domestic laws of States in the Middle East region. It analyses ratification, reservation, and reporting practices, the domestic legal status of the ICCPR, and State responses to the Human Rights Committee’s concluding observations. The chapter argues that the ICCPR’s legal influence in the region is structurally hampered due to its lack of authoritative legal status and the dominance of defensive domestic legalism. A significant gap remains between the HRC’s vision of civil and political rights protection grounded in the entrenchment of liberal, democratic, and multicultural laws and the region’s authoritarian or majoritarian political structures that foreground security and treat non-majority identities as threats. The influence of the ICCPR on domestic laws in the Middle East remains a long-term battle, whereby small gains under limited legal opportunity structures remain the overarching norm.


2006 ◽  
Vol 10 (2) ◽  
pp. 287-301
Author(s):  
Anush Begoyan

AbstractThe article examines security issues of the Transcaucasian region with the focus on nonmilitary and trans-border security threats and a regional security community that also includes non-state security actors of the region, such as not-recognised autonomous entities, nations, ethnic groups, minorities, etc.This approach to regional security shifts the focus of policies from balance of power to closer regional integration and cooperation, as well as joint provision of regional security. Despite many objectives and existing obstacles to this scenario of regional development, the author sees it to be the only way toward a stable and long-term security in the region. The article argues that closer regional cooperation and integration would allow to accommodate interests and security concerns of non-state actors of the region and would bring the fate of regional issues back in the hands of the regional powers and create bases for sustainable and lasting peace in the region.


2007 ◽  
Vol 40 (2) ◽  
pp. 191-208 ◽  
Author(s):  
Douglas L. Tookey

Environmental challenges, resulting from either a scarcity of natural resources or environmental degradation, may contribute to security risks in Central Asia. An encouraging sign is the recent attention of the governments of Central Asia, civil society groups and international organizations to these environmental security issues. Their efforts indicate that by working together to prevent conflicts caused by environmental problems, cooperation among the countries of Central Asia may expand. Both short and long-term obstacles must be overcome if these groups are to ensure that environmental stresses do not lead to security concerns.


Societies ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 12
Author(s):  
Paul Higgs ◽  
Chris Gilleard

This paper is concerned with the issue of ageism and its salience in current debates about the COVID-19 pandemic. In it, we address the question of how best to interpret the impact that the pandemic has had on the older population. While many feel angry at what they see as discriminatory lock-down practices confining older people to their homes, others are equally concerned by the failure of state responses to protect and preserve the health of older people, especially those receiving long-term care. This contrast in framing ageist responses to the pandemic, we suggest, arises from differing social representations of later life, reflecting the selective foregrounding of third versus fourth age imaginaries. Recognising the tension between social and biological parameters of ageing and its social categorisations, we suggest, may offer a more measured, as well as a less discriminatory, approach to addressing the selective use of chronological age as a line of demarcation within society.


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