At the end of the 1980s, a tri-polar world comprising the US, EU and Japan emerged. However, the economic turbulence of the early 21st century has destabilized this order, and the rise of other Asian powers has implications for the formation of a new economic configuration. This book discusses the probability of the different tentative global economic power balances to emerge, as well as the different contestants: the EU, China and Japan, among others. Organized into three sections, the first part addresses general and trend-wise developments with relevance to the outcome of the re-polarization process. Subsequently, three chapters focus on developments in China, India and Japan. Finally, special issues such as climate policies, corporate governance, social reforms and cross-border economic alliances are considered in greater detail, in relation to their implications for the outcome of the re-polarization process. Contents:Long Term Innovation Waves and the Potential Dissonance between Europe and Asia (Lennart SchApn)Obstacles to Global Financial Adjustment: Economic Re-polarization and the Euro Area (Michael Hutchison)Interregional Trade Facing Re-polarization: The EU Trade Negotiations with ASEAN Countries (Lena Lindberg a Claes G Alvstam)The EU Meeting the Asian Trade Challenge a From Follower to Forerunner? (Anders Ahnlid)The Growing Financial Interdependence between Europe and Asia (Andrew Chiu a Peter MacKay)Asian Currency Basket Peg: Feasibility and a Move Towards a Multi-Polar World (Raj Aggarwal a Cal B Muckley)The Rise of China in a Tri-polar World: Can Corruption Co-exist with Economic Growth? (Andrew Delios a Roberto Galang)Japan's Role on the New Economic Map: What is Japan's New Identity in the 21st Century? (Yumiko Okamoto)India in a Re-polarized World (Shubhashis Gangopadhyay a S K Shanthi)Chindia FDI in Africa: Implications for Europe and Re-polarization (Raj Aggarwal a Rym Ayadi)Low-carbon Revolution of Chinese Economy: External Challenges vs. Internal Barriers (Libo Wu, Weiqi Tang a Wenshi Yu)The New Financial Architecture: The Role of Market Discipline for Governance (Apanard Penny Prabhavivadhana a Clas Wihlborg)EU and Vietnam: From a Parental to a Competitive Relationship? (Ari Kokko)The Role of SWFs in Shaping the Neo-polar World: The Asia-Europe Perspective (Michael Keller)Stuck in the Middle: A Challenge of Re-polarization for Europe and Indonesia (Janti Gunawan, Elizabeth L Rose a Rebecca Piekkari)The Reform and Reconstruction of China's Social Security System (Chun Ding) Readership: Postgraduate students, researchers in international and Asian economics/international relations; policymakers and analysts, business leaders interested in the multidimensional development of the global economic power balance. Keywords:Re-Polarization;Economic Order;Economic Power;Trade Agreements;FDI;Economic Reforms;China;EU;Climate Policy;Corruption;Innovation Waves;Monetary Union;Corporate Governance;Contagion;Financial Crisis;Sovereign Wealth Funds;Joint Ventures;AfricaKey Features:Contains research and analyses on the multi-dimensional re-polarization process by scholars from multiple disciplinesDiscusses the different drivers of the re-polarization processHighlights special issues salient to the outcomes of the re-polarization processReviews: aThe book compares favorably to its competitors, both because of the breadth of the topics that are treated and because of the novelty of the research findings that are presented. It can be recommended to everyone with an interest in the re-polarization of the world economy and with an interest in the Asian economies.a Journal of International Business Studies aThe book is an assiduous effort to provide fresh research-based policy suggestions in the world of re-polarization and in a time of profound economic depression. Given the book's sheer volume with 16 chapters, the fact that each chapter shows a high standard of scientific research is remarkable. The themes are well diversified and the allocation of chapters to each theme is adequate. Reading a scientific book like this provokes thoughts and gives ample opportunities to learn and form one's own ideas about what is happening, what are the challenges that need to be resolved, and how to do them in internationally-conflicting situations.a Journal of Asian EconomicsShe is actively involved in providing methodological training to Ph.D. students in Europe. Apanard Penny Prabhavivadhana is a Senior Research Analyst in the Financial Research group at the Milken Institute. Her research focuses onanbsp;...
|Title||:||EU-Asia and the Re-Polarization of the Global Economic Arena|
|Publisher||:||World Scientific - 2012-06-19|