China's Relations with Arabia and the Gulf 1949-1999

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Author :
Publisher : Routledge
ISBN 13 : 1135786895
Total Pages : 320 pages
Book Rating : 4.1/5 (357 download)

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Book Synopsis China's Relations with Arabia and the Gulf 1949-1999 by : Mohamed Mousa Mohamed Ali Bin Huwaidin

Download or read book China's Relations with Arabia and the Gulf 1949-1999 written by Mohamed Mousa Mohamed Ali Bin Huwaidin and published by Routledge. This book was released on 2003-09-02 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a detailed analysis of China's foreign policy towards the Gulf and Arabian peninsula region from the establishment of the People's Republic of China in 1949 to the end of the 20th century. Based on extensive original research, it looks at the relations between China and each of the countries of the region over the entire period. It demonstrates that two key factors have shaped China's foreign policy with the region - China's relations with the United States and the Soviet Union, and China's drive to increase its economic ties with the countries of the region, especially after becoming a net importer of oil in the early 1990s.

China's Relations with the Gulf Monarchies

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Publisher : Routledge
ISBN 13 : 1351390961
Total Pages : 204 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis China's Relations with the Gulf Monarchies by : Jonathan Fulton

Download or read book China's Relations with the Gulf Monarchies written by Jonathan Fulton and published by Routledge. This book was released on 2018-08-06 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: As China’s international political role grows, its relations with states outside of its traditional sphere of interests is evolving. This is certainly the case of the Arab Gulf monarchies of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, which together comprise the Gulf Cooperation Council (GCC). China’s levels of interdependence with these states has increased dramatically in recent years, spanning a wide range of interests. What motivating factors explain the Chinese leadership’s decision to forge closer ties to the GCC? Why have GCC leaders developed closer ties to China, and what kind of role can China be expected to play in the region as levels of interdependence intensify? This book uses neoclassical realism to analyse the evolution of Sino-GCC relations. Examining the pressures that shaped China’s policy toward the Arab Gulf monarchies, it demonstrates that systemic considerations have been predominant since 1949, yet domestic political considerations were also always an important consideration. Relations are examined across diplomatic and political interactions, trade and investment, infrastructure and construction projects, people-to-people exchanges, and military and security cooperation. This book will appeal to scholars in the fields of International Relations and International Political Economy, as well as area specialists on China, the Persian Gulf, the Arab Gulf Monarchies, and those working on foreign policy issues.

China and the Gulf Cooperation Council Countries

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Publisher : Lexington Books
ISBN 13 : 1498545033
Total Pages : 285 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis China and the Gulf Cooperation Council Countries by : Muhamad S. Olimat

Download or read book China and the Gulf Cooperation Council Countries written by Muhamad S. Olimat and published by Lexington Books. This book was released on 2016-09-21 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines China’s relations with member states of the Gulf Cooperation Council. It highlights the depth of China’s ties with the region bilaterally and multilaterally on a five-dimensional approach: political relations, trade relations, energy security, security cooperation, and cultural relations. Regarding each of these criteria, the GCC countries enjoy a strategic significance to China’s national security, vital interests, territorial integrity, sovereignty, regime survival, and economic prosperity. China has been an integral part of the political developments on the Arabian Gulf scene since the 1950s. Their bilateral ties have grown steadily since the Economic Reform Era, culminating in strategic partnership two decades later. China and its Arab Gulf partners have embarked on an ambitious economic cooperation that includes joint ventures in oil upstreaming and downstreaming, mammoth highway and railroad projects, construction projects, and above all, strategic security coordination in reference to security threats. Both sides are also engaged in a process of revival of the Silk Road within the Belt and the Road framework. Sino-Gulf bilateral trade relations reached $159,419.20 billion in 2014. The two sides aim to increase it to $600 billion by 2020, a goal within reach given the fact that they are concluding the China-GCC Free Trade Agreement, which will transform their bilateral ties.

