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A History of Global Capitalism
The book sets out to explore the economic motivations of imperial expansion under capitalism. This undoubtedly is related to two fundamental research questions in economic sciences. First, what factors explain the divergence in living standards across countries under the capitalist economic system? Second, what ensures internal and external stability of the capitalist economic system? The book adopts a unified approach to address these questions. Using the standard growth model it shows that improvements in living standards are dependent on access to raw materials, labour, capital, technology, and perhaps most importantly 'economies of scale'. Empires ensure scale economy through guaranteed ...
Regional Growth and Sustainable Development in Asia
This book addresses two general questions that have arisen as a result of the uneven rise of the various Asian economies in contemporary times. First, to lift people out of poverty and to improve the quality of their lives, how do we institute policies that will ensure economic growth in the different regions of Asia? Second, what can we do to ensure that the economic growth we seek is sustainable so that the regional economic development that emerges is broad-based, inclusive, and environmentally conscious? Specifically, this edited book will provide a unified perspective on regional growth and sustainable development in Asia by focusing on the above two broad questions. The book will empha...
Investing in Low-Carbon Energy Systems
This book focuses on multi-level actions that have attracted considerable interest and discussion within academia, decision makers and the public as a tool to assess anthropogenic effects of low-carbon energy development. The book begins with an overview of the state of the art policies in emerging economies, which provides a starting point for understanding the concept of low-carbon green growth. A unified framework for structuring, categorizing, and integrating various regional-level actions is established on the basis of a thorough investigation into the theoretical and methodological aspects of non-conventional energy policies that have been widely adopted. Furthermore, the book brings clarity to the relationship between clean energy policies and stakeholder participation, and the significance of coordinated actions at the regional level. The findings provide novel insights and policy tools to help decision-makers in identifying ways to mobilize private investment in low-carbon energy systems.
Global Political Economy
Centred around key topics and debates, Global Political Economy encourages students new to the field to explore its breadth and diversity, and understand how to approach and answer the big questions that matter today. Written by scholars from around the world, the textbook reflects the interdisciplinary nature of the field by addressing essential topics and themes, such as poverty, labour, migration, and the environment.Each chapter includes a unique 'Roundtable' feature, in which a diverse range of scholars consider a key question, introducing students to the dialogue between academics on core issues, and the interplay and value of different opinions, and perspectives. The 'Over to You' ele...
Deindustrialization, Distribution, and Development
Focussing on the Global South, this book examines the emergent processes of stalled industrialization and the spectre of premature deindustrialization in middle-income developing countries. Through detailed analysis, Sumner challenges existing economic myths and outlines what deindustrialization means for the future of global development.
Sustainable Development Goals and Pandemic Planning
This book assesses the progress in the implementation of Sustainable Development Goals (SDGs) in ASEAN, India and China using the above framework conditions in the context with three main propositions. First, translating the SDGs into regional economic integration strategies during the pandemic recovery can enhance the link between global objectives and the multifaceted reality of an ASEAN community building process, and providing a strategic option to strengthen the regional approaches. Secondly, a regional approach on complementarities to SDGs can facilitate the definition of relevant targets/indicators and enhance the monitoring and evaluation framework. In so doing it could also offer th...
Institution, Human Capital and Development in Indonesia
In 2021, the Indonesia economy has bounced back to almost at the condition before the COVID-19 pandemic. Confdence, in general, has been strong among Indonesians with the aim to rebuild the country better. Growth is expected to accelerate to escape the middle-income trap before 2045 and, at the same time, to transform to green economy. It has been argued, nevertheless, that, to achieve these goals, Indonesia needs to improve its qualities of institutions and human capital. This book is intended to discuss these issues as well as how they influence Indonesia’s development.
The Indonesian Economy in Transition
By any indicator, Indonesia, the fourth most populous nation on earth, is a development success story. Yet 20 years after a deep economic and political crisis, it is still in some respects an economy in transition. The country recovered from the 1997–98 crisis and navigated the path from authoritarian to democratic rule surprisingly quickly and smoothly. It survived the 2008–09 global financial crisis and the end of the China-driven commodity super boom in 2014 with little difficulty. It is now embarking on its fifth round of credible national elections in the democratic era. It is in the process of graduating to the upper middle-income ranks. But, as the 25 contributors to this comprehe...
The Oxford Handbook of the South African Economy
This Handbook provides a detailed and wide-ranging coverage of the key economic questions in South Africa, concentrating on the more recent economic challenges facing the country.
An Economic History of Indonesia
Based on new datasets, this book presents an economic history of Indonesia. It analyses the causes of stagnation of growth during the colonial and independence period, making use of new theoretical insights from institutional economics and new growth theory. The book looks at the major themes of Indonesian history: colonial exploitation and the successes and limitations of the post 1900 welfare policies, the price of instability after 1945, and the economic miracle after 1967. The book not only discusses economic change and development – or the lack thereof – but also the institutional and socio-political structures that were behind these changes. It also presents a lot of new data on the changing welfare of the Indonesian population, on income distribution, and on the functioning of markets for rice, credit and labour. Concluding with a discussion on whether the poor profited from the economic changes, this book is a useful contribution to Southeast Asian Studies and International Economics.
