Article Per Year (5 Year)
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All Journal TRANSBORDERS: International Relations Journal Kunuz: Journal of Islamic Banking and Finance
Fathur Rahman
Universitas Pembangunan Nasional Veteran Jakarta
Arts Humanities Economics, Econometrics & Finance Social Sciences

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Paradiplomacy for Educational Development: The Case of Jakarta and New South Wales Muhammad; Daniel Christian Ariel Wibowo; Imaduddin Ahmad Hasibuan; Fathur Rahman
TRANSBORDERS: International Relations Journal Vol. 9 No. 1 (2026): TransBorders: International Relations Journal
Publisher : Hubungan Internasional, Fakultas Ilmu Sosial dan Ilmu Politik Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/transborders.v9i1.15659

Abstract

The cooperative relationship between Jakarta and New South Wales can be categorised as paradiplomacy, given that both are sub-state actors within their respective countries. By emphasising development in the education sector, both actors occupy an equal position and derive mutual benefit from this cooperation. This research aims to examine how the outcomes of collaboration between these two regions have contributed to the development of education in each. The research employs a qualitative method, using internet-based research as its data collection technique, drawing on scholarly articles, journals, and news reports. The findings indicate that paradiplomacy between the two regions has contributed to improved social welfare in the field of education for both sub-state actors, manifested in the exchange of knowledge, teaching staff, and scholarships, as well as expanded opportunities to develop the capabilities of young people in both regions.
Institutional De-Risking of Cross-Border Finance: CPTPP and Singapore-Sourced FDI in Vietnam's High-Technology Manufacturing Ecosystem Fathur Rahman; Wiwiek Rukmi Dwi Astuti
Kunuz: Journal of Islamic Banking and Finance Vol 6 No 1 (2026)
Publisher : Program Study Islamic Banking, Faculty of Economics and Bussiness Islam, State Islamic Institute of Manado (IAIN) Manado

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30984/kunuz.v6i1.2217

Abstract

This study examines how the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) shaped the institutional risk environment for Singapore-sourced foreign direct investment (FDI) within Vietnam’s manufacturing and industrial ecosystem during 2019–2024. The study conceptualizes FDI as a long-horizon cross-border capital-allocation decision and examines three dimensions: investment scale, capital composition, and ecosystem formation. A qualitative explanatory case-study design combines process tracing of CPTPP Chapter 9 and Vietnam’s domestic investment reforms with official registered FDI data and corporate disclosures from Sembcorp Development, Mapletree Logistics Trust, and Ascendas/CapitaLand. The findings show that Singapore-sourced registered FDI increased from USD 4.50 billion in 2019 to USD 10.21 billion in 2024, representing a 126.9% increase between the endpoints. However, the annual trajectory was non-monotonic and materially influenced by large individual transactions. The analysis identifies investor protection, capital-transfer provisions, rules-based dispute settlement, and enhanced market access through regional production networks as principal channels through which the CPTPP may mitigate selected forms of institutional investment risk. Corporate cases further indicate an ecosystem mechanism whereby industrial parks, logistics facilities, and business parks mobilize cross-border capital into real assets, support manufacturing activities, and potentially strengthen project bankability. Nevertheless, aggregate source-economy statistics cannot establish the extent to which Singapore-sourced investment was allocated specifically to high-technology manufacturing, and no reviewed corporate disclosure directly attributes an investment to a specific CPTPP provision. The study concludes that the CPTPP functioned as a conditional institutional de-risking architecture that strengthened the enabling environment for Singapore-linked investment rather than an independent cause of FDI expansion.
Co-Authors Daniel Christian Ariel Wibowo Imaduddin Ahmad Hasibuan Muhammad Wiwiek Rukmi Dwi Astuti