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East Asia is a key region in the global economy, including both the second and third largest global economies already and, led by China, continuing to expand at a rapid rate. This economic growth has led to unprecedented gains in prosperity in the region but it has also led to increasing environmental pressures and energy issues. This book assesses ways in which East Asia can continue or even increase existing rates of economic growth while at the same time reducing greenhouse gas emissions and other environmental degradation. Using advanced modelling approaches, future scenarios for four East Asian countries are assessed in detail, including analysis of particular challenges in each country (e.g. coal power in China, nuclear power in Japan). Prospects for each country’s energy system are assessed in detail and the potential effects of various types of Environmental Tax Reform in the four countries are also considered carefully. The final section of the book explores the interaction between trade liberalization, a key driver of growth, and emission levels in the East Asia region.
China is caught in the rapids of the largest policy crackdown in history. The ferocity of this far-reaching crackdown, dispersed across every market sector, has cast into scrutiny a newly emerging era of development and raised new questions about what it means for the future of Chinese governance and development. Has China abandoned its modern commitment to market-oriented reforms? Is this a reversion to the bygone days of Maoist Communism? The ongoing crackdown, this book argues, is not a break from but a continuation of the legacy of development initiated 50 years ago under Deng Xiaoping. Drawing on rich economic and developmental data, the book recasts old ideas about Chinese governance w...
The Economics of Russia’s War in Ukraine provides a thorough analysis of the Russo-Ukrainian war, tracing its historical roots and exploring its multifaceted dimensions. This book emphasizes economic, geopolitical, and humanitarian impacts, highlighting Ukraine’s resilience amid challenges. At the same time, this study examines the EU’s dynamic responses to economic crises and energy transition, the consequences of the war on global trade dynamics, and the significant influence of geopolitical events on financial markets. It underscores the EU’s commitment to aiding Ukraine, enhancing its security, and increasing defence spending in response to evolving geopolitical complexities. The...
This monograph presents potential remedies for some of the current environmental issues in developed countries in a theoretical or empirical manner with the interdisciplinary approaches of economics, statistics, and engineering. The book illustrates effective economic and environmental policies for environmental challenges and factors where corrective policies to date may have failed. The importance of this essential book has is related to the transition in the major concerns of the people or governments in developed countries shifting from economic growth to the stability of life and environmental preservation as their economies have matured. The environmental issues dealt with here include...
This book investigates the process and mechanism of the capability development of East Asian local manufacturers, which has underpinned their phenomenal rise in the world's competitive landscape of industrial production during the last few decades.
This is an introduction to the Japanese economy. The general feature of the Japanese economy, together with its historical and geographical background, is first described. Its famous rapid economic growth in the 1960s are then analyzed quantitatively in the light of the econometric findings. The facts on the saving ratio, trade balances, technical progress, industrial structure, business cycles, economic development and so on are presented, and their relation to the economic performance are discussed. The elementary economic concepts and theories are also explained with illustrations from the Japanese economy, so that the book may be easily accessible to the general readers. The readers of the book will acquire a bird's-eye view of the Japanese economy and the theoretical elucidation of its special features.
This book examines the intersection between cybersecurity and the law and economy of India and offers a course of action in designing efficacious policies against emerging cybercrimes in the country. It reviews the boom in infrastructure growth in India and the security challenges this presents to the domestic economy and legal system. The contributors conducted a risk assessment of the potential economic impacts and security vulnerabilities, as well as identified the current regulatory and legal gaps regarding cryptocurrency, ecommerce, and digital banking. The book also considers the subject of data localization and sovereignty, and the challenges of establishing an indigenous data architecture. By discussing the economic impact of cybersecurity and incorporating recommendations from scholars, activists, academics, young legal intellectuals, and professionals in the field, the chapters propose new measures and protections for lawmakers and policymakers to adopt. This book will interest researchers and students of cybersecurity, law and economics, international relations, and Indian policymakers.
This book is a work that focuses on the forest environmental tax. Forest resources have played a major role in preventing global warming by absorbing carbon dioxide and supplying oxygen. However, global economic growth has adversely affected the global environment and has exacerbated global warming due to excessive consumption of forest resources. The functions or “services” of forests are diverse, but the interest of the citizenry in forest cultivation is scarce since forests are public goods. Concurrently, Japanese forestry, which has played an important role in forest conservation, is steadily declining, and it is no longer possible for private forest operators to maintain the forest ...
The struggle for world leadership between China and the United States, resulting in Russia's war with Ukraine, among other things, underscores the reality of structural changes in the global economy and the global system. This book explains that a new era of egocentrism and polycrisis in a multipolar system has emerged in international economic policy, with a strong drive toward interventionism and protectionism of national economies. Dynamic economic imbalances are becoming a constant factor in disrupting international competitiveness and forcing changes in both monetary policy and general economic policy. This prompts a new, more pragmatic definition of fundamental concepts in the theoreti...
China’s recent climate-energy policy, an outcome of contemporary challenges, has generated conflict of interest amongst major stakeholders. Coupled with a boost in demand for oil, gas and coal, as well as a rapid growth in wind and solar power, it has not only affected domestic fossil fuel and renewable energy providers, but has also provoked a resource boom, affecting development pathways internationally. This book therefore seeks to examine the economic, social and ecological effects associated with China’s climate-energy policy. Assessing how the policy has been and will be formulated and implemented, it analyses the changing use of energy, CO2 emissions and GDP, as well as social and...