Recommending Books for Purchase (Bulletin 78 - June 2020): International Economics

This book analyzes the state of global governance in the current geopolitical environment. It evaluates the main challenges and discusses potential opportunities for compromise in international cooperation. The book's analysis is based on the universal criteria of global political stability and the UN framework of sustainable development. By examining various global problems, including global economic inequality, legal and political aspects of access to resources, international trade, and climate change, as well as the attendant global economic and political confrontations between key global actors, the book identifies a growing crisis and the pressing need to transform the current system of global governance. In turn, it discusses various instruments, measures and international regulation mechanisms that can foster international cooperation in order to overcome global problems. Addressing a broad range of topics, e.g. the international environmental regime, global financial problems, issues in connection with the energy transition, and the role of BRICS countries in global governance, the book will appeal to scholars in international relations, economics and law, as well as policy-makers in government offices and international organizations.

The Persian Gulf 2018 is sixth in the series published by MEI@ND and examines India's bilateral relations with the countries along the Persian Gulf, namely, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, UAE and Yemen. It focuses on developments during 2017 and offers a comprehensive account of the strategic, political, economic and cultural aspects of bilateral developments along with specific policy recommendations for India.The book also provides an in-depth analysis of internal dynamics of these countries.

This edited volume examines global power-rivalry in and around South Asia through Bangladeshi lenses using imperfect and overlapping interest concentric-circles as a template. Dynamics from three transitions --the United States exiting the Cold War, China emerging as a global-level power, and India's eastern interests squaring off with China's Belt Road Initiative, BRI--help place China, India, and the United States (in alphabetical order) in Bangladesh's "inner-most" circle, China, India, and the United States in a "mid-stream" circle, and the United States and Latin America, among other countries, in the "outer-most" circle, depending on the issue. In an atmosphere of short-term gains over-riding long-term considerations, the desperate, widespread search for infrastructural funding inside South Asia enhances China's value, raises local heat, releases new challenges, with costly default consequences looming, issue-specific analysis overtaking formal bilateral relations and a stubborn uncertainty riddling the Bangladeshi air as its policy preferences stubbornly show more certainty.

This book is a theoretical and empirical analysis of institutional foundation of long-term economic growth from the perspective of state-market and central-local relations. The book argues that, in order to safeguard sustainable market development, it is necessary to centralize certain functions of the state to overcome local predatory governmental rulings, and to decentralize others to increase local governmental market incentives, simultaneously. This institutional approach is conceptualized as "Dual Intergovernmental Transformation for Market Development" (DITMD). This book develops the DITMD model through an in-depth empirical comparison on contemporary China and the 19th-century United States.