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Full-Text Articles in Social and Behavioral Sciences

China’S Changing Perspective On The Wto: From Aspiration, Assimilation To Alienation, Henry S. Gao Dec 2023

China’S Changing Perspective On The Wto: From Aspiration, Assimilation To Alienation, Henry S. Gao

Research Collection Yong Pung How School Of Law

Since its accession to the WTO twenty years ago, China’s image has shifted from a good student aspiring to assimilate itself into the multilateral trading system to one that is increasingly alienated from key WTO principles. How has China’s perspective on WTO been evolving? What are the reasons behind China’s changing perspective? This chapter addresses these questions from the Chinese perspective with a comprehensive analysis of the key moments in China’s first two decades in the WTO, followed by practical suggestions on how to engage China more constructively in the WTO and beyond.


How To Understand China's Approach To Central Bank Digital Currency?, Heng Wang Sep 2023

How To Understand China's Approach To Central Bank Digital Currency?, Heng Wang

Research Collection Yong Pung How School Of Law

China's central bank digital currency (CBDC), digital yuan or e-CNY, is likely to profoundly affect the international financial system. China's CBDC is fast evolving. Understanding the influencing factors of China's CBDC will likely be crucial to explore its future direction. Major influencing factors include (i) China's perception and conception of regulation and technology, (ii) complementarity between China's preferences and CBDC development, (iii) domestic and international legitimacy, and (iv) institutional development. This paper argues that these influencing factors contribute to China's likely approach of selectively reshaping the international financial system. Given the potential wide-ranging implications of the introduction of CBDC globally, …


Rethinking Asia-Pacific Regionalism And New Economic Agreements, Julien Chaisse, Pasha L. Hsieh May 2023

Rethinking Asia-Pacific Regionalism And New Economic Agreements, Julien Chaisse, Pasha L. Hsieh

Research Collection Yong Pung How School Of Law

The neoliberal international order is facing a variety of pressing obstacles. One of the most contentious issues is the emergence of new Asian regionalism, which has been driven by the rising economic power of the region and integration based on the Association of Southeast Asian Nations (ASEAN) Plus Six framework. The legalization of the ASEAN way has propelled the New Regional Economic Order (NREO), which reinforces a trade-development nexus alternative to the Washington Consensus and will have far-reaching normative, economic, and geopolitical effects on the world. Given the proliferation of trade and investment initiatives including the ASEAN Economic Community and …


Trade And Transfer Of Environmentally Sound Technology In Asean: Mapping Priorities To Economic Treaty Negotiations, Locknie Hsu Dec 2022

Trade And Transfer Of Environmentally Sound Technology In Asean: Mapping Priorities To Economic Treaty Negotiations, Locknie Hsu

Research Collection Yong Pung How School Of Law

The 10 members of the Association of Southeast Asian Nations (“ASEAN”) share common objectives in economic, sociocultural and political-security integration. Addressing environmental concerns is animportant consideration which traverses different areas of integration policymaking. ASEAN has, in recent years, emphasised the importance of environmental considerations, including environmentally sound technologies (“ESTs”) which may contribute to its climate change mitigation and adaptation efforts, in its law and policymaking. This article discusses the nexus between ASEAN’s needs for the transfer of ESTs and the group’s economic treaty negotiations. Through a “mapping” of such needs to free trade agreementareas, it aims to provide a pathway …


The Promises And Perils Of Insurtech, Lin Lin, Christopher C. H. Chen Jul 2020

The Promises And Perils Of Insurtech, Lin Lin, Christopher C. H. Chen

Research Collection Yong Pung How School Of Law

The insurance sector, in riding the wave of the FinTech phenomenon, has been rapidly expanding, with a slew of firms having emerged to provide so-called “InsurTech” services. These services incorporate concepts such as blockchain, artificial intelligence, digitalisation and the sharing economy to various aspects of the insurance industry. This profusion of technology brings with it the promise of various benefits including increasing efficiency and lowering costs for not only insurers and intermediaries, but also businesses or consumers as end-users of insurance. However, the development of InsurTech comes with corresponding risks and regulatory concerns not currently accounted for by the traditional …


Bicentennial Commemoration Has To Be More Than Just An Anniversary, Tan K. B. Eugene Feb 2019

Bicentennial Commemoration Has To Be More Than Just An Anniversary, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law Eugene Tan examined the significance of the bicentennial commemoration to mark the 200th anniversary of the arrival of Sir Stamford Raffles on January 29, 1819. He cautioned that such commemorations cannot be just about sentimentality, novelty or the feel-good factor of how far Singapore has come along but should instead encourage us to think and remember as well as to learn the invaluable lessons of our past.


