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The Connections World: The Future of Asian Capitalism

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To enable you to bring your best selves to others as a leader, you need to look after your wellbeing and protect your own ROEI (Return on energy investment). As we celebrate togetherness, after a period where isolation was a sad but necessary reality, ‘Connections’ is an apt theme for British Science Week 2023. Figure out your attachment style: If you have commitment, trust, or attachment issues, you could significantly improve your relationships by understanding your attachment style and trying to develop a “secure” one. Then there are possible changes to how businesses are permitted to configure themselves, to reduce the number of levels permitted in business group pyramidical structures, as also their number of subsidiaries. In addition, policies to restrict cross-shareholdings and constrain the use of holding companies, have been adopted in some countries, such as South Korea, though as yet these measures have been relatively unsuccessful. An alternative approach, effectively introduced in Israel, has been simply to give business groups a limited time in which to reduce their pyramids to no more than two layers, while also banning large companies from controlling both financial and non-financial entities. Tax policy

One of the top priorities for leaders today must be to help promote and grow social connection for those they are leading. Connectedness not only has great benefits at an individual level, but also for teams and the wider organisation. Connection empowers innovation and creativity Close ties between the major business groups – such as South Korea’s chaebols or qiye jituan in China – and political elites are ubiquitous in Asia. The business groups tend to be family-owned, diversified and non-transparent in their operations. The business group format has some important advantages, such as helping with raising money for investment or developing a skilled managerial cadre. But it also facilitates opaque corporate governance, weak minority shareholder rights and a raft of undesirably close relationships with politicians.Compulsory asset and interest declarations also have a role to play. Although many Asian countries do notionally mandate such declarations, much depends on how such reporting is designed let alone implemented. Registers of interests – individual and familial – with differing degrees of intrusiveness can be used for parliamentarians and Ministers. Pushing for greater automatic disclosure along with easy and wide access to that information is crucial. That needs to be accompanied by parallel measures aimed at limiting corruption in public spending decisions, including contract assignment. At the same time, some countries have achieved traction by setting up dedicated anti-corruption agencies – for instance, Indonesia’s KPK – that are tasked with pursuing corrupt practices and have sufficient autonomy and political support to take on sensitive cases. The Connections World: The Future of Asian Capitalism. Simon Commander and Saul Estrin. Cambridge University Press. 2022. In our recent book, The Connections World: The Future of Asia, Cambridge University Press, 2022, we therefore argue that Asian governments need a new policy approach to drive future economic progress. What can be done to loosen the chokehold of the Connections World and bring about greater competition along with more entry and exit of companies? A starting point must be to lower the attraction of the business group format. Business groups are typically not a significant phenomenon in developed market economies and the main reason has been policies to prevent their operation.

We can find examples of connections within all subjects and all around us, making it an excellent starting point for a celeb ration of science! If you need an even bigger clue to figure out today's Connections puzzle, below we'll reveal the four correct Connections groups - the themes which link together each set of four words in the Connections grid. Manage cookie settings Looking for an alternative to Wordle? Here are eight of our favourite Wordle-likes to add to your morning puzzle routine. Watch on YouTube Connections words on Friday, October 27 Make ‘moments that matter’ in and outside of the office; meet in-person to co-create with others, encourage a sense of unity and collegiality through in-person connections. The one word that changed everything was " filioque", but we must make a trip to Constantinople, visit the Renaissance, meet Aldus Manutius of Venice, explore abbreviations, learn about Italic print, which resulted in an overload of books, requiring the development of a cataloguing system, which was complicated for those seeking education, where Komensky was innovating with pictorial textbooks. And that brings us to church intolerance, James Watt and the Industrial Revolution, cerium, the asteroid Ceres, Gauss's mathematics, and cultural anthropology.Community: Join a diverse group of individuals on a similar journey to connect, share, and learn together. The Connections World is a revealing account of the structures and strengths of Asia's politics and business networks in nurturing development and prosperity. It is also careful to highlight the model's flaws and shortcomings as Asia confronts some very familiar 21st century challenges.’ Players can also rearrange and shuffle the board to make spotting connections easier. Additionally, each group is color-coded with yellow being the easiest, followed by green, blue, and purple. Like Wordle, you can share the results with your friends on social media. Here's a hint for today's Connections categories

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