BUILDING SOVEREIGNTY, PREVENTING HEGEMONY:

The Challenges for Emerging Forces in the Globalised World

 

International and Multidisciplinary Conference in the framework of a commemoration of the 60th anniversary of the 1955 Bandung Asian-African Conference

Yogyakarta-Bandung-Jakarta, Indonesia

October 26-31, 2015

 

ECONOMY

Terms of Reference

 

One of the main objectives of the Bandung Conference in 1955 was to promote economic and cultural cooperation among countries of Africa and Asia. At that time, most of countries in Asia and Africa just gained their independence and obviously their economic performance were far behind those of developed countries. Currently, many countries in Asia and Africa have important role in the world economy, however other countries in the region have been suffering from prolonged conflict and epidemic of contagious diseases. For many countries in Asia and Africa, poverty alleviation, income inequality, food security, education attainment, health care, crime and corruption, institution and environmental issues are still the main obstacles that they have strived to tackle. Although many developing countries have enjoyed their independence, it is not necessarily they maintain their economic sovereignty.

Although it may not be related directly to the Bandung Conference, substantial progress in the field of economics have been initiated since post colonial era. The emergence of game theory, experimental economics, Islamic economics, Buddhist economics, economic of information and new institutional economics took place during this era and provide substantial contribution for shaping economics these days. The advancement of development economics cannot be separated from the complexity in development process faced by many developing countries in post colonial era. In relation to the Bandung Spirit, one of the question that may be raised is whether the current development in economic theories may be used to form a strategy for development process in Asia and Africa? If the answer is negative, to what extent economists in Asia and Africa have developed alternative theories supposed to be more suitable to economic situation in their countries?

After the second world war, attempts had been made to form economic integration in developed countries. This strategy was followed by developing countries during the Cold War period. In the post Cold War period, there has been a tendency of forming economic integrations, in which the members consist of both developed and developing countries. In relation to the Bandung Spirit, one of questions that may be raised is whether economic integration support the cooperation among countries in Asia and Africa? Is there any evidence that economic cooperation of South-North has been flourished post the Bandung Conference?

This conference will provide a media to discuss various topics in the area of economics and economic development. The coverage of the topics are the following, but not limited to:

a)        Current development of trade and investment relationships between Asia and Africa: has it already reflected the Bandung Spirit?

b)     Income inequality, food security, education and health care in Asia and Africa: complexities and opportunities to resolve them.

c)        Institution, crime and corruption, and environmental issues in Asia and Africa.

d)     In search of alternative models of economic development in Africa and Asia.

 

We strongly encourage other topics related to endeavor of countries in Africa and Asia in developing indigenous/local approach in economic development and economic policy. Needless to say that other issues in the areas of economics and economic development in Asia and Africa are encouraged to be discussed in the conference.

The Economy group is part of five thematic groups of the Bandung+60 conference, along with Culture, Ecology, Politics and Spirituality & Religion. The discussions in economy working group focus on several challenges in economic development faced by developing countries such as poverty, income inequality, food security, education attainment, health care, crime and corruption, institution, and environmental issues. We encourage submission of empirical papers in any field in economics and development economics, which focus on the issues above in developing countries, in particular countries in Asia and Africa.

It is expected that through discussions and debate during the conference, we have a better understanding to the complexity of economic development across developing countries six decades after the Bandung Conference. By the Bandung Spirit, we exchange our knowledge, and may form collaborations, on how to tackle some of the obstacles in development mentioned above.

 

Seminar coordinator

Mr. Tulus Tambunan, Indonesia (Prof. Dr., Economics, Trisakti University, Jakarta)

 

Working group members

Mr. Fachru Nofrian, Indonesia

Ms Ida Busnetty, Indonesia

Mr. Muhammad Malik Ibrahim Said, Indonesia

Ms Nadia Chettab, Algeria

Mr. Rimawan Pradiptyo, Indonesia

Ms Sri Adiningsih, Indonesia

Mr. Tyson Tirta, Indonesia

Mr. William Kwan Hwie Liong, Indonesia

Mr. Youcef Benabdallah, Algeria