Weak Law V Strong Ties: An Empirical Study Of Business Investment, Law And Political Connections In China, Wei Zhang, Ji Li Mar 2017

Weak Law V Strong Ties: An Empirical Study Of Business Investment, Law And Political Connections In China, Wei Zhang, Ji Li

Research Collection Yong Pung How School Of Law

Based on a large-scale survey of Chinese entrepreneurs, our study explores how institutions (formal and informal) influence investment decisions made by private companies. The study finds that, consistent with the conventional view, a more effective legal system is correlated with short-term general investment, and that the judiciary is important mainly because of its restraint over the state. The role of effective courts, however, diminishes when private entrepreneurs consider making long-term investment. We find a positive association between the entrepreneurs’ political backgrounds and their R&D investment, suggesting that Chinese courts, in spite of decades of reform, are not yet viewed as …


Inside The Black Box: Political Economy Of The Trans-Pacific Partnership's Encryption Clause, Han-Wei Liu Jan 2017

Inside The Black Box: Political Economy Of The Trans-Pacific Partnership's Encryption Clause, Han-Wei Liu

Research Collection Yong Pung How School Of Law

Among other provisions of the Trans-Pacific Partnership (TPP) Agreement, a new clause on encryption technology (‘Encryption Clause’) is particularly noteworthy. By tracing the history of decades-long encryption control, this article underscores how this clause implicates international order. Modern encryption technology was conceived and developed during World Wars. Painted by such a war-time legacy, encryption has been treated as a ‘dual-use’ technology and has been subject to export control since the end of World War II via the Coordinating Committee for the Control of Multinational Trade (COCOM) and, later, the Wassenaar Arrangement. With the collapse of the Soviet Union, the Western …


Moving From Tension To Symbiosis In A Distinctive City, Tan K. B. Eugene Aug 2016

Moving From Tension To Symbiosis In A Distinctive City, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law Eugene Tan noted that meticulous urban planning has enabled Singapore to attain a high quality of living, delicately balancing the inherent tension between the economy and the environment. He shared his views on relevant issues such as the conflicting interests between Singapore’s immigration policy and its national identity, as well as the inherent tension between the economy and the environment. Associate Prof Tan pointed out that the quest to balance economic growth with environment concerns and social character is not a mere luxury but a growing imperative. He added that as Singapore …


Brexit Giving Shared Sovereignty A Bad Name, Tan K. B. Eugene Jul 2016

Brexit Giving Shared Sovereignty A Bad Name, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law Eugene Tan shared his thoughts on Britain's vote to leave the European Union (EU). He noted that if the UK’s exit, or Brexit, is poorly managed, it may presage the slow decline and growing irrelevance of the EU in the global political economy. He opined that the tragedy of Brexit is the profound misunderstanding of sovereignty, adding the concern now is the risk of populist exit contagion gaining traction in other EU member states, all in the name of sovereignty and democratic choice. Associate Prof Tan also said the entire episode holds …


Balancing Short-Term Concerns, Long-Term Goals, Tan K. B. Eugene Mar 2016

Balancing Short-Term Concerns, Long-Term Goals, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

To be delivered almost a month later than usual, this year’s Budget will be closely watched for Singapore’s strategy on economic growth, income redistribution, reducing societal inequality and the government’s role in seeking a national consensus on these key issues.


Legal Risk And Investor Protection For Retail Investment Products: An Empirical Study Of Lawsuits Regarding Mutual Funds And Structured Notes In Taiwan, Christopher C. H. Chen Jun 2015

Legal Risk And Investor Protection For Retail Investment Products: An Empirical Study Of Lawsuits Regarding Mutual Funds And Structured Notes In Taiwan, Christopher C. H. Chen

Research Collection Yong Pung How School Of Law

This article analyses the results of 322 lawsuits regarding retail mutual funds and structured notes in Taiwan between 2000 and 2012 and their relationship with other factors such as investors’ personal characteristics, main arguments and causes of action. This article has the following major findings: (1) the winning rate for investors was quite low, meaning that banks face low legal risk from misselling claims; (2) investors were not better off by filing a complaint to the Banker’s Association; (3) we have not proved the courts showing preference for investors with certain personal traits due to limited information available; (4) a …


Wage A Measured Battle Against The Bottle, Tan K. B. Eugene Aug 2014

Wage A Measured Battle Against The Bottle, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law and Nominated Member of Parliament Eugene Tan believed that there are legitimate and pressing concerns to justify the close scrutiny of the existing regime on alcohol sale and consumption. He felt that the authorities could leverage market research data to understand the drinking culture and norms here and generate nuanced regulatory responses to alcohol sale and consumption. The insights gleaned from such research could aid our understanding of the dynamics of the drinking culture here. Associate Prof Tan added that the key policy challenge in the review process is to tackle the …


Relevance Of The Regulatory State In North/South Intersections, Mark Findlay, Si Wei Lim Jul 2014

Relevance Of The Regulatory State In North/South Intersections, Mark Findlay, Si Wei Lim

Research Collection Yong Pung How School Of Law

Purpose – What seems like a new social anthropology of global regulation is an endeavour much too grand for this paper, even though it has much merit. To contain the analysis which follows, the discussion of social embeddedness will be restricted to a comparison of markets which retain some local or regional integrity from those which have become largely removed from cultural or communal social bonds. An example is between markets trading in goods and services with a consumer base which is local and subsistence, and markets in derivative products that are inextricably dependent on supranational location. The paper aims …


