Post Award Interest In The Asia Pacific

The Yukos Awards are among some of the most widely discussed awards in international arbitration. A remarkable point that does not receive the “interest” it deserves is the fact that post-award interest has added USD 7 billion to the awarded value—making a considerable impact on arguably the biggest case to be handled via international arbitration. Even though post-award interest can have very serious economic consequences, most attention in academic literature to the question of interest is limited to pre-award interest, where the discussion revolves around formulaic approaches towards ensuring that pre-award interest is accounted for in claims for compensation. Post-award interest is either ignored completely or when discussed, there is not enough appreciation of the complex questions (in terms of conflict of law, specific jurisdictional issues, among others) that are central to any reasonable discussion of post-award interest. Responding to the dearth of attention paid to this very serious but often overlooked area, this text provides an in-depth analysis of the subject ensuring comprehensive coverage of all relevant issues in major Asian Pacific and Middle Eastern jurisdictions—arguably the fastest-growing economic regions in the world. The book is structured in a manner where a leading lawyer from a jurisdiction has contributed a chapter providing analysis on all possible questions that a reader may have in relation to post-award interest. The eighteen jurisdictions that have been covered are: Australia, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Pakistan, People’s Republic of China, the Philippines, the Republic of Korea, Singapore, Taiwan, Thailand, Qatar, United Arab Emirates, and Vietnam. Each chapter provides an in-depth analysis of the law on post-award interest, including questions of private international law while simultaneously providing practical guidance on the following questions: power to award post-award interest; determination of applicable rate; procedural questions; public policy issues; and role of national courts. The text is structured in an easy-to-use manner, with each author responding to the same set of questions, making comparative research across jurisdictions very easy and efficient. Parties and counsel involved in arbitral proceedings with a nexus to the jurisdictions covered in this book will find the insights provided valuable and, unquestionably, so will arbitral tribunals. From an academic perspective, this publication is sure to lead to further debate on the topic. Policymakers may also take inspiration from comparing the approach taken in other jurisdictions on matters of post-award interest when refining the legal framework in their home jurisdictions. This book will hopefully contribute to the ongoing efforts to bring about consistency and predictability in the manner in which tribunals deal with damages in general, and post-award interest in particular.

This collection offers insights of the international humanitarian system, considering what constitutes humanitarianism in Asia-Pacific, and how it shapes policy and practice in the region and globally. It adds to the conversation on reforming the global humanitarian system by providing the space to share perspectives on humanitarian action from our place in the world. The authors answer these questions by focusing on a range of issues from national to sectoral perspectives to relations between ‘traditional’ and ‘emerging’ players, concluding that the dynamics of the humanitarian system from the perspectives of the Asia-Pacific are rooted in their localized experiences and built outwards. The first significant trend is that understandings of humanitarianism in the Asia-Pacific are primarily shaped by the experience of disasters at home. Second, national governments play a dominant role in humanitarian affairs in the region. Finally, the humanitarian landscape in the Asia-Pacific constitutes a diverse yet under-appreciated set of actors. This book is based on the RSIS Conference on Asia and the Humanitarian World held in 2019 in Singapore. It is relevant to students, scholars, practitioners and policymakers with an interest in humanitarian assistance, disaster management, strategic studies and international relations in Asia-Pacific.

The biennial Digital Review of Asia Pacific is a comprehensive guide to the state-of-practice and trends in information and communication technologies for development (ICT4D) in Asia PacificThis third edition (2007-2008) covers 31 countries and economies, including North Korea for the first time. Each country chapter presents key ICT policies, applications and initiatives for national development. In addition, five thematic chapters provide a synthesis of some of the key issues in ICT4D in the region, including mobile and wireless technologies, risk communication, intellectual property regimes and localization.The authors are drawn from government, academe, industry and civil society, providing a broad perspective on the use of ICTs for human development.

Youth, Media and Culture in the Asia Pacific Region presents an analysis of youth media activities in a diverse, but geographically connected Asia Pacific region. The region, which is spatially connected by its colonial and imperial past, is becoming a significant player in the globalized world. In this context, youth situated in these economically, politically and socially structured communities are redefining their locales through their patterns of media use. The discourse of ‘youth’ in this disparate region is manifest in the media through their identity articulations and social activism. The book illustrates that these ‘youth subcultures’ in the Asia Pacific are part of the well marketed global consumerism culture, and yet at other times independent of the commodifying impetus of global capital. It draws on case studies to examine some of the media practices youth in the region are engaged in and elucidates the process of social change taking place in some Asia Pacific nations. 'This book contributes to the important and growing field of youth media studies. The regionalization of media research is necessarily recuperated here, bringing large populations of media users into a frame of reference that allows critical reflection on the new waves of use and sociality in the Asia Pacific region.' Stephanie Hemelryk Donald, Professor of International Studies, UTS

Corruption in public procurement has become a major issue in the Asia-Pacific region as elsewhere in the world. As a result of corruption, private mansions are being built instead of bridges; swimming pools are dug instead of irrigation systems ...

This book offers an analysis of the four central regional security themes relevant to the policy-focussed discussions at the annual IISS Shangri-La Dialogue. Namely: The evolving roles of the United States and China in Asia-Pacific security; Responses by the US and regional states to regional security tensions, particularly in the South China Sea; Emerging security questions relating to nuclear weapons, missiles and military cyber capabilities; The prospects for regional security cooperation, including the challenges for the ASEAN-centred architecture.

When we look in detail at the various peripheral groups of disenfranchised people emerging from the aftermath of the Asia–Pacific War the list is startling: Koreans in Japan (migrants or forced labourers), Burakumin, Hibakusha, Okinawans, Asian minorities, comfort women and many others. Many of these groups have been discussed in a large corpus of what we may call ‘disenfranchised literature’, and the research presented in this book intends to add an additional and particularly controversial example to the long list of the voice- and powerless. The presence of members of what is known as the yakeato sedai or the generation of people who experienced the fire-bombings of the Asia–Pacific War is conspicuous in all areas of contemporary Japan. From literature to the visual arts, from music to theatre, from architecture to politics, their influence and in many cases guiding principles is evident everywhere and in many cases forms the keystone of modern Japanese society and culture. The contributors to this book explore the impact of the yakeato generation - and their literary, creative and cultural and works - on the postwar period by drawing out the importance of the legacy of those people who truly survived the darkest hour of the twentieth century and re-evaluate the ramifications of their experiences in contemporary Japanese society and culture. As such this book will be of huge interest to those studying Japanese history, literature, poetry and cultural studies.

The book offers a study of a fascinating political personality, that of Japanese prime minister Abe Shinzôō (2012-2020). Abe's political career was boosted by his predecessor Koizumi Jun.ichirōô and he seemed extremely promising at 51 when he rose to become the youngest Cabinet Secretariat chief, however once in power in 2007 he disappointed by resigning after only one year. Yet, he rose again in 2012 to become the longest-serving prime minister of Japan's history since the end of the Meiji Era (1868-1912), when Japan went through a radical process of modernisation and westernisation, becoming a major military and imperialist power in the process. The book seeks to answer three questions. How could Abe Shinzô remain in power for nearly a decade in a country where prime ministers usually have much shorter terms, in some cases of only one year? He remained in power in spite of the fact that he sought to conduct massive reforms. What was the policy mix devised to keep voters happy, while promoting structural reforms and growth? He was in power for almost ten years. What is his legacy: what remains of his tenure as chief executive?