Pub Date : 2019-02-15DOI: 10.22439/CJAS.V36I2.5650
A. Gupta
delivery and availability in India in light of the changes brought about by the Insolvency and Bankruptcy Code, 2016. The introduction of the Code is purported to resolve the issues within the credit ecosystem by identifying correctly all the stakeholders, most importantly the creditors and the debtors, resolving and settling non-performing assets, creating a robust mechanism for settling credit-related disputes, reducing creditor distrust and ensuring continuance of functioning of companies rather than being wound up for non-payment of debts.While the Code promises to be a game changer, there exist various challenges that need to be addressed as the success of the Code is dependent on the manner in which its provisions are implemented, especially those pertaining to the strict timelines with parties seeking excessive discretionary indulgence from the adjudicatory authorities. Further, the challenges include impact of differential treatment meted out to the creditors, the committee of creditors being ordained with considerable powers over the fate of the corporate debtor, and the insolvency professionals being allowed to run the entities without much accountability and capability has resulted in an increased number of disputes. The legal, logical and procedural hurdles thus mentioned will need to be addressed in the most amicable manner within the foreseeable future.
{"title":"Insolvency and Bankruptcy Code, 2016: A Paradigm Shift within Insolvency Laws in India","authors":"A. Gupta","doi":"10.22439/CJAS.V36I2.5650","DOIUrl":"https://doi.org/10.22439/CJAS.V36I2.5650","url":null,"abstract":"delivery and availability in India in light of the changes brought about by the Insolvency and Bankruptcy Code, 2016. The introduction of the Code is purported to resolve the issues within the credit ecosystem by identifying correctly all the stakeholders, most importantly the creditors and the debtors, resolving and settling non-performing assets, creating a robust mechanism for settling credit-related disputes, reducing creditor distrust and ensuring continuance of functioning of companies rather than being wound up for non-payment of debts.While the Code promises to be a game changer, there exist various challenges that need to be addressed as the success of the Code is dependent on the manner in which its provisions are implemented, especially those pertaining to the strict timelines with parties seeking excessive discretionary indulgence from the adjudicatory authorities. Further, the challenges include impact of differential treatment meted out to the creditors, the committee of creditors being ordained with considerable powers over the fate of the corporate debtor, and the insolvency professionals being allowed to run the entities without much accountability and capability has resulted in an increased number of disputes. The legal, logical and procedural hurdles thus mentioned will need to be addressed in the most amicable manner within the foreseeable future.","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49193575","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-02-15DOI: 10.22439/cjas.v36i2.5653
S. Rana
{"title":"Tasneem Khalil, Jallad: Death Squads and State Terror in South Asia.","authors":"S. Rana","doi":"10.22439/cjas.v36i2.5653","DOIUrl":"https://doi.org/10.22439/cjas.v36i2.5653","url":null,"abstract":"","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46270904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-02-15DOI: 10.22439/cjas.v36i2.5647
Shen Yue
In the past 25 years, partnership diplomacy has gradually become an indispensable component in China's grand diplomacy strategy. Between 1993 and the end of 2017, China established more than 100 partnerships with the outside world. To better understand the evolution of China's strategy for diplomacy we need to know how these partnerships are formed and what motivates China to foster its partnership network. Although the importance of this strategy has been identified, the current literature does not yet include significant study of China's partnership network. This article attempts to fill this gap by assessing existing literature on partnership and government documents, interpreting the diversified labels and grades of partnerships, and analysing the network's evolution. It also attempts to estimate possible challenges facing China in the future expansion of its global partnership network. It argues that, although China intends to further extend its global influence and explore potential benefits through its partnerships, because of the challenges ahead its partnership network is still an aspiration rather than a realistic blueprint.
{"title":"Towards a Global Partnership Network: Implications, Evolution and Prospects of China's Partnership Diplomacy","authors":"Shen Yue","doi":"10.22439/cjas.v36i2.5647","DOIUrl":"https://doi.org/10.22439/cjas.v36i2.5647","url":null,"abstract":"In the past 25 years, partnership diplomacy has gradually become an indispensable component in China's grand diplomacy strategy. Between 1993 and the end of 2017, China established more than 100 partnerships with the outside world. To better understand the evolution of China's strategy for diplomacy we need to know how these partnerships are formed and what motivates China to foster its partnership network. Although the importance of this strategy has been identified, the current literature does not yet include significant study of China's partnership network. This article attempts to fill this gap by assessing existing literature on partnership and government documents, interpreting the diversified labels and grades of partnerships, and analysing the network's evolution. It also attempts to estimate possible challenges facing China in the future expansion of its global partnership network. It argues that, although China intends to further extend its global influence and explore potential benefits through its partnerships, because of the challenges ahead its partnership network is still an aspiration rather than a realistic blueprint.","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47550874","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-02-15DOI: 10.22439/cjas.v36i2.5652
Alexandre Cesar Cunha Leite
{"title":"Damien Kingsbury, Politics in Contemporary Southeast Asia: Authority, Democracy and Political Change.","authors":"Alexandre Cesar Cunha Leite","doi":"10.22439/cjas.v36i2.5652","DOIUrl":"https://doi.org/10.22439/cjas.v36i2.5652","url":null,"abstract":"","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43929106","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-02-15DOI: 10.22439/CJAS.V36I2.5648
J. Reyes, Brando Gabriel C. Arce, Nicolle Bien N. Madrid
Myriad debates in electoral politics have drawn attention to the importance of and risks to genuine democracy brought about by factors such as campaign spending, incumbency, political party affiliation and political dynasties. However, only a few studies utilize integrative and multivariate approaches to understanding the contribution of these factors, and this is even rarer for studies on the Philippines of recent times, despite its being among the first and most vibrant democracies in Asia. Examining the relationships to senatorial candidates' total number of votes for the 2010, 2013 and 2016 elections findings reveal overall that total campaign expenditure has a very significant relationship with the number of votes, this being consistent for all of the elections covered by the study. Thus money matters a lot – even when compared with the traditionally highly regarded factors such as incumbency, political dynasty and membership to political parties. This article discusses the results in relation to the socio-political context of the Philippines and provides additional insights and implications of the findings.
