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Regional Integration in South Asia: Essays in Honour of Dr.M Rahmatullah

The rise of Asia represents a seminal turning point in history. Indeed, the next age of globalization could ultimately belong to Asia, reflected by a significant transfer of economic power. As a consequence of Asia’s rise on the global economic map, it has necessitated greater interconnection within, and with, the outside world. This development of interconnection is taking place between nations as well as across regions and sub-regions in Asia...


The Indian Economy: A Macroeconomic Perspective

This book analyses the Indian economy after the 1991 reforms. It draws a panoramic picture of theIndian economy by familiarizing the reader with macroeconomic concepts in context of India. It is an interesting read for both an amateur and an expert looking forward to reform the Indian economy. The text is divided into eight chapters, covering eight major economic challenges of India. Each chapter is further divided into subtopics which elucidate concepts in depth regarding each issue.


Why Growth Matters

Even as protectionist policies resurface and gain traction around the world, Why Growth Matters by Columbia University economists Jagdish Bhagwati and Arvind Panagariya (also the National Institution for Transforming India Aayog Vice-Chairman), offers a vision of growth driven by engagement with the world market and comprehensive reforms to dismantle India’s corrupt license-permit raj.


China's Super Consumers

A half century ago, the increasing household income drove up the consumption level in the United States, contributing to social development and reshaping the global economic landscape. Now as the fast-growing middle class in China gradually becomes the country’s major source of productivity, a rapidly expanding group of Chinese wealthy consumers are changing the world at a pace unprecedented inhuman history, and in ways almost impossible to foresee even a few years before...


China’s Economy: What Everyone Needs to Know

In China’s Economy: What Everyone Needs to Know, Arthur Kroeber examines the recent development and roles of key sectors in China’s economy. He also discusses the hot issues of labour markets, consumer spending, and income inequality. His discussion addresses current problems and how the Government has reacted to them. The last two chapters emphasize the need for China to focus on more efficient growth and its growing impact on the world...


Trans-Pacific Partnership: An Assessment

In February 2016, the Trans-Pacific Partnership (TPP) agreement was signed by the United States and 11 other countries around the Pacific Rim. As the first mega-regional agreement involving the United States signed in two decades, its economic and social impacts have been under serious discussion among economists...


SINGAPORE 2065 Leading Insights on Economy and Environment from 50 Singapore Icons and Beyond

Recently, Wired.com featured an article titled, “Here’s How People 100 Years Ago Thought We’d Be Living Today.” 1 The article showcased several Victorian postcards that imagined how the future would look like. My favorite is one of a seahorse cavalry. Of course, seahorse cavalries have no place in a modern military force. Divisions of armored tanks, an invention with unimaginable firepower has long replaced cavalries. If few saw the possibility of so formidable a weapon, then even fewer could have imagined advancements as transformational as that of computers and information technology.


China’s Economic and Social Problems

As skyscrapers spout and railways roar through the vast land, the rapidity of China’s economic development becomes impossible to ignore. Thirty years has seen China evolve from a planned economy to a mixed economy, with new buildings shining with the gleam of modernity. What hazards lie under the shiny surface? Is this “rapidity” sustainable?


International Migration and Development in East Asia and the Pacific

There are nearly 22 million international migrants from the East Asia and Pacific (EAP) region. The economic implications of this migration are enormous. In 2013 migrants from the EAP remitted approximately US $112 billion back to their home countries, far more than the sum of official development assistance to the region. In “International Migration and Development in East Asia and the Pacific” the authors look at the impact of migration on remittance-receiving households and the economies of labour-sending countries...


Financial Trade and International Supply Chains

In the book “Financing Trade and International Supply Chains,” Alexander R. Malaket, the author, starts by discussing the importance of international trade with respect to growth, economic prosperity, international development and how it has been seen as the path to recovery following the 2007 global economic crisis.