Beijing seeks to promote security cooperation

Subject China's views on regional security cooperation. Significance China’s State Council has issued a manifesto for Asia-Pacific security that demonstrates the country’s growing diplomatic stature and asserts a positive outlook for the region’s peace and prosperity. It updates longstanding policies with a call for “new thinking” in the context of the “great rejuvenation of the Chinese nation”. Impacts The paper’s unusual emphasis on Afghanistan suggests deepening engagement in Central Asia, including the Shanghai Cooperation Organisation. Russia will take comfort in assertions of deepening strategic partnership and “firm mutual support" vis-a-vis each other’s "core interests”. The 'friendship' of the Philippines may become a focus for China-US competition.

2018 ◽  
Vol 5 (3) ◽  
pp. 267-294 ◽  
Author(s):  
Dennis D. Trinidad

This article examines the implications of Japan’s strategic partnerships with Association of Southeast Asian Nations (ASEAN) member-countries on its foreign aid policy. Although there were previous attempts at aligning the broad goals of Japan’s aid policy with security and defence objectives, it argues that these partnerships have increasingly led to the emergence of a securitized aid. This is because strategic partnership, as a new form of security practice in the Asia-Pacific, extends the scope of Japan’s regional cooperation to the fields of defence and security. The overall extent of Japan’s aid securitization is still minimal but prominent in terms of the aid discourse, pattern of allotments or choice of recipients and institutional structures. Despite the adoption of new development cooperation charter in 2015, the use of Japan’s ODA is still confined to non-military use which limits Tokyo’s desire to deepen its security cooperation with ASEAN partner-countries.


Subject The militancy phenomenon. Significance The Sahel is often discussed in Western and international policy circles as a region with notable problems of porous borders, smuggling, trafficking and militant Islamists. In recent years, the Sahel has seen several high-profile terrorist attacks and violent incidents, and there is a history of Westerners being kidnapped in the Sahara. The political crisis in Mali in 2012-13 triggered military intervention by France and the deployment of a UN peacekeeping mission. Impacts High-profile terrorist attacks may recur in the Sahel but will remain rare. Regional security cooperation will grow only slowly. Militant groups will not form significant links across the region or outside it.


2016 ◽  
Vol 26 (4) ◽  
pp. 543-560 ◽  
Author(s):  
Qaiser Rafique Yasser ◽  
Abdullah Al Mamun ◽  
Irfan Ahmed

Purpose The main purpose of this paper is to examine the causes and interrelations between ownership composition and financial reporting quality of firms in the Asia-Pacific region. Design/methodology/approach The study uses panel data for 420 firms for the period 2011-2013 (three years) from Australia, Singapore, Malaysia, the Philippines and Pakistan. Findings Overall, the authors find that ownership concentration is positively associated with the financial reporting quality. However, institutional ownership and foreign ownership are positively associated with financial disclosure in developing countries. Further, the result indicates that institutional and public ownership is positively associated with financial reporting in developed countries. Among the control variables, the authors find that larger firms are negatively correlated with financial reporting quality in Asia-Pacific. Originality/value These results highlight the highly individualized effects of blockholders and the need for research to further understand the mechanisms through which shareholders impact financial reporting quality.


Author(s):  
E. A. Kanaev ◽  
A. S. Korolev

The article aims to specify the influence of the projects the Greater Eurasia and the Indo-Pacific Region on the prospective relations between Russia and ASEAN. The key component of its novelty is the authors’ original criteria of comparing the two projects: the degree of consolidating agenda of cooperation between their current and prospective participants, the congruence with the East Asia’s – assuming that it will be the economic driver of the forthcoming Greater Eurasia and Indo-Pacific Region – modality of multilateral dialogue and the preconditions for the survivability of both projects in the long-term perspective. Making this comparison, the authors substantiate the view that the Greater Euraya  sian Partnership is far more competitive that the Indo-Pacific Region. Exploring cooperation between Russia and ASEAN through the prism of their forthcoming strategic partnership, the authors offer an original interpretation of the reasons behind the presently insufficient cooperation and its most likely future directions proceeding from the mutual influence of Russia’s and ASEAN’s prospective planning and the emerging global context. In the near future, combating international terrorism and strengthening connectivity will come to the forefront of Russia’s and ASEAN’s priorities, with the focus shifting from Southeast Asia to the Eurasian area. In the authors’ view, if the present trends continue the aftereffects of the Indo-Pacific Region can stimulate downward trends in the Russia-ASEAN relationship. This will be premised upon the decrease in effectiveness of the Asia-Pacific multilateral dialogue platforms, likely Russian-Chinese joint maneuvers in the South China Sea and the necessity to specify, along with lack of impressive results, the essence of the Comprehensive Strategic Partnership between Russia and Vietnam as the foundation for the Russia-ASEAN strategic partnership. In its turn, the Greater Eurasia offers Russia and the association new promising possibilities, among which of particular importance are the development of connectivity narrative in Eurasia and combating international terrorism by means of adopting the ASEAN-led dialogue platforms ARF, ADMM+8 and EAS to the future system of security, cooperation and co-development from Lisbon to Jakarta. The realization of the forthcoming shift from the Asian century to the Eurasian century and the emergence of the Greater Eurasia as the second center in the global politics will allow Russia and the association to expand and diversify their cooperation and, in perspective, to develop it on the self-supporting and self-reproducing basis. 


