Governance and Law

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The formation of the Organisation of African Unity (OAU) was crucial in promoting the region's unity and solving shared problems.

While Africa's economic reforms have facilitated growth, achieving sustainable development will require continued efforts.

Africa is diverse, so there is no single one-size-fits-all solution for its challenges. But together, African countries can overcome them.

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Nigeria (1999 - 2017)

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President

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Mr Olusegun Obasanjo

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While the ongoing democratic consolidation in Africa has termed the incidence of war 'a phenomenon’, it also heightened awareness about the importance of equitable inclusion, fairness, justice, youth, employment, and signalled the strategic equality of education.

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https://www.youtube.com/watch?v=9_sFLEs8ICs

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Nigeria (1999 - 2017)

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President

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Mr Olusegun Obasanjo

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Experiences From 10 Years of Presidency

occm_vendor_1 — Mon, 16 Oct 2023 03:21:44 +0000

Experiences From 10 Years of Presidency occm_vendor_1 Mon, 10/16/2023 - 03:21

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Date and time start

Mon, 03/21/2016 - 14:30

Event Details

Country

Singapore

Event Address

SMU Mochtar Riady Auditorium

Event Date

21 March 2016

Event Description

Prof Dr Susilo Bambang Yudhoyono is the sixth President of the Republic of Indonesia and the first directly elected President in the country's democratic era. During his presidency, Dr Yudhoyono orchestrated what the World Economic Forum called "Indonesia's golden decade" from 2004 to 2014, which saw democratic development, political stability, robust economic expansion, conflict resolution and a strong international presence.

Under his guidance, the nation gained regional power and secured membership in the G20, and he assumed pivotal responsibilities in areas such as climate change adaptation and global geopolitics. Dr Yudhoyono shared his insights and experiences from his presidency and the challenges he had to overcome while governing Indonesia. The lecture was followed by a lively question-and-answer session.

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2.30pm - 3.30pm

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https://www.facebook.com/media/set/?set=a.1337376542955538.1073741880.180428105317060&type=3

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Republic of Indonesia (2004 - 2014)

Author Designation

6th President

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Dr Susilo Bambang Yudhoyono

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On the importance of integrity in leadership

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Leadership and management skills will shape your integrity, which is crucial to get your people to believe in you and to buy into the journey you are taking them on.

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Adaptability is key in a changing world. Anti-corruption efforts are essential for an open, tolerant, modern and democratic Indonesia.

Collaboration and global cooperation are central to forming security solutions, as demonstrated by the stronger cooperation between Indonesia-Singapore.

Economic growth, social inclusion and environmental protection are three pillars of a greener economy that states should adopt.

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Republic of Indonesia (2004 - 2014)

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6th President

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Dr Susilo Bambang Yudhoyono

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There are three pillars of a greener economy: growth, social inclusion and environmental protection. I believe that all governments, presidents and prime ministers must really understand the importance of these three things, and adapt and apply them in their national agenda and policies.

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https://www.youtube.com/watch?v=jtRTTKTtRxA

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Republic of Indonesia (2004 - 2014)

Speaker Designation

6th President

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Professor Dr Susilo Bambang Yudhoyono

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The European Economy

occm_vendor_1 — Mon, 16 Oct 2023 03:14:00 +0000

The European Economy occm_vendor_1 Mon, 10/16/2023 - 03:14

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Emerging Markets

Agenda

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Date and time start

Mon, 11/17/2014 - 15:30

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Country

Singapore

Event Address

SMU Mochtar Riady Auditorium

Event Date

17 November 2014

Event Description

Looking ahead five years from the extensive losses incurred during the global financial crisis, the European economy found itself grappling with high youth unemployment and a decline in business confidence. At the heart of the European Council's priorities was the essential task of rejuvenating the European economy. Simultaneously, the G20 took proactive measures aimed at addressing the challenge of global growth, driven by a resolute commitment to effective solutions.

H.E. Herman Van Rompuy, who served as the inaugural full-time President of the European Council, played a pivotal role in guiding discussions on political strategies and bailout programmes during this tumultuous period. He discussed Europe's strategies for navigating the complexities of the financial landscape, the profound impact that the European economy exerted on Asia, and critical moments that unfolded during his tenure as President. He emphasised the need for concrete decision-making when solving global issues.

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3.30pm - 5.00pm

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President of the European Council

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H.E Herman Van Rompuy

Quotable Title

On the road to recovery

Quote

When you look back at these five years, there were defining moments or moments where we thought "It's going the wrong way". But we've been able to find the right way and have moments where we said "We really made a breakthrough".

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Europe needs to focus on growth and jobs, address its people's concerns, overcome immigration challenges and manage populist rhetoric.

The European Council's dedication to reviving the economy highlights its unwavering commitment to post-crisis challenges.

