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Asian Godfathers

Money and Power in Hong Kong and Southeast Asia
in: Economics
Summary:

The book examines the lives and business practices of wealthy tycoons in Hong Kong and Southeast Asia, revealing how they have amassed their fortunes and maintained their power through political connections, family ties, and a complex web of patronage. It provides an in-depth analysis of the economic and social structures that have allowed these individuals to thrive in a region characterized by a mix of free-market capitalism and cronyism.

Key points:

1. Personal Networks' Importance: "Asian Godfathers" highlights how crucial personal relationships (guanxi) are for business success in Hong Kong and Southeast Asia, with tycoons using their connections to secure deals and maintain power.

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