Significance Harris visited Singapore and Vietnam, both of which figure heavily in US security policy in the region. In Singapore, she weathered criticism of the US withdrawal from Afghanistan. In Hanoi, she proposed talks about a strategic partnership, which would mean a significant upgrade to relations with Vietnam. Impacts The Afghanistan withdrawal will make alliances and US reliability central issues in upcoming elections in Japan and South Korea. Japan will strengthen its emerging security cooperation with India, shoring up its defence in the west of the Indo-Pacific region. To test US commitment to the region after the Afghanistan withdrawal, China and North Korea will be increasingly provocative.


2016 ◽  
Vol 29 (4) ◽  
pp. 413-428 ◽  
Author(s):  
Qaiser Rafique Yasser ◽  
Abdullah Al Mamun

Purpose This study aims to review the growing research area of behavioral corporate governance; it explores the relationship between CEO duality attributes and earning management in the context of Asia-Pacific countries. Over time, the use by boards of chief executive officer (CEO) duality has fluctuated, and the scholarly conceptualizations of the phenomenon have become more complex. Design/methodology/approach This paper uses panel data from 330 firm years from Australia, Malaysia, The Philippines and Pakistan by taking a sample of three years from 2011 to 2013. Findings The results of the analysis reveal that the board leadership structure was not associated with firm performance and financial reporting quality. However, female CEOs impacted negatively on firm performance in Malaysia, The Philippines and Pakistan. Further analyses expose that the firm size was negatively related with performance, whereas established firms in Australia had strong reporting quality. However, large boards assured healthier reporting quality in Australia and Malaysia. Practical implications This paper provides empirical evidence that a unitary leadership pattern has no significant impact on companies in the Asia-Pacific, and it would be of interest to regulatory bodies, business practitioners and academic researchers. Originality/value This paper contributes to the literature on corporate governance and earnings management by introducing a framework for identifying and analyzing moderating variables that affect the relationship between the leadership structure and a firm’s financial reporting quality.


Significance With the ending of ISAF's mission, a new mission named 'Resolute Support' comes into force, with about 13,000 troops providing support and training to Afghanistan's 350,000 security personnel. However, despite this continuing support, fear continues to rise that 2015 will see a significant resurgence of extremist groups inside Afghanistan, with the prospect of a spill-over of fighting into Central Asia. Members of the Shanghai Cooperation Organisation (SCO) held their largest counter-terrorism drills in August 2014, and it is likely that 2015 will see further significant SCO military drills in Central Asia. Impacts Increased security clampdown in Central Asia in 2015 will come at the expense of democratic freedoms. Despite Chinese and Russian military capabilities, the SCO will lack the capacity to replace NATO in Afghanistan. Afghanistan's instability will provide an avenue for renewed limited security cooperation between Russia and the West.


Subject ASEAN-US defence and security ties outlook. Significance The 'Shangri-La Dialogue' held in Singapore between May 29 and 31 evidenced the growing China-US divide over the South China Sea, particularly over China's island-building activities. The frictions will be revisited at the ASEAN Regional Forum, in Malaysia on June 10. Burgeoning tensions in the South China Sea increase pressure on South-east Asian countries, and ASEAN, to maintain equilibrium in relations with China and the United States as individual ASEAN countries pursue their own maritime interests. Impacts The Philippines will seek further US defence support, and develop security ties with Vietnam and Japan. Singapore will push for a South China Sea code of conduct, but China is unlikely to consent to a binding code. US Pacific Command leadership will provide some US strategy continuity in the Asia-Pacific region.


Subject Outlook for South-east Asia-Japan relations. Significance Japanese Prime Minister Shinzo Abe meets US President Donald Trump on February 10. This follows his January 12-17 tour of the Philippines, Vietnam, Indonesia and Australia and new US defence secretary James Mattis's visit to Tokyo and South Korea last week. China’s assertiveness and influence in the Asia-Pacific region, and the policy uncertainties surrounding the Trump administration threaten Japan’s traditional foreign and security policy settings and East and South-east Asian leadership role. Impacts South-east Asian states will try to play China and Japan off against each other for improved infrastructure financing. Australia and Japan are now the leading countries committed to the TPP’s continued relevance. Vietnam is likely to seek deeper economic and security ties with Japan. Japan may face US pressure to conduct South China Sea freedom-of-navigation patrols.


Significance In response to China's activities in the South China Sea, the United States has begun to implement its South-east Asia Maritime Security Initiative (MSI), which seeks to build the maritime capacity of security partners in the region. Impacts Duterte's anti-crime agenda for the Philippines could see some positive knock-on effects for coast guard procurements. Closer defence ties underlined by the MSI will also see greater diplomatic spats between Washington and its allies over human rights issues. A victory by Hillary Clinton in the 2016 elections would help bolster US credibility as a long-term regional security guarantor.


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