Budget 2014 Is About Doing The Right Thing, Tan K. B. Eugene Feb 2014

Budget 2014 Is About Doing The Right Thing, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law and NMP Eugene Tan opined that the Budget’s move for the Pioneer Generation Package (PGP) was important and the right thing to do, as it mattered politically, and provided benefits and assurance to the pioneers. He said it was wise to set aside the $8b cost of the package, so future generations would not bear the cost of financing it. The Budget had acknowledged its role in caring for the elderly as well as preparing for the future and promoting social mobility through education assistance schemes for the children of lower earners, …


The Makings Of A Social Investment State, Tan K. B. Eugene Feb 2014

The Makings Of A Social Investment State, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law and NMP Eugene Tan opined that the Budget was an economic, political and social instrument, and not just a fiscal policy instrument. He said that key economic themes persisted in Budget 2014: productivity, restructuring, reducing reliance on foreign labour and long-term planning. He highlighted that the Budget was dominated by social themes, as it exuded inclusiveness, equity and gratitude. The Government’s expansion of schemes to reduce the income gap and improve social mobility was actually a move to make up for its lack of investments in the social sector in past years, …


Overcoming Fear Of The ‘Other’, Tan K. B. Eugene Oct 2013

Overcoming Fear Of The ‘Other’, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary about the political and economic changes in Myanmar, SMU Associate Professor of Law and NMP Eugene Tan opined that deep-seated sectarian conflict could prove to be the Achilles heel of Myanmar’s reforms. He noted that the mere introduction of democracy anywhere will not miraculously transform voters into fair-minded citizens and that democracy requires the rule of law, a minimal level of education and political maturity, or it would degenerate into the tyranny of majority rule where might is right. Associate Prof Tan said that Myanmar must guard against this tendency and embrace the rich diversity in its …


Why It’S A High-Speed Game Changer, Tan K. B. Eugene Feb 2013

Why It’S A High-Speed Game Changer, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

SMU Assistant Professor of Law Eugene Tan said that the agreement to build a high-speed rail (HSR) link between Kuala Lumpur and Singapore marks a milestone in bilateral relations. He noted that the HSR project is a manifestation of the imperative for Singapore and Malaysia to collaborate closely, leveraging on each other’s complementarities and strengths. Ideally, the HSR link would have a knock-on effect in engendering confidence and momentum in bilateral ties. In the meantime, with the HSR in the making, both governments should work resolutely on other existing plans, such as the Rapid Transit System (RTS) link between Singapore …


A Tilt In Favour Of The Older Generation, Less Fortunate, Tan K. B. Eugene Feb 2012

A Tilt In Favour Of The Older Generation, Less Fortunate, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

Assistant Professor of Law Eugene Tan writes that although there are generally no significant handouts, offsets or goodies, Budget 2012 addresses some of the key genuine concerns of Singaporeans during the May 2011 General Election. It is also expected to generate a surplus of S$1.3 billion at a time when many advanced economies are in recession and with significant deficits.


The Singapore Town-Hall Meeting, Tan K. B. Eugene Aug 2011

The Singapore Town-Hall Meeting, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

Professor Eugene Tan forecasts what the Prime Minister might say in his National Day Rally speech. He predicts it will touch on the ecomomy, Presidential election and social cohesion, among other issues.


To Build A Nation From The Bottom Up, Tan K. B. Eugene Aug 2010

To Build A Nation From The Bottom Up, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

After 45 years of economic achievement, genuine political participation has to be the next stage


Managing Female Foreign Domestic Workers In Singapore: Economic Pragmatism, Coercive Legal Regulation, Or Human Rights, Eugene K. B. Tan Jan 2010

Managing Female Foreign Domestic Workers In Singapore: Economic Pragmatism, Coercive Legal Regulation, Or Human Rights, Eugene K. B. Tan

Research Collection Yong Pung How School Of Law

Singapore's immigration discourse is deeply influenced by its need to “right-size” its population. As a society that has and remains in need of immigration, contemporary immigration and globalization have rigorously challenged the conventional thinking and understanding of citizenship, as well as notions of who belongs and who does not. Nevertheless, international marriages and pervasive in-and out-migration for purposes of employment, study, and family, conspire to make more pronounced the decoupling of citizenship and residence in Singapore. This transnational dimension sits uncomfortably with the policy makers' desire for, and the imperatives of, state sovereignty, control, and jurisdiction.Although one quarter of people …


Tobacco Control And The Role Of Litigation: A Survey Of Issues In Law, Policy, And Economics, Basil C. Bitas, Pedro B. Barros Jan 2008

Tobacco Control And The Role Of Litigation: A Survey Of Issues In Law, Policy, And Economics, Basil C. Bitas, Pedro B. Barros

Research Collection Yong Pung How School Of Law

No abstract provided.