The Ideal Model of Land Acquisition in India and China


CPR is pleased to invite you to a talk on
Compulsory Development: The Ideal Model of Land Acquisition in India and China
Huang Yinghong
Tuesday, 10 July 2018, 12:30 p.m.Conference Hall, Centre for Policy Research
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About the TopicLand acquisition in India and China since the late 1980s has been theorised into an ideal model, the compulsory development, which highlights the extremely active role of the state and its compulsory measures towards land acquisition in both countries for achieving the commitment of development. As a developmental state, either state in both cases acts as the land use planner, regulation maker in the land administration, as well as the major land developer and the monopolistic player in the land market, while at the same time it extracts high proportion of revenue from land development projects, which is realised through a compulsory land acquisition despite of the numerous flaws of the land acquisition institutions. The compulsory development as we term is a key feature in political economy of land acquisition in both countries. It provides an ideal model to penetrate through the dense fog of hybrid phenomena of land acquisition in these two largest developing societies, and to develop a systematic analysis towards land acquisition, or even development in both countries. As the beginning of this research, in this talk, we focus only on the theoretical model of this compulsory development, including its definition, characteristics, and the diverse variations.
About the Speaker
Dr Huang Yinghong is an Associate Professor of the School of International Relations at Sun Yat-sen University, China. He received his BA from Xiamen University and MA & PhD from Sun Yat-sen University. He was previously a senior visiting scholar at the Asia Research Institute of the National University of Singapore (2014), and a visiting scholar at Jadavpur University (2015), Delhi University (2008 & 2011), and the Institute of Chinese Studies, Delhi (2013). He also served as an emerging scholar at the India-China Institute of The New School (2014). His scholarly interests include Gandhian Satyagraha, comparative political studies of India and China, and the boundary dispute between India and China. His recent publications include a book entitled The Politics to Convert Opponent: A case study of Mahatma Gandhi’s Satyagraha Fastings (in Chinese), and several academic articles. He is currently focusing on a project on “land acquisition and development in India and China” in Harvard Yenching Institute.Please RSVP at president.cpr@cprindia.org.

Sony returns to Japan’s top slot

Sony was once synonymous with innovation, but it has not had a hit like the Walkman or PlayStation in years, a situation CEO Kenichiro Yoshida hopes to turn around by fostering new businesses in fields like artificial intelligence and self-driving cars gaming, music, film and financial segments.
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Sony is back to Japan’s top electronics maker by market value on Monday, taking the crown for the first time in 15 years and three months thanks to a seeming lack of exposure to the U.S.-China trade frictions.
The company expects to earn the bulk of its operating profit this fiscal year from gaming, music, film and financial segments. Sony is “unlikely to be affected by a trade war compared with other electronics makers,” said Ryosuke Katsura at SMBC Nikko Securities.
Sony shares climbed 4.44% to close at 5,692 yen Monday, for a market capitalization of 7.21 trillion yen ($65.2 billion). Sony edged past industrial device maker Keyence by 17.3 billion yen to take first place among electronics machinery companies listed on the Tokyo Stock Exchange’s first section. Keyence inched up only 0.12% to finish at 59,230 yen.
Sony has made clear it will not pursue scale for its cameras, televisions and other consumer electronics. That separates the group from the export-heavy manufacturers expected to suffer from the escalating U.S.-China trade spat.
“I don’t perceive [Sony] as an electronics hardware company,” said Yasuo Imanaka of the Rakuten Securities Economic Research Institute.
Sony expects its gaming segment to account for 28% of operating profit for the year ending March 2019, with music and film seen contributing a combined 23%.
Meanwhile, concerns abound for Keyence.
“Automation investments for factories had been going very well until last year, but uncertainties about future prospects have emerged,” said an official at an asset management company.
The company’s low dividend has also turned off investors.
asia.nikkei.com

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