The study aims at finding an explanation to the economic development of Southeast Asia. To achieve this end, Indonesia, Malaysia, Thailand and the Philippines have been chosen as the foci of the study. To explain the region's recent success, the study is guided by the hypothesis that overseas Chinese entrepreneurship, exercised by a group belonging to a discriminated ethnic minority, is an indispensable component of the capitalist development of Southeast Asia. Overseas Chinese businesses dominate nearly all branches of the economy of their respective countries of residence. On a regional scale, they are acknowledged to control two-thirds of the region's retail trade. The hypothesis of the study is validated by the empirical findings. Furthermore, the study has arrived at the conclusion that Southeast Asia is host to a type of entrepreneurship - Overseas Chinese entrepreneurship - that evolved and developed throughout the centuries and proven for its resiliency and risk-taking abilities. It did not create the boom in the region, however. Liberal government policies, the inflow of huge foreign capital, and the availability of cheap and skilled labor among the indigenous population are among the more crucial factors that facilitated this transformation.

An ethnic minority subjected to varying forms and degrees of discrimination, the Overseas Chinese in Southeast Asia, with its distinct type of ethnic entrepreneurship, are an indispensable component of the region's capitalist development. Constituting almost one third of the population in Malaysia, a tiny 10% in Thailand, and merely 3% and 2% in Indonesia and the Philippines respectively, Overseas Chinese enterprises dominate nearly all branches of the economy of their respective countries of residence. Certainly Overseas Chinese enterprises were dealt a severe blow from the economic crisis that swept the region in the late 1990s. However, with their proven abilities to tap needed capital coupled with their enviable reservoir of entrepreneurial know-how, as this book clearly documents, the Overseas Chinese have undoubtedly an indispensable role to play in the region's economic recovery.

This collection examines the historically and geographically specific form of economic organization of the overseas Chinese in Southeast Asia and how it has adapted to the different historical and socio-political contexts of Southeast Asian countries. Moving beyond cultural explanations and traits to focus on the process of evolution and dynamism of situated practices, it argues that Chinese Capitalism is rapidly becoming a form of ‘hybrid capitalism’ and embodies the interdependent of culturally and institutionally specific dynamics at local and regional level, evolving and adapting to different institutional contexts and politico-economic conditions in the host Asian economies. This text also explores the social organization and political economy of the so-called overseas Chinese by examining the changing dynamism of Chinese capitalism in relation to forces of globalization. Focusing on key actors, primarily Chinese entrepreneurs in their business practices, and situated practices as well as cultural, political, social and economic factors under globalizing conditions, it provides providing a broad understanding without fixating or homogenizing Chinese capitalism, contributing to the understanding of the contexts that give rise to the emergence and transformation of Chinese Capitalism in Southeast Asia.

The Chinese in Southeast Asia, with their growing economic clout, have been attracting attention from politicians, scholars and observers in recent decades. The rise of China as a global economic power and its profound influence over Southeast Asia has cast a spotlight on the role of Southeast Asian Chinese in the region''s economic relations with China.The Southeast Asian Chinese as an economic force and their growing importance with China are, to a certain extent, determined by the nature and development of their communities. This book uses a multifaceted approach to unravel the forces that helped to transform the communities in the past. Containing 17 papers written within a span of six and a half years, from 2000 to 2006, the book focuses on the social, economic and political aspects of these communities, with special emphasis on the Chinese in Malaysia and Singapore.

Inspired by Max Weber’s thesis on the Protestant ethic, ‘Overseas Chinese Christian Entrepreneurs in Modern China’ sets out to understand the role and influence of Christianity on Overseas Chinese businesspeople working in contemporary China. Through its in-depth interviews and participant observations (involving 60 Overseas Chinese entrepreneurs from Hong Kong, Taiwan, Southeast Asia and the United States), the text discusses how Christianity has come to fulfill an increasingly visible and dynamic function in the country, most notably as a new source of business morality.

This book examines the contribution of Chinese entrepreneurs in Southeast Asia to China's early modernization.

Ethnic Chinese in Southeast Asia, like Jews in Central Europe until the Holocaust, have been remarkably successful as an entrepreneurial and professional minority. Whole regimes have sometimes relied on the financial underpinnings of Chinese business to maintain themselves in power, and recently Chinese businesses have led the drive to economic modernization in Southeast Asia. But at the same time, they remain, as the Jews were, the quintessential “outsiders.” In some Southeast Asian countries they are targets of majority nationalist prejudices and suffer from discrimination, even when they are formally integrated into the nation.

This book provides an original analysis of the economic success of Overseas Chinese merchants in Southeast Asia: The ethnically homogeneous group of Chinese middlemen is an informal, low-cost organization for the provision of club goods, e.g. contract enforcement, that are essential to merchants’ success. The author’s theory - and various extensions, with emphasis on kinship and other trust relationships - draws on economics and the other social sciences, and beyond to evolutionary biology. Empirical material from her fieldwork forms the basis for developing her unique, integrative and transdisciplinary theoretical framework, with important policy implications for understanding ethnic conflict in multiethnic societies where minority groups dominate merchant roles.

The disintegration of Indonesia's New Order regime in 1998 and the fall of Soeharto put an end to the crude forms of centralised authoritarianism and economic protectionism that allowed large Chinese conglomerates to dom- inate Indonesia's private sector. Contrary to all expectations, most of the major capitalist groups, though damaged considerably by the Asian Crisis, managed to cope with the ensuing monumental political and economic changes, and now thrive again albeit within a new democratic environment. In this book Christian Chua assesses the state of capital before, during, and after the financial and political crisis of 1997/1998 and analyses the changing relationships between business and the state in Indonesia. Using a distinct perspective that combines cultural and structural approaches on Chinese big business with exclusive material derived from interviews with some of Indonesia’s major business leaders, Chua identifies the strategies employed by tycoons to adapt their corporations to the post-authoritarian regime and provides a unique insight into how state-business relationships in Indonesia have evolved since the crisis. Chinese Big Business in Indonesia is the first major analysis of capital in Indonesia since the fall of Soeharto, and will be of interest to graduate students and scholars of political economy, political sociology, economics and business administration as well as to practitioners having to do with Southeast Asian business and politics.