Securitising Singapore

Aljunied examines how the Singaporean government developed a comprehensive state–society strategic relationship by ‘securitising’ vital policy areas because of Singapore’s vulnerability as a global city state. In the twenty-first century, the Singaporean government has strategically renewed an existing form of authoritarian rule by ‘militarising’ national security governance. The main objective is to widen and deepen state power. Senior military-trained civilian political leaders and bureaucrats use military personnel, command and control, terminology and strategy of war to deal with non-traditional security challenges leading to the state’s further domination over civil liberty and civil society. Aljunied analyses the information and communication, health and climate–environment sectors. The case studies highlight the way the Singaporean government has used varying forms of political engagement, surveillance and legislation to limit civil liberty and inhibit the development of civil society. This book is a valuable resource for researchers and students of Singapore Studies as well as for the readers of Security Studies with an interest in the global–local nexus in a small state context. It is a pioneering scholarly study on the national security framework and the use of non-traditional security discourse to strengthen state power and social stability at the expense of political liberalism.

National Service (NS) is one of Singapore's foundational public policies. First implemented by the British in 1954, amended in 1967 to provide a means to defend a fledgling independent nation, and codified into its present form in 1970, NS is a key pillar of Singapore's defence. Its significance, however, goes beyond defence. With over 1 million male Singapore citizens and permanent residents having served NS, and consequently involving many more — family members, friends, employers and colleagues — in different ways, NS is deeply woven into Singapore's political and social fabric. This volume brings together a range of scholarly perspectives on NS which explore its past, present and future in four sections: The history of NS, NS in practice, debates on NS and an international perspective. Comprising chapters by individuals from varied backgrounds, National Service in Singapore offers a broad account of one of Singapore's oldest public policies.

"Singapore's Real Estate: 50 Years of Transformation documents the transformation and development of the real estate market in Singapore over the past 50 years. This volume is organised around two major themes, and covers issues from the "bricks and mortar" to the capital markets; and from local to international real estate markets. The themes aptly describe how real estate has played an important role in the economic development and growth of Singapore from a third world to a first world country. Written by well-renowned experts with deep academic and practical knowledge of the progress of real estate in Singapore, this book highlights the uniqueness of real estate markets and institutions in Singapore, which have constantly been replicated and adopted in other markets."--Provided by publisher.

"This is an essential book for any practitioner, researcher or student of securitisation - concise and accurate coverage of the key aspects of securitisation on all the main and secondary markets of the world." ?Alexander Batchvarov, Managing Director, International Structured Product Strategy, Merrill Lynch, London. "John Deacon's original book became the leading textbook for those genuinely interested in gaining a profound and detailed understanding of the arcane world of securitisation. The new, updated version confirms John's status as the top writer in this sector. Securitisation has moved on, becoming ever more complex in both its detail and its variety, but John's book never fails to deal with all the intellectual challenges posed, in a clear, logical and comprehensive fashion. A must for all practitioners- ? I thoroughly enjoyed it." ?Robert Palache, Managing Director, Head of European Infrastructure Finance and Corporate Securitisation, Barclays Capi tal "Deacon?s book is an unparalleled treatise on all aspects of asset securitisation and CDOs and is ideal for use by both experienced market practitioners and by those new to the seemingly ever-expanding world of securitisation. The book comprehensively outlines the various structures encountered, ranging from true sale and future flow financings to synthetics and whole business, addressing not only the framework of the structures but also the regulatory and accounting implications. A must have reference book." ?David Newby, Executive Director, ABN AMRO BANK N.V., Head of UK and Irish Securitisation, Head of European Commercial Real Estate Securitisation Synthetic credit derivatives technology, CDOs, the covered bond market, the mortgage-backed market and M&A financing have all come together to make securitization the fastest growing and most flexible area of the global credit markets. This authoritative work looks at the recent synthetic structures and credit derivatives used in CDOs and at the new Basel Capital Accord and addresses the framework of these structures as well as the regulatory and accounting implications. You'll find truly global insights, coverage of both the financial and legal aspects of securitization, and a glossary of market and legal terminology. Order your copy of this comprehensive update on the development of securitization today!

These volumes comprise of essays by Singapore thought-leaders republished from various issues of the annual journal of the National University of Singapore Society called Commentary.

The book presents a novel analytical perspective on Indonesia’s security policies during its transition to democracy. Kurniawan's analysis revolves around extraordinary measures and normal politics in response to the existential threat to the Indonesian state. This perspective is at the centre of the analysis which examines the process of securitization and desecuritization taken by the Indonesian government. This volume is essential reading for practitioners, students of Indonesian politics and researchers alike.

Perspectives on the Security of Singapore: The First 50 Years explores the security of Singapore in the last 50 years and its possible trajectories into the future. This volume brings together the diverse perspectives of a team of academics with different expertise, ranging from history to political science to security studies with a common interest in Singapore. The book is further boosted by the recollections of key civil servants involved with foreign affairs and defence, such as S R Nathan, Peter Ho, Bilahari Kausikan and Philip Yeo. Contents:IntroductionPart 1:Singapore's Conception of Security (Ang Cheng Guan)National Security and Singapore: An Assessment (Norman Vasu and Bernard Loo)Deliquescent Security Threats: Singapore in the Era of Hyper-Globalisation (Alan Chong)Singapore and Global Governance: Free-Rider or Responsible Stakeholder? (Tan See Seng)The Challenge of Strategic Intelligence for the Singapore Armed Forces (Kwa Chong Guan)Desecuritisation and after Desecuritisation: The Water Issue in Singapore–Malaysia Relations (S R Joey Long)Singapore's Security in the Context of Singapore–Malaysia–Indonesia Relations (Bilveer Singh)Singapore's Relations with Malaysia and Indonesia (Theophilus Kwek and Joseph Chinyong Liow)International Missions of the Singapore Armed Forces: How Far Would You Go? (Katie Tan and Ong Weichong)Why the FPDA Still Matters to Singapore (Ralf Emmers)Singapore in ASEAN's Quest toward a Security Community (Mely Caballero-Anthony)Singapore and the Great Powers (Khong Yuen Foong)The Changing Terrorist Threat Landscape in Singapore (Rohan Gunaratna)Managing Religious Diversity in Singapore: Context and Challenges (Mohammad Alami Musa and Mohamed Imran Mohamed Taib)Part 2:Personal ReminiscencesSafeguarding Singapore's Security: Defence and Diplomacy (S R Nathan)Organising for National Security — The Singapore Experience (Peter Ho)Pragmatic Adaptation, Not Grand Strategy, Shaped Singapore Foreign Policy (Bilahari Kausikan)Dr Goh Keng Swee and the Building of Singapore's Defence Industrial Capability (Philip Yeo)Conclusion: Strategic Certainties Facing Singapore in 2065 (Barry Desker) Readership: Undergraduate and graduate students, researchers and academics, and general public interested in security studies in general and in Singapore. Key Features:This is possibly the first scholarly collective effort/book on the subject of security of SingaporeThe contributors are academics within (and associated with) the S. Rajaratnam School of International Studies (RSIS), the only school cum think-tank that specialises in security issues in SingaporeThe contributors include former top civil servants who played a significant role in the shaping and conduct of Singapore's foreign and defence policiesKeywords:Security;Foreign Policy;Singapore

Gain an in-depth analysis, expert opinion and practical advice from the experts in the European credit markets.