Recommending Books for Purchase (Bulletin 76 - June 2020): Economic Policy

This book figures out that network security and informatization have entered a development stage of greater permeation and deeper integration into all aspects of the economy and society. In particular since the 2008 financial crisis, the world's major economies have placed a strategic focus on network security and informatization in order to seek out new growth points, alleviate energy and ecological pressures, improve living standards, and improve social governance through new technological transformations in fields such as cloud computing, the Internet of Things, mobile internet, big data, smart cities, and a wave of applications. The effects on the economy and society have emerged and will continue to make significant progress. Based on China's stage of new urbanization, industrialization, informatization, and agricultural modernization and major characteristics, as well as the intrinsic need for synchronized development, this book encourages society to accelerate the pace of development, expand the scope of work and promote informatization and the comprehensive, coordinated, effective linking and deep integration of informatization with all areas of the economy and society. 

This Handbook presents a broad yet nuanced portrait of the Hashemite Kingdom of Jordan, its socio-political rifts, economic challenges, foreign policy priorities and historical complexities. The Hashemite Kingdom of Jordan has traditionally been an oasis of peace and stability in the ever-turbulent Middle East. The political ambitions of regional powers, often expressed in the form of territorial aggrandisement, have followed the Hashemites like an inseparable shadow. The scarcity of natural resources, especially water, has been compounded by the periodic influx of refugees from its neighbours. As a result, many--Arab and non-Arab alike--have questioned the longevity and survival of Jordan. These uncertainties were compounded when the founding ruler, King Abdullah I, became involved in the nascent Palestinian problem at the end of World War II. The annexation of the eastern part of Mandate Palestine or the West Bank in the wake of the 1948 War transformed the Jordanian demography and sowed the seeds of an uneasy relationship with the Palestinian component of its population, citizens, residents and refugees. Though better natural resources and stronger leaders have not ensured political stability in many Arab and non-Arab countries, Jordan has been an exception. Indeed, since its formation as an Emirate by the British in 1921, the Kingdom has seen only four rulers, a testimony to the sagacity and political foresight of the Hashemites. The Hashemites have managed to sustain the semi-rentier model primarily through international aid and assistance, which in turn inhibits Jordan from pursuing rapid political and economic reforms. Though a liberal, multi-religious and multicultural society, Jordan has been hampered by social cleavages especially between the tribal population and the forces of modernization.

This book clarifies the misconceptions and misinterpretations of the Chinese Path through historical and market logic. The author begins with a historical review of Chinese institutions from their cultural origins to their modern connotations: Chinese regard unity over individualism; Chinese are more cooperative, intrapersonal and defensive than competitive, invasive and expansive. The market economy is another factor that emphasizes the importance of a peaceful environment and stable system of international institutions so as to achieve sustainable development in China. In closing, the author provides an outlook on the role and responsibility of China as a great power towards developed countries, neighbors, new economic groups and developing countries. China's development means much to the world.

The economic policies of reactive states such as Turkey and Greece, both of which have shown limited ability to implement institutional reforms in recent years, have paved the way for deep crises. The crises are devastating for both societies' social fabric, but they also open up the opportunity to introduce new economic regimes. They do, however, not always invite changes in dominant paradigms. Despite weak state capacity and deep economic crisis in both cases, substantial reforms were initiated in Turkey whilst an opposite trend prevailed in Greece. Drawing on field research, this book develops a political economy framework that explains reform cycles and post-crisis outcomes in reactive states.

This book analyzes the social forces and political coalitions driving regional integration projects in Asia with a focus on ASEAN and Indonesian conglomerates. It asks which social forces, within the domestic political economy of Asian states, are driving governments to seek regional arrangements for economic governance. In particular the book asks how the emergence, reorganization, and expansion of capitalist class have conditioned political support for regional economic integration. By addressing these issues, the book emphasizes that the wellspring of regional economic institution projects stem from the process of capitalist development and the social forces it has unleashed. The book's aims place the social and class relations that underpin regional projects - rather than the institutions which result from them--at the centre of the analysis of regional integration. The research for this account draws primarily on primary documents from archival and field research conducted by the author--including company documents and in-depth interviews, government reports and policies, and trade publications and data sources, which is supplemented with secondary sources where relevant.

This book analyzes the transformation of Korean political economy since the 1990s. In the wake of the Asian financial crisis of 1997, the political economy of South Korea has evolved around two diametrically opposed features: convergence into the Anglo-American model and the state-led strategic restructuring of industries. To unravel the peculiar nature of the political economy in Korea, the authors first identify major factors that contributed to the dual dynamics of change and continuity in Korea: external pressures, ideological shift in political leadership, and the pivotal role of the Korean government. Next, they examine the way in which these factors interacted with each other to reshape the evolutionary path of the Korean political economy. Using several case studies, the authors take us through the stages of this transformation, from the reform of the chaebols to the industrial restructuring of the auto, IT, and aerospace industries to the rise of South Korea's Free Trade Agreements (FTA) initiative. In explaining the role that the dual dynamics of change and continuity play in modern Korean political economy, this book makes an important contribution to the existing literature and will be of interest to scholars and policy-makers concerned with development in Korea and the Asia-Pacific.​

This book discusses the experiences of cooperative enterprises in India that have been operated by or influenced to a significant extent by trade unions. It describes the origins of these movements in India presenting a political-strategic view of their development and, in some cases, their decline. The book also presents case studies of groundbreaking social experiments conducted in India in which trade unions have formed cooperatives for production and service provision for the working class movement. It also offers lessons learned from previous social experiments and explains how to use them for future strategies in the working class movement by using primary research undertaken on trade union cooperatives in India. With globalization often given as a reason for the decline of trade unions and transformative social movements, this book demonstrates that where movements declined it was due to their own internal weaknesses, while presenting successful case studies of movements which have shown resilience in the face of globalization. The book also gives an extensive criticism of India's Self Employed Women's Association as a model of a depoliticized trade union cooperative. The main lesson of this book is that cooperatives represent a viable strategy to build working class power in the 21st century in India, and elsewhere.