{"title":"Do Money, Power, Family and Connections Really Matter in Politics? Analysing Factors of Success in the 2010, 2013 and 2016 Philippine Senatorial Elections","authors":"J. Reyes, Brando Gabriel C. Arce, Nicolle Bien N. Madrid","doi":"10.22439/CJAS.V36I2.5648","DOIUrl":"https://doi.org/10.22439/CJAS.V36I2.5648","url":null,"abstract":"Myriad debates in electoral politics have drawn attention to the importance of and risks to genuine democracy brought about by factors such as campaign spending, incumbency, political party affiliation and political dynasties. However, only a few studies utilize integrative and multivariate approaches to understanding the contribution of these factors, and this is even rarer for studies on the Philippines of recent times, despite its being among the first and most vibrant democracies in Asia. Examining the relationships to senatorial candidates' total number of votes for the 2010, 2013 and 2016 elections findings reveal overall that total campaign expenditure has a very significant relationship with the number of votes, this being consistent for all of the elections covered by the study. Thus money matters a lot – even when compared with the traditionally highly regarded factors such as incumbency, political dynasty and membership to political parties. This article discusses the results in relation to the socio-political context of the Philippines and provides additional insights and implications of the findings.","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42986325","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-02-15DOI: 10.22439/CJAS.V36I2.5651
Ekta Singh
{"title":"Kerry Brown, CEO, China: The Rise of Xi Jinping.","authors":"Ekta Singh","doi":"10.22439/CJAS.V36I2.5651","DOIUrl":"https://doi.org/10.22439/CJAS.V36I2.5651","url":null,"abstract":"","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2019-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42580993","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-04DOI: 10.22439/cjas.v36i1.5517
B. Larsen
{"title":"Jonathan Fenby, Will China Dominate the 21st Century?","authors":"B. Larsen","doi":"10.22439/cjas.v36i1.5517","DOIUrl":"https://doi.org/10.22439/cjas.v36i1.5517","url":null,"abstract":"","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42711275","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-04DOI: 10.22439/cjas.v36i1.5515
A. Viswanath
{"title":"Manoranjan Mohanty, China's Transformation: The Success Story and the Success Trap","authors":"A. Viswanath","doi":"10.22439/cjas.v36i1.5515","DOIUrl":"https://doi.org/10.22439/cjas.v36i1.5515","url":null,"abstract":"","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46103623","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-04DOI: 10.22439/CJAS.V36I1.5510
Litao Zhao
China's quest to have world-class universities has entered a new phase since 2015, with the 'Double World-Class Project' replacing the '985 Project' and the '211 Project' launched in the 1990s. The transition from World-Class 1.0 to World-Class 2.0 provides a good window onto changes in China's policymaking. The prevailing literature has identifi ed broad trends such as institutionalization, decentralization and expanded participation. While this paper fi nds evidence in support of the prevailing literature, it also challenges the thesis of institutionalization, decentralization and expanded participation. The celebrated evolution from 'hierarchical governance' to 'network governance' or from 'consultation' to 'deliberation' in China's policymaking, however desirable, is premature—especially for multibillion, high-stakes policy initiatives such as the 'Double World-Class Project'.
{"title":"China's World-Class 2.0: Towards More Institutionalized and Participatory Policymaking?","authors":"Litao Zhao","doi":"10.22439/CJAS.V36I1.5510","DOIUrl":"https://doi.org/10.22439/CJAS.V36I1.5510","url":null,"abstract":"China's quest to have world-class universities has entered a new phase since 2015, with the 'Double World-Class Project' replacing the '985 Project' and the '211 Project' launched in the 1990s. The transition from World-Class 1.0 to World-Class 2.0 provides a good window onto changes in China's policymaking. The prevailing literature has identifi ed broad trends such as institutionalization, decentralization and expanded participation. While this paper fi nds evidence in support of the prevailing literature, it also challenges the thesis of institutionalization, decentralization and expanded participation. The celebrated evolution from 'hierarchical governance' to 'network governance' or from 'consultation' to 'deliberation' in China's policymaking, however desirable, is premature—especially for multibillion, high-stakes policy initiatives such as the 'Double World-Class Project'.","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41371140","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-04DOI: 10.22439/CJAS.V36I1.5516
Kasper Ingeman Beck
{"title":"Xiaoke Zhang and Tianbiao Zhu (eds), Business, Government and Economic Institutions in China","authors":"Kasper Ingeman Beck","doi":"10.22439/CJAS.V36I1.5516","DOIUrl":"https://doi.org/10.22439/CJAS.V36I1.5516","url":null,"abstract":"","PeriodicalId":35904,"journal":{"name":"Copenhagen Journal of Asian Studies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43429091","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}