Curbing corruption in China

Residents Wukan village in southern China held a symbolic election on 1 February 2012, a small step towards grassroots rights in a center that is now a benchmark of rural defiance against land grabs and corruption that blight villages nationwide. (Photo: AAP)

Author: Michel May, Waseda University

As bright as the future may seem for China, crucial reforms are needed in order to maintain its current rate of economic growth and prevent the Chinese economy from falling over like a house of cards.

Some of the most imminent challenges that China faces in the near future include environmental pollution, income inequality, uneven development between rural and coastal areas, and a risky financial system. The central government has already identified these problems, and reforms are now in place — including those contained within China’s twelfth five-year plan announced in March 2011. Read more…

Chinese economic reform, full front and centre

Pedestrians cross a street in a busy shopping district of Beijing on 1 February 2012. A low share of private consumption expenditure and a super-elevated share of investment in GDP are among the problems that need to be corrected to propel China toward a new and sustainable growth path. (Photo: AAP)

Author: Peter Drysdale, Editor, East Asia Forum

China’s vice president, Xi Jinping, is set to make a hugely important visit to the US next week, prior to succeeding President Hu Jintao as China’s next president later this year.

The visit will set the stage for interaction between the next generation of Chinese leaders and American political leadership and help to shape how the most important bilateral relationship in the world will be managed over the medium-term future. Read more…

Indonesia must choose its direction in 2012

Former deputy of the Indonesian Central Bank, or Bank Indonesia Miranda, Swaray Goeltom talks to reporters at the Corruption Eradication Commission (KPK) offices in Jakarta on 30 January 2012. The KPK on 26 January named Miranda Swaray Goeltom a suspect in the 2004 vote-buying scandal at the House of Representatives. (Photo: AAP)

Author: Yasmi Adriansyah, ANU

Indonesians have reason to be both optimistic and pessimistic coming into 2012. The question is: which outlook is more likely to prevail?

In his New Year message, President Susilo Bambang Yudhoyono (SBY) requested that all Indonesians work to maintain order. Read more…

Taiwan’s election results raise Chinese expectations

Taiwan President and ruling Kuomintang presidential candidate Ma Ying-jeou and his wife, Chou Mei-ching, greet supporters after winning the presidential elections outside the party campaign headquarters in Taipei on 14 January 2012. (Photo: AAP)

Author: Sheryn Lee, ANU

On 14 January, Taiwan’s incumbent president, Ma Ying-jeou, won a second term in office, obtaining 51.6 per cent of the popular vote while Tsai Ing-wen, his Democratic Progressive Party (DPP) opponent, managed 45.6 per cent.

Ma’s party, the Kuomintang (KMT), thus retained control of the Legislative Yuan, securing 64 of the 113 seats. Read more…

Japan’s cabinet reshuffle: a futile gesture?

Japanese Prime Minister Yoshihiko Noda, front row center, and his new Cabinet members stand together for an official group photo session. (Photo: AAP)

Author: Aurelia George Mulgan, UNSW Canberra

In selecting his first cabinet and party executive line-up in September 2011, the most important motivation for Japan’s Prime Minister Noda was intra-party harmony.

His ministers were largely selected to appease political strongman Ichiro Ozawa, who maintains a well-deserved reputation for either running parties or destroying them. Read more…

New Zealand: might 2012 be smoother?

A sign advertising the 2011 Rugby Worl Cup stands outside the destroyed Christchurch Cathedral in Christchurch, New Zealand, after the city was hit by a 6.3 magnitude earthquake on Feb. 22. (Photo: AAP)

Author: Robert Ayson, Victoria University of Wellington

Visitors to New Zealand during the uneventful general election in November 2011, which returned John Key’s National Party to office, would be forgiven for thinking things were running smoothly.

This was helped by the fact that a few weeks earlier, New Zealanders gained the greatest prize they could wish for. This was not a Nobel Prize for their leading scientists; nor a temporary seat on the UN Security Council, which Mr Key’s government wants to secure; nor the competent hosting of the Pacific Islands Forum in Auckland, which came and went without much trace. Read more…

Burma in 2011: contradictory impulses

Myanmar President Thein Sein, right, meets with U.S. Secretary of State Hillary Rodham Clinton during a meeting in Naypyidaw, Myanmar Thursday. (Photo: AAP)

Author: Jacqueline Menager, ANU

Contradiction is a mainstay in Burmese life. In downtown Rangoon, a giant new Toshiba TV screen hangs over the street, while rickety cars and taxis from the 1970s whir past below. Crumbling colonial-era buildings are mixed with shiny new Chinese-funded monoliths.

But nowhere is the country’s inherent contradiction more apparent than in the developments of 2011. Primarily, the new parliament’s formation must be juxtaposed against resumed violence in border regions. And we must decide which of the two dynamics to take as the year’s prevailing reality. Read more…

Thailand: robust electoral politics but unstable democracy

The then opposition Puea Thai party candidate (now Prime-Minister of Thailand) Yingluck Shinawatra celebrates her victory at party headquarters in Bangkok. (Photo AAP/Nicolas Asfouri)

Author: Prajak Kongkirati, ANU

On the surface the general election of 3 July 2011 may look like any other Thai election, but both its timing and context set it apart as historically significant.

Incumbent Prime Minister Abhisit Vejjajiva called for elections on 11 March 2011, even though his government had until the year’s end to finish its term. Read more…

Rethinking the ‘China model’

Workers carry red lanterns out from a workshop in a village in Taizhou, in Zhejiang province on 28 December 2011, as they prepare to meet orders from overseas Chinese companies ahead of the lunar new year celebrations. Chinese export growth is expected to halve in 2012 from this year as turmoil in Europe and the US hits demand for Chinese products, a senior government researcher said. (Photo: AAP)

Author: Shaun Breslin, University of Warwick and RIIA

The idea that there is a coherent and distinct ‘Chinese model’ of political economy has gained attention in recent years — especially as financial crisis elsewhere has undermined confidence in the (neo)liberal models often associated with Western interests and objectives.

To be sure, there are many in China and elsewhere who argue the crisis has actually highlighted key defects in China’s development model.

Read more…

Republican leadership in Australia

Queen Elizabeth (right) looks at smiling Australian Prime Minister Julia Gillard during a banquet dinner as part of the Commonwealth Heads of Government Meeting (CHOGM) in Perth on Friday, 28 October 2011. (Photo: AAP)

Author: John Warhurst, ANU

The debate as to whether Australia should become a republic or remain a constitutional monarchy is at a paradoxical stage.

A majority of leading Australians in the private and public sectors support the change from a constitutional monarchy under the British crown to an Australian head of state. But many citizens remain undecided, after rejecting this constitutional change by 55 per cent to 45 per cent at a national referendum in 1999. Read more…

The Reserve Bank of India’s lost policy lever

Indian laborers work at a construction site on the outskirts of New Delhi, India. High inflation has weakened demand and prompted the central bank to hike rates thirteen times over the last 18 months, crimping growth as a dour global economy squeezes credit and exports. (Photo: AAP)

Author: Renu Kohli, ICRIER

The Reserve Bank of India’s (RBI) hands-off exchange rate strategy has resulted in a missed opportunity to curtail inflation.

Intervention in the foreign exchange market would have helped counter inflation; but the RBI has failed to grasp such a dexterous policy tool.  Read more…