The G20's proactive actions address global growth, showing collective determination to navigate economic uncertainties ambitiously.

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President of the European Council

Name

H.E. Herman Van Rompuy

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The G20 meeting is not only important for the meeting itself but for the bilateral meetings that happened. I think it is the first time in human history that, on a regular basis, leaders all over the globe meet each other and try to find a common stance.

Video URL

http://youtu.be/XG76lwer360

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President of the European Council

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H.E. Herman Van Rompuy

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Investing in Europe - The Way Forward

occm_vendor_1 — Fri, 13 Oct 2023 07:13:30 +0000

Investing in Europe - The Way Forward occm_vendor_1 Fri, 10/13/2023 - 07:13

Agenda

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Date and time start

Fri, 09/25/2015 - 11:15

Event Details

Country

Singapore

Event Address

SMU Mochtar Riady Auditorium

Event Date

25 September 2015

Event Description

Europe was recovering from one of the worst financial and economic crisis in recent years. Many of the Eurozone nations that looked down and out were now roaring back to health, and the economy was growing across the continent. However, the crisis had taken its toll and the legacy of the crisis will continue to be felt for years to come. Youth unemployment reached a record high with a staggering 6 million job losses during the crisis. There was also a sharp drop in investment across Europe.

In his time as Vice-President for Jobs, Growth, Investment and Competitiveness of the European Commission, Jyrki Katainen was tasked to deliver the new jobs, growth and investment plan to enhance the EU Single Market in all its key areas. In this lecture, he shared how this new investment plan for Europe could add up to €440 billion to the EU’s GDP, creating over a million new jobs in the coming years.

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11.15am - 12.15pm

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Finland (2011 - 2014)

Author Designation

Vice-President of the European Commission and Prime Minister

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Author Name

Mr Jyrki Katainen

Quotable Title

On economic integration in Europe

Quote

In Europe, we like to think we know something about what a challenge is representing. By creating the world's largest single market we have gained a lot of experience on rules-based integration.

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The EU's fund for strategic investment, new project portal and promising plans for its single market make Europe a hotbed for investors.

Singapore is the EU's most important economic partner within ASEAN, channelling 60 cents of every Euro invested in the region.

While bilateral trade agreements between individual ASEAN and EU countries show promise, hope for an ASEAN-EU free trade agreement remains.

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Finland (2011 - 2014)

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Vice-President of the European Commission and Prime Minister

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Mr Jyrki Katainen

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And just to put this in perspective, the stock of European investment in Singapore is greater than that of the United States, Japan and China combined. It is clearly therefore in the EU's strategic interest to strengthen its relationship with ASEAN.

Video URL

https://www.youtube.com/watch?v=582QXYAxef4

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Finland (2011 - 2014)

Speaker Designation

Vice-President of the European Commission and Prime Minister

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Mr Jyrki Katainen

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Capitalism, Externalities and Social Institutions

occm_vendor_1 — Fri, 13 Oct 2023 06:54:41 +0000

Capitalism, Externalities and Social Institutions occm_vendor_1 Fri, 10/13/2023 - 06:54

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Urban Economics

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Date and time start

Fri, 11/27/2015 - 17:30

Event Details

Country

Singapore

Event Address

SMU Admin Function Room

Event Date

27 November 2015

Event Description

According to capitalist thinking, the main aim of corporations is to maximise profits. In the case of agricultural production, environmental damage arising from a corporation's operations in a forest is borne by innocent third parties. An example of this issue is the prolonged transboundary haze originating from Indonesia's peatland fires that had been affecting much of Southeast Asia resulting in high socio-economic costs for people who became ill due to the air pollution, absenteeism from work, the closure of schools and cancellation of outdoor events, among others. Despite international assistance to help fight the fires, the fires - and the haze - persisted.

Are corporations responsible for peatland fires that lead to poor air quality making profits at the expense of people’s health? To what extent do they have to be responsible for their actions? In this lecture, Craig Calhoun, former Director of the London School of Economics and Political Science (LSE), discussed the interlinked relationship between capitalism and the costs to society as a whole.

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5.30pm - 7.00pm

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London School of Economics and Political Science (LSE)

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Director and President

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Craig Calhoun

Quotable Title

On the tension between capitalism and the state

Quote

A byproduct of capitalist success has been to undermine state capacity. This has been true, particularly in Western liberal capitalist countries. This is not the same story in Singapore. It is not the same story everywhere, and that's actually an important part of what I want to get at.

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Capital investment decisions are not just made by markets, but also by the State and other organisations. Redeployment is key in capitalism.

Capitalism-driven growth can be a destabilising factor, as seen in the replacement of jobs by technology and externalities like pollution.

Capitalism should be viewed as a political-economic system that relies on the State to stabilise the context of capitalist work.