Routledge Handbook on China–Middle East Relations

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Author :
Publisher : Routledge
ISBN 13 : 1000476790
Total Pages : 485 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Routledge Handbook on China–Middle East Relations by : Jonathan Fulton

Download or read book Routledge Handbook on China–Middle East Relations written by Jonathan Fulton and published by Routledge. This book was released on 2021-12-27 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook brings together a mix of established and emerging international scholars to provide valuable analytical insights into how China’s growing Middle East presence affects intra-regional development, trade, security, and diplomacy. As the largest extra-regional economic actor in the Middle East, China is the biggest source of foreign direct investment into the region and the largest trading partner for most Middle Eastern states. This portends a larger role in political and security affairs, as the value of Chinese assets combined with a growing expatriate population in the region demands a more proactive role in contributing to regional order. Exploring the effect of these developments, the expert contributors also consider the reverberations in great power politics, as the United States, Russia, India, Japan, and the European Union also have considerable interests in the region. The book is divided into four sections: • Historical and policy context • State and regional case studies • Trade and development • International relations, security, and diplomacy. This volume is an essential reference for scholars and policy-makers in the fields of international relations, political sociology, international political economy, and foreign policy analysis. Area studies specialists in Middle Eastern Studies, China Studies, and East Asian Studies will also find it an invaluable resource.

China's Middle East Diplomacy

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Author :
Publisher : Liverpool University Press
ISBN 13 : 1782846905
Total Pages : 343 pages
Book Rating : 4.7/5 (828 download)

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Book Synopsis China's Middle East Diplomacy by : Dr. Mordechai Chaziza

Download or read book China's Middle East Diplomacy written by Dr. Mordechai Chaziza and published by Liverpool University Press. This book was released on 2020-09-10 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Peoples Republic of China (PRC) diplomatic engagement with the Middle East spans multiple dimensions, including trade and investment, the energy sector, and military cooperation. Connecting China through the Suez Canal to the Mediterranean and Europe, the Middle East is a unique geostrategic location for Beijing, a critical source of energy resources, and an area of expanding economic ties. The Middle East geographical and political area is subject to different country inclusion interpretations that have changed over time and reflect complex and multifaceted circumstances involving conflict, religion, ethnicity, and language. China considers most Arab League member countries (as well as Israel, Turkey, and Iran) as representing the Middle East. The Ministry of Foreign Affairs and official Chinese publications refer to this region as Xiya beifei (West Asia and North Africa). China sees the Middle East as an intrinsic part of its Belt and Road Initiative (BRI), and has ramped up investment in the region accordingly, focusing on energy (including nuclear power), infrastructure construction, agriculture, and finance. This book uses the BRI as a framework for analyzing ChinaMiddle East relations, with special emphasis on the PRCs strategic partnerships via regional mutual interdependency in various sectors such as energy, infrastructure building, political ties, trade and investment, financial integration, people to people bonding, and defense. A stable Middle East region is vital for Chinas sustainable growth and continued prosperity. As the worlds largest oil consumer with an ambition to expand its economic and political influence, the Middle Easts geostrategic location and holder of most of the worlds known energy resources make it indispensable to the success of the Belt and Road Initiative.

China Steps Out

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Publisher : Routledge
ISBN 13 : 1315472635
Total Pages : 438 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis China Steps Out by : Joshua Eisenman

Download or read book China Steps Out written by Joshua Eisenman and published by Routledge. This book was released on 2018-01-12 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are Beijing’s objectives towards the developing world and how they have evolved and been pursued over time? Featuring contributions by recognized experts, China Steps Out analyzes and explains China’s strategies in Southeast Asia, Central Asia, South Asia, Africa, Middle East, and Latin America, and evaluates their effectiveness. This book explains how other countries perceive and respond to China’s growing engagement and influence. Each chapter is informed by the functionally organized academic literature and addresses a uniform set of questions about Beijing’s strategy. Using a regional approach, the authors are able to make comparisons among regions based on their economic, political, military, and social characteristics, and consider the unique features of Chinese engagement in each region and the developing world as a whole. China Steps Out will be of great interest to students and scholars of Chinese foreign policy, comparative political economy, and international relations.

