Asian Business Environments
Dr. Markus Taussig, NUS Business School
Friday, February 13 (Week 5)
1
This Week
Housekeeping, Preclass assessment
Quick review of last week (politics)
This week: culture
✓country to firm view transition
✓mini case on K-Pop
2
Housekeeping
Need to make past assessment questions available to you
No class next week
Next week’s pre-class assessment will be early No class the following week either!
3
Pre-Class
Assessment
QUESTION
ANSWER
SHARE
CORRECT
1
A
99%
2
TRUE
70%
3
B
98%
4
B
89%
5
D
93%
6
D
94%
7
C
97%
8
D
65%
57%
9
C
10
FALSE
75%
11
C
94%
12
C
93%
13
D
82%
14
B
86%
15
OPINION
—
16
OPINION
—
17
OPINION
—
18
OPINION
—
19
OPINION
—
20
OPINION
—
4
Mini-Review:
Politics &
Economic
Growth
A Quick Review
5
Asian Regimes &
Institutions at a Glance
6
Thai Case Study:
Biased Health Spending
Pre-1997 Health Policy
✓oversupply of infrastructure very low bed occupancy rate
✓undersupply of insurance, services
Why is this so?
✓electoral system incentivized personal vote over party vote
e.g. weak parties, party switching
✓infrastructure = “targetable, manipulatable, palpable, attributable”
7
Thai Case Study:
“30 baht” Solution
The “30 baht” health care scheme uninsured went from 54.5% (1996) to 5% (2002) effective increase in rural income of
5-10%
8
Coup against Thaksin &
2007 Constitutional Change
Anti-party switching restrictions eased
Term limits for prime minister
Thaksin’s party wins next election in 2011
Parties
Pheu,Thai
Democrat
Bhumjaithai
Chartthaipattana
Chart,Pattana,
Puea,Pandin
Phalang,Chon
Rak,Thailand
Matubhum
Rak,Santi
Mahachon
New,Democracy
Other,Parties
Valid.Votes
Constituency
Votes
% Seats
204
115
29
15
Proportional
Votes
% Seats
15,744,190 48.41 61
11,433,762 35.15 44
1,281,577 3.94
5
906,656
2.79
4
TOTAL
Seats
%
265
53.00%
159
31.80%
34
6.80%
19
3.80%
5
494,894
1.52
2
7
6
0
1
0
0
0
0
178,110
998,603
251,702
284,132