Recommending Books for Purchase (Bulletin 72 - May 2020): Asian Economics

This book focuses on the nature and significance of China's state enterprises which have undergone substantial changes since China's economic liberalization in 1978. It argues that much of the criticism is based on mistaken premises, where even the term 'state-owned enterprises' is a misnomer given that the emphasis is much less on ownership than on control. Using numerous case studies, this book highlights the extent to which these enterprises have evolved in response to reforms, and provides an in-depth analysis of their role in China's outward investment strategy in the "Belt and Road" initiative. This role speaks to their growing influence as China expands her global footprint.

This book examines Kazakhstan's struggle to distance itself from its Soviet past over 25 years after its independence. To a very large extent, the affirmation of its sovereignty and a unique Kazakhstani way remain largely a matter of rhetoric. This book looks to explain the various aspects that show the continuity of Kazakhstan's political system and governance with its colonial legacy, namely through its foreign policy, the country's environmental policies, the judicial system, the management of religious diversity, the way youth organizations are structured and administered or how those who were born after the collapse of Soviet Union are still showing a typical Soviet behavioral attitude towards the political sphere. What are the reasons for this reluctance or incapacity to break away from these ties of the past? Will the unavoidable political transition that will bring new individuals to the head of the state contribute to a real change? Will this lead to a break with the country's past and a radical shift in the country's policies or will things remain as they have been since 1991? This book provides some valuable insights on what may happen in the near future to the biggest country of Central Asia.  

This book delves into the limitations of Singapore's authoritarian governance model. In doing so, the relevance of the Singapore governance model for other industrialising economies is systematically examined. Research in this book examines the challenges for an integrated governance model that has proven durable over four to five decades. The editors argue that established socio-political and economic formulae are now facing unprecedented challenges. Structural pressures associated with Singapore's particular locus within globalised capitalism have fostered heightened social and material inequalities, compounded by the ruling party's ideological resistance to substantive redistribution. As 'growth with equity' becomes more elusive, the rationale for power by a ruling party dominated by technocratic elite and state institutions crafted and controlled by the ruling party  and its bureaucratic allies is open to more critical scrutiny.

This book collects the work of leading Chinese economists, sociologists, and political scientists as China enters a pivotal phase of development, as well as a new five-year plan. Scholars from China's leading institutions and think-tanks explore global economic trade patterns, regional imbalances, environmental pollution, rural-urban disputes, and much more. This book will be of interest to scholars, economists, and think-tank researchers. 

This book aims to delve deeper into China's Road studies, bringing together China's leading scholars from different disciplines to examine, with reference to the grand strategies of major powers in the world, the strategically important issues that China faces, the interactions between domestic politics and international politics, and the way in which China seeks to become a world player. The book contains articles analyzing the history and reality of China's road, domestic and international foundations of China's Road, and China's Road and the world's future. The authors also discuss the unique aspects of China's Road, as the properties and the selection of the system, ideas, and development model all comprise an unalterable socialist direction, government-led market economic system, human-oriented core ideas, and gradual reform. With balanced and peaceful development, cooperation, and mutual benefits as outstanding characteristics, China's Road will ensure that China continues to progress.

This book explores the dynamics of party politics in Taiwan and cross-Strait relations over the past decade. While power transfer from the pro-independence Democratic Progressive Party (DPP) back to the pro-status quo Chinese Nationalist Party (Kuomintang, KMT) in 2008 ushered a great leap of cross-Strait relations in the following years, the DPP's coming back to power in 2016 has reversed the trend and brought back a cold peace between the two sides of the Taiwan Strait featuring the period of the Chen Shui-bian administration. Social cleavage and partisan confrontation on the island have justified Beijing's strategy of selective engagement with the two main parties within Taiwan. The state of cross-Strait relations, therefore, has become a by-product of volatile party politics on the island. As speculation about Taiwan's future mounts, this book will interest scholars, China-watchers, and policymakers.