Chinese Foreign Policy Toward the Middle East

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Author :
Publisher : Routledge
ISBN 13 : 1000437272
Total Pages : 209 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Chinese Foreign Policy Toward the Middle East by : Kadir Temiz

Download or read book Chinese Foreign Policy Toward the Middle East written by Kadir Temiz and published by Routledge. This book was released on 2021-09-30 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how the rise of China has influenced its cross-regional foreign policy toward non-Arab countries in the Middle East between 2001 and 2011. Analyzing contemporary international crises in the Middle East such as the Iran nuclear crisis, the Palestinian–Israeli conflict, and the Cyprus question, the volume draws on daily newspapers published in Chinese, Turkish, and English and official documents as primary sources. The examined period is critical to understand China’s aggressive and more attractive foreign policy dynamism in the following years. All the bilateral relations China has developed in the Middle East during these years was a preparation for the next big step toward China’s rising influence in the region and the world. Utilizing the framework of debates on the rise of China in international relations literature, the volume focuses on political, economic, and military aspects of the power transition. Claiming that China’s foreign policy toward the Middle East can be defined as "active pragmatism," the "non-Arab" conceptualization provides a new understanding of China’s traditional Middle Eastern foreign policies. The study assesses fieldwork carried out in Beijing and Shanghai, and Chinese sources that are critical in understanding both official and academic perspectives. The book is a key resource for students, academics and analysts interested in China and the Middle East relations, foreign policy, and politics, as well as for contemporary political historians.

The Red Star and the Crescent

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Publisher : Oxford University Press
ISBN 13 : 0190911735
Total Pages : pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis The Red Star and the Crescent by : James Reardon-Anderson

Download or read book The Red Star and the Crescent written by James Reardon-Anderson and published by Oxford University Press. This book was released on 2018-04-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Red Star and the Crescent provides an in-depth and multi-disciplinary analysis of the evolving relationship between China and the Middle East. Despite its increasing importance, very few studies have examined this dynamic, deepening, and multi-faceted nexus. James Reardon- Anderson has sought to fill this critical gap. The volume examines the "big picture" of international relations, then zooms in on case studies and probes the underlying domestic factors on each side. Reardon- Anderson tackles topics as diverse as China's security strategy in the Middle East, its military relations with the states of the region, its role in the Iran nuclear negotiations, the Uyghur question, and the significance and consequences of the Silk Road strategy. A comprehensive study of the changing forces driving one of the world's most important strategic, economic and cultural relationships

China and the Persian Gulf

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Publisher : Liverpool University Press
ISBN 13 : 1782846719
Total Pages : 262 pages
Book Rating : 4.7/5 (828 download)

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Book Synopsis China and the Persian Gulf by : Dr. Mordechai Chaziza