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London School of Economics and Political Science (LSE)

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Director and President

Name

Craig Calhoun

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Undermining state capacity should not be seen as a liberation for capitalism, even though some capitalists think that way. It's potentially a threat. States still matter. States are the primary means for dealing with the problem of externalities. Capitalism depends on externalising some costs.

Video URL

https://www.youtube.com/watch?v=L9rvMDqM0UI

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Speaker Company

London School of Economics and Political Science (LSE)

Speaker Designation

Director and President

Speaker Name

Professor Craig Calhoun

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Indonesia: Resilience and Going Beyond the New Normal

occm_vendor_1 — Fri, 13 Oct 2023 04:13:34 +0000

Indonesia: Resilience and Going Beyond the New Normal occm_vendor_1 Fri, 10/13/2023 - 04:13

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Urban Economics

Agenda

Event Item

Date and time start

Thu, 02/05/2015 - 17:00

Event Details

Country

Singapore

Event Address

SMU Mochtar Riady Auditorium

Event Date

5 February 2015

Event Description

As it emerged relatively unscathed from the 2008 global financial crisis relatively unscathed, Indonesia showed the world their economic resilience and posted steady annual growth despite fluctuations and volatility. The government hoped that domestic consumption growth fuelled by the growing middle class, investment, strong ties with regional trade partners as well as tremendous growth in regional trade flow will be some of the key drivers behind Indonesia’s growth.

As the world’s economic centre of gravity moves towards Asia, how will this impact Indonesia's growth? Professor Mari Pangestu, one of Indonesia’s leading economists, regional thought leader and experienced policy maker, discussed these issues and more.

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Republic of Indonesia

Author Designation

Minister of Trade (2004 - 2011), Minister of Tourism and Creative Economy (2011 - 2014)

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Author Name

Mari Pangestu

Quotable Title

On the challenge of implementing reforms

Quote

There's no magic bullet. You need political will and commitment on a sustained basis. You need ownership within the relevant government bodies and the business sector. Timing is very important when you do reforms. You can't do it all at once, so you've got to pick the quick wins to get buy-in.

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Asia Unwrapped

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The 2008 financial crisis led to a multipolar world whereby emerging economies play a greater role economically and on the global stage

Infrastructure de-bottlenecking, improved logistics, distribution and investment are key strategies for growth.

In the face of external challenges, Indonesia's response and domestic changes will shape its competitiveness.

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Growth in Asia

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Republic of Indonesia

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Minister of Trade (2004 - 2011), Minister of Tourism and Creative Economy (2011 - 2014)

Name

Mari Pangestu

Quote

This is conventional wisdom - the locomotive of growth will continue to be trade and investment flows. After all, trade is a costless stimulus. There will be a lot of opportunities in trade and investment for countries like Indonesia.

Video URL

https://www.youtube.com/watch?v=MZdh8da0mIA

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Speaker Company

Republic of Indonesia

Speaker Designation

Minister of Trade (2004 - 2011), Minister of Tourism and Creative Economy (2011 - 2014)

Speaker Name

Professor Mari Pangestu

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Political Order

occm_vendor_1 — Wed, 11 Oct 2023 04:39:51 +0000

Political Order occm_vendor_1 Wed, 10/11/2023 - 04:39

Date and time start

Tue, 02/18/2014 - 17:00

Event Details

Country

Singapore

Event Address

SMU Mochtar Riady Auditorium

Event Date

18 February 2014

Event Description

Political order rests on a delicate equilibrium involving three distinct sets of institutions. First, the state wields and concentrates power, shaping the course of governance. Second, the rule of law acts as a restraint, imposing limits on state authority through transparent regulations. Lastly, democratic accountability ensures that governments remain responsive to the broader community's needs.

Dr Francis Fukuyama shared his insights into these multifaceted issues. Drawing inspiration from his book "The Origins of Political Order: From Prehuman Times to the French Revolution", he gave an overview of the emergence of these three institutions across various regions, including China and the Western world. He delved into their historical development and discussed the far-reaching implications of their development on global politics.

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5.00pm - 6.30pm

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https://www.facebook.com/media/set/?set=a.818547398171791.1073741838.180428105317060&type=3

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Author Company

Stanford University

Author Designation

Olivier Nomellini Senior Fellow, Freeman Spogli Institute for International Studies (FSI)

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Author Name

Dr Francis Fukuyama

Quotable Title

On the development of political order

Quote

Political institutions don't just evolve and modernise and move in a single, forward, progressive direction. They can also go backwards.

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Tech and Society

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The balance between the state, the rule of law, and democratic accountability is the foundation of a stable political order.

The historical development of these three institutions across different regions provides insight into the diverse paths of political order.

Understanding the historical trends of these institutions can inform present-day discussions on governance and democracy.

Main Pillar

Growth in Asia

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