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  • Author: Yanfei Li, Shigeru Kimura
  • Publication Date: 12-2016
  • Content Type: Research Paper
  • Institution: Economic Research Institute for ASEAN and East Asia (ERIA)
  • Abstract: The research is divided into four interdependent research clusters. Clusters 1 and 2 apply case studies on the BIMP countries (Brunei-Indonesia-Malaysia-Philippines) using different methods. Cluster 1, led by the Institute of Energy Economics, Japan, conducts dynamic linear programming model to simulate the development of power infrastructure, interconnection, and exchange of power in this subregion of ASEAN. It emphasises the economic rationale and feasibility of electricity market integration in the region. Cluster 2, led by the Brunei National Energy Research Institute, focuses on the regulatory, institutional, and technical barriers in BIMP, and develops a road map to solve these issues. This study thus gives some insight regarding regional specific barriers or issues for other regions based on an established understanding of the common issues in principle from previous studies. Cluster 3 is conducted jointly by the Economic Research Institute for ASEAN and East Asia and the Energy Research Institute at Nanyang Technological University. The study mainly refers to the Nordic and European cases of electricity market integration and analyses both their business models and overall market design for grid interconnection and cross-border trading of electricity. In doing so, the study eventually tries to deliver implications on the possible business model and market design for ASEAN. The Cluster 4 study, carried out by a researcher from the University of Western Australia, discusses political and institutional barriers to the formation of an integrated ASEAN electricity market and derives several practical strategies in addressing such barriers as policy implications.
  • Topic: Economics, International Trade and Finance, Business
  • Political Geography: Southeast Asia
  • Author: Rajni Bakshi
  • Publication Date: 09-2016
  • Content Type: Research Paper
  • Institution: Gateway House: Indian Council on Global Relation
  • Abstract: Economic reforms in India have often arrayed proponents of market-led growth against human rights advocates anxious that markets give primacy to profits over people. A quarter century after the reform process was initiated in the early 1990s, this conflict has sharpened. At the same time, this narrative of polarised positions seems increasingly worn out. Business and society at large have always been intricately co-dependent. This interface is now taking many new forms across the world, with some entrepreneurs seeing profit as a means, rather than the end goal of business. This paper explores these questions. It reviews if and how trusteeship can be a lodestar for globally navigating businesses and public policies through a period of technology- driven disruptions and the uncertainties unleashed by climate change. Trusteeship is a frame of reference on which a wide variety of business models can be based. The emphasis is on transforming rather than demolishing the capitalist system. In essence, Gandhian trusteeship reposes faith in the capacity of individuals and entire classes to re-form themselves, on the premise that the capacity to seek redemption is intrinsic to human nature. There was logic rather than dreamy wishful thinking behind these claims. Gandhi believed that it is a fearful man who tyrannises others or attempts to accumulate wealth by force or by unfair means. By contrast, a voluntary adoption of trusteeship means respect for human dignity, fostering relations based on truth and shared goals. Thus, Gandhi urged labourers to approach employers from a position of strength and self-respect since labour is as vital a component of production as capital, land, and technology. In a time mired by corruption and competitive greed, trusteeship may at first glance seem like a pipe-dream. Can this closer examination perhaps give you cause to rethink?
  • Topic: Development, Economics, Reform, Employment
  • Political Geography: India
  • Author: Rajni Bakshi
  • Publication Date: 09-2016
  • Content Type: Research Paper
  • Institution: Gateway House: Indian Council on Global Relation
  • Abstract: Degrowth as a creative goal does not sit well in most societies today. But water is a key to fostering new imaginaries because it most starkly manifests the risk of forced and chaotic degrowth-as-collapse. By 2040 an estimated 33 countries, including USA, China and India, will face severe water scarcity. India had a rich heritage of elaborate traditional technologies and modes of social organisation that ensured adequate and reliable supply of water even in arid regions. Many of these old community-based systems of watershed management and storage withered away as water was transformed from a sacred gift to just a ‘resource’ that could be privatised and/or controlled by governments. Today while local water-shed management is supported by government policy this tends to be overwhelmed by large projects that add more directly to GDP growth. Nevertheless, over the last quarter of a century, a wide variety of civil society and academic interventions in India have attempted to revive, or document, the multi-dimensional wisdom on which pre- modern societies based their relationship to water.
  • Topic: Economics, Water, Climate Finance
  • Political Geography: India