Download or read book China and the Persian Gulf written by Dr. Mordechai Chaziza and published by Liverpool University Press. This book was released on 2019-11-14 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since China announced the Belt and Road Initiative (BRI) in 2013, the Gulf States have regarded it as a means for diversifying their national economies in order to reduce dependence on oil revenues and to achieve their national development strategy. The Persian Gulf region has a significant role in the successful implementation of BRI. Emerging strategic, diplomatic and financial partnerships will enable China to control the flow of its exports to world markets. The BRI has five major goals: Policy coordination, facilities connectivity, free trade, financial integration, and people-to-people bonds. Facilities connectivity, which focuses on transportation and energy infrastructure, is the initiatives priority. The integration between the national development plans of Gulf monarchies, the economic reconstruction plans of Iraq and Iran, and the new economic goals of Saudi Arabia, with Chinas Belt and Road vision have converged to bring forward opportunities. The implementation of the new Silk Road strategy will unleash a regional infrastructure boom by connecting China with Asia, Europe, and Africa by land and sea, boosting renminbi internationalization. Nevertheless, there are challenges that could complicate the envisaged bilateral partnerships. Saudi Arabia: The strategic synergy between the BRI and Saudi Vision 2030 has forged a joint economic development path, but external conflicts (Yemen, Iran) could derail plans. Iran: While Tehran has a special geographical status in West Asia, Washingtons decision to withdraw from the Iran nuclear agreement might create Sino-Iranian trade barriers. The UAE: In July 2018 bilateral relations were elevated to a comprehensive strategic partnership. The synergy between the BRI and UAE Vision 2021 is multifaceted trade, energy, infrastructure and logistics, financial services, military ties, tourism and cultural cooperation but very complex. Most of the Gulf States are governed by monarchies, are at the primary stage of industrialization, and are susceptible to US and European influence. The challenges Chinas ascendancy poses for the US, and the inevitable geopolitical fight back, in conjunction with Gulf regional turbulence, mean that the BRI project will face substantive challenges in the years ahead.

New Chinese Migrations

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Publisher : Routledge
ISBN 13 : 1351670565
Total Pages : 232 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis New Chinese Migrations by : Yuk Wah Chan

Download or read book New Chinese Migrations written by Yuk Wah Chan and published by Routledge. This book was released on 2017-11-07 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rapid economic development of China and the overall shift in the global political economy, there is now the emergence of new Chinese on the move. These new Chinese migrants and diasporas are pioneers in the establishment of multiple homes in new geographical locations, the development of new (global and hybrid) Chinese identities, and the creation of new (political, economic and social) inspirations through their mobile lives. This book identifies and examines new forms and paths of Chinese migration since the 1980s. It provides updated trends of migration movements of the Chinese, including their emergent geographies. With chapters highlighting the diversities and complexities of these new waves of Chinese migration, this volume offers novel insights to enrich our understanding of Asian mobility in the late 20th and early 21st centuries. The book will be of interest to academics examining migration, mobility, diaspora, Chinese identity, overseas Chinese studies and Asian diaspora studies.

Islamism and Cultural Expression in the Arab World

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Publisher : Routledge
ISBN 13 : 1317537815
Total Pages : 278 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Islamism and Cultural Expression in the Arab World by : Abir Hamdar

Download or read book Islamism and Cultural Expression in the Arab World written by Abir Hamdar and published by Routledge. This book was released on 2015-04-10 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whereas most studies of Islamism focus on politics and religious ideology, this book analyses the ways in which Islamism in the Arab world is defined, reflected, transmitted and contested in a variety of creative and other cultural forms. It covers a range of contexts of production and reception, from the early twentieth century to the present, and with reference to cultural production in and/or about Morocco, Algeria, Tunisia, Egypt, Yemen, the Gulf, Lebanon and Israel/Palestine. The material engaged with is produced in Arabic, English and French and includes fiction, autobiography, feature films, television series, television reportage, the press, rap music and video games. Throughout, the book highlights the multiple forms and contested interpretations of Islamism in the Arab world, exploring trends and tensions in the ways Islamism is represented to (primarily) Arab audiences and complicating simplistic perspectives on this phenomenon. The book considers repeated and idiosyncratic themes, modes of characterisation, motifs, structures of feeling and forms of engagement, in the context of an ongoing struggle for symbolic power in the region.

Multidimensional Diplomacy of Contemporary China

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Publisher : Lexington Books
ISBN 13 : 0739139967
Total Pages : 330 pages
Book Rating : 4.7/5 (391 download)

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Book Synopsis Multidimensional Diplomacy of Contemporary China by : Simon Shen

Download or read book Multidimensional Diplomacy of Contemporary China written by Simon Shen and published by Lexington Books. This book was released on 2012-07-10 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multidimensional Diplomacy of Contemporary China covers the interaction between China's multidimensional dealings with various parts of the world in the 21st century. Covering from the ancient Taoism and a new growing 'harmonious international order' in the formation of contemporary Chinese foreign policy, scholars and students studying Chinese politics and society, Chinese diplomacy as well as international relations should find this book useful and insightful for their studies.

GCC Hydrocarbon Economies and COVID

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Publisher : Springer Nature
ISBN 13 : 9811954623
Total Pages : 330 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis GCC Hydrocarbon Economies and COVID by : Nikolay Kozhanov

Download or read book GCC Hydrocarbon Economies and COVID written by Nikolay Kozhanov and published by Springer Nature. This book was released on 2023-01-21 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book considers the impact of COVID-19 on the GCC member states through the prism of challenges faced by their hydrocarbon sector. Yet, the publication’s discourse is not solely focused on the problems experienced by the oil and gas industries of the GCC member states after the beginning of the COVID pandemic. Instead, the contributors will analyze how these challenges and subsequent response to them affected other aspects of the GCC socio-economic and political development, from direct impact of the COVID on the energy sector of the GCC to socio-economic consequences of the oil market crisis for the region and its potential fallouts for the international relations of the Gulf.

The Communist Movement in the Arab World

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Publisher : Routledge
ISBN 13 : 1134275358
Total Pages : 220 pages
Book Rating : 4.1/5 (342 download)

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Book Synopsis The Communist Movement in the Arab World by : Tareq Y. Ismael

Download or read book The Communist Movement in the Arab World written by Tareq Y. Ismael and published by Routledge. This book was released on 2004-12-22 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the communist movement in the Arab world from the time of the Russian revolution until after the collapse of the Soviet Union. It traces the interaction of the world communist movement which was characterized by an uncritical acceptance of Marxism-Leninism, and local communists, who moved from initial dependence on Moscow to a position more adapted to local circumstances and sensitivities that could be characterized as a distinctive 'Arab communism'. It goes on to trace the impact of 'Arab communism' on a range of issues in the region, arguing that the role of Arab communist parties was highly significant, and disproportionate to the relatively small numbers of communists in the countries concerned.

After the Sheikhs

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Publisher : Oxford University Press
ISBN 13 : 019024450X
Total Pages : 317 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis After the Sheikhs by : Christopher Davidson

Download or read book After the Sheikhs written by Christopher Davidson and published by Oxford University Press. This book was released on 2015 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Gulf monarchies (Saudi Arabia and its five smaller neighbours: the United Arab Emirates, Kuwait, Qatar, Oman, and Bahrain) have long been governed by highly autocratic and seemingly anachronistic regimes. Yet despite bloody conflicts on their doorsteps, fast-growing populations, and powerful modernising and globalising forces impacting on their largely conservative societies, they have demonstrated remarkable resilience. Obituaries for these traditional monarchies have frequently been penned, but even now these absolutist, almost medieval, entities still appear to pose the same conundrum as before: in the wake of the 2011 Arab Spring and the fall of incumbent presidents in Egypt, Tunisia, and Libya, the apparently steadfast Gulf monarchies have, at first glance, re-affirmed their status as the Middle East s only real bastions of stability. In this book, however, noted Gulf expert Christopher Davidson contends that the collapse of these kings, emirs, and sultans is going to happen, and was always going to. While the revolutionary movements in North Africa, Syria, and Yemen will undeniably serve as important, if indirect, catalysts for the coming upheaval, many of the same socio-economic pressures that were building up in the Arab republics are now also very much present in the Gulf monarchies. It is now no longer a matter of if but when the West s steadfast allies fall. This is a bold claim to make but Davidson, who accurately forecast the economic turmoil that afflicted Dubai in 2009, has an enviable record in diagnosing social and political changes afoot in the region.

Routledge Handbook on China - Middle East Relations

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Author :
Publisher : Routledge
ISBN 13 : 9780367472702
Total Pages : 424 pages
Book Rating : 4.4/5 (727 download)

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Book Synopsis Routledge Handbook on China - Middle East Relations by : Jonathan Fulton

Download or read book Routledge Handbook on China - Middle East Relations written by Jonathan Fulton and published by Routledge. This book was released on 2021-12-31 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook brings together a mix of established and emerging international scholars to provide valuable analytical insights as to how China's growing Middle East presence affects intra-regional development, trade, security, and diplomacy. As the largest extra-regional economic actor in the Middle East, China is the biggest source of foreign direct investment into the region and the largest trading partner for most Middle Eastern states. This portends a larger role in political and security affairs, as the value of Chinese assets combined with a growing expatriate population in the region demand a more proactive role in contributing to regional order. Exploring the effect of these developments, the expert contributors also consider the reverberations in great power politics, as the U.S.A., Russia, India, Japan, and the European Union also have considerable interests in the region. The book is divided into four sections: - historical and policy context - state and regional case studies - trade and development - international relations, security and diplomacy This volume is an essential reference for scholars and policy makers in the fields of international relations, political sociology, international political economy, and foreign policy analysis. Area studies specialists in Middle Eastern Studies, China Studies, and East Asian Studies will also find it an invaluable resource.

Multilateral Approach In China's Foreign Policy

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Author :
Publisher : World Scientific
ISBN 13 : 9813221127
Total Pages : 704 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Multilateral Approach In China's Foreign Policy by : Cheng Joseph Yu-shek

Download or read book Multilateral Approach In China's Foreign Policy written by Cheng Joseph Yu-shek and published by World Scientific. This book was released on 2017-12-21 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the mid-1990s, the Chinese authorities have gradually come to embrace multilateralism to realize their basic foreign policy objectives in maintaining a peaceful international environment and enhancing China's international status and influence. This embrace is largely based on pragmatic considerations. There is no denial, however, that elements of liberalism and constructivism gradually enter into the considerations of Chinese leaders. They accept, for example, that non-traditional security issues can only be tackled through genuine multilateralism. This volume carefully examines China's increased participation in multilateral organizations and mechanisms and its efforts to initiate and develop its own discourses on global affairs straddling Asia, the Middle East, Africa and the Latin American continents. China's presence in international multilateral organizations has been providing developing countries a better chance to maintain a balance of power. Since China has no ambitious plan to transform the existing international order, its increasing enthusiastic engagement of multilateralism is likely to be accepted by the international community. Contents: PrefaceAbout the AuthorList of TablesAcronyms and AbbreviationsMultilateralism — Theoretical Issues and China's Approach in Foreign PolicyChina in Asia: China's Asian Policy in the Early Twenty-First Century: Adjusting to its Increasing StrengthChina's Regional Strategy and Challenges in East AsiaChina's ASEAN Policy in the 1990s: Pushing for Regional Multi-polarityThe Path of Least Resistance: China's Way of Engagement in Southeast AsiaThe ASEAN-China Free Trade Area — Success or Failure? A Preliminary Evaluation Based on Econometric EvidenceChina-ASEAN Economic Co-Operation and the Role of ProvincesChina and the World: The Shanghai Co-Operation Organisation: China's Initiative in Regional Institutional BuildingChina's Approach to Shanghai Co-operation Organisation: Institutional Building, Economic Co-operation and the Challenge from AfghanistanChina's Relations with the Gulf Co-operation Council States: Multi-level Diplomacy in a Divided Arab WorldChina's Approach to BRICSLatin America in China's Contemporary Foreign PolicyChina's African Policy in the Post-Cold War EraBibliographyIndex Readership: Policymakers, academics, professionals, undergraduate and graduate students interested in China's foreign policy. Keywords: Multilateralism;China;Foreign Policy;International RelationsReview: Key Features: It is a valuable reference book for undergraduate students, postgraduate students and scholars in the fields of China's foreign policy and international relations in the Asia-PacificIt is a most up-to-date account of China's approaches to its most significant multilateral regional organizations and forumsIn view of China's importance in international politics and economy, it is important to understand its policy