Economic Effects of Political Shocks to Sino-Japanese Relations (2005-2014)

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Publisher : Springer
ISBN 13 : 3658266597
Total Pages : 156 pages
Book Rating : 4.6/5 (582 download)

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Book Synopsis Economic Effects of Political Shocks to Sino-Japanese Relations (2005-2014) by : Franziska Schultz

Download or read book Economic Effects of Political Shocks to Sino-Japanese Relations (2005-2014) written by Franziska Schultz and published by Springer. This book was released on 2019-06-10 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diplomatic issues, i.e. the textbook discussion, the Yasukuni debate, and the Senkaku/Diaoyu Islands dispute cause political shocks to Japan-China relations, but economic exchange is maintained. Franziska Schultz discusses political shocks within bilateral relations, analyzing shocks in 2005, 2010 and 2012 causing economic spillovers, such as boycotts, property damage and decreasing numbers of Chinese tourists to Japan. The correlation of monthly trade data with political conflict values (2005-2014) created by the author is analyzed with a vector autoregression (VAR) model. A qualitative content analysis of reports by the Japan-China Economic Association (1981-2015) according to Früh (2011) evaluates whether spillovers play a role for Japanese economic actors involved in China business.

Sino-Japanese Relations

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Author :
Publisher : Routledge
ISBN 13 : 1351377620
Total Pages : 106 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis Sino-Japanese Relations by : Laura Newby

Download or read book Sino-Japanese Relations written by Laura Newby and published by Routledge. This book was released on 2018-02-21 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1988, analyses the economic changes that China and Japan underwent in the 1980s – changes that not only underlined, but also added to, the complexity of the relationship between these two important Asian powers. China saw a key role for Japan in its modernization plans, but was disappointed by the unbalanced economic partnership formed. Japan moved towards a higher political profile, but did not find it easy to manage politico-strategic issues with China. The evolution of the relationship is of crucial importance not only to regional stability and development but also to broader Western interests in Asia.

Sino-Japanese Relations

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Publisher :
ISBN 13 : 9789185473304
Total Pages : 89 pages
Book Rating : 4.4/5 (733 download)

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Book Synopsis Sino-Japanese Relations by : Eric Teo Chu Cheow

Download or read book Sino-Japanese Relations written by Eric Teo Chu Cheow and published by . This book was released on 2007 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Silk Road paper is an analysis of four determinants which will ultimately shape the final reconciliation between Asia's two giants. The first part analyzes the tumultuous history between China and Japan over the past 3,000 years, with special emphasis on the T'ang-Nara, Yuan-Hei'an and the Qing-Meiji periods of Sino-Japanese history before the two catastrophic wars between them in 1894-95 and 1931-1945, the spectacular reconciliation of 1972 and the present-day ups and downs in contemporary politics between Beijing and Tokyo. The second part looks at how political determinants may ultimately dominate economic determinism. It is believed that although economic determinism, which is very much a part of the Western liberal thinking in conflict management and resolution, may be important to prevent conflicts, it will most probably not seal an ultimate Sino-Japanese reconciliation; political determinants will remain the ultimate key. The third part looks at how two seemingly extraneous, yet crucial issues could have an enormous impact on the future direction of Sino-Japanese rapprochement, the Korean and Taiwan issues. These two issues have been historically intertwined with the history and emotions of Sino-Japanese relations, and will continue to be so as long as these issues are not ultimately resolved. Lastly, Sino-Japanese relations must also be seen from a wider perspective of the strategic geo-political rivalry between Tokyo and Beijing in Asia and the ensuing tectonic shift of alliances in the Asia-Pacific. China's advances into Southeast Asia to the detriment of Japan, Beijing's growing tussle (concomitant cooperation and rivalry) with the United States in the world (with Japan firmly on the American side) and the place of both China and Japan in the post-Kuala Lumpur East Asia Summit held on 14 December 2005 all constitute important factors in this important tectonic shift, which would in turn also dictate the pace of an ultimate Sino-Japanese reconciliation.

Globalization and Civil Society in East Asian Space

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Publisher : Taylor & Francis
ISBN 13 : 100083042X
Total Pages : 281 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis Globalization and Civil Society in East Asian Space by : Khatharya Um

Download or read book Globalization and Civil Society in East Asian Space written by Khatharya Um and published by Taylor & Francis. This book was released on 2022-12-30 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically examines the impact of globalization, changing power dynamics, migration, and evolving rights regimes on regional order, discourse of national governance, state and society relations, and the development of civil society in East Asia. Providing a textured, critical reading of East Asia as an economically, socially, and politically dynamic region, this book also presents the region as one shaped simultaneously by progressive as well as regressive pulls. Attentive to prevailing issues as well as to states’ and civil societies’ responses to them, it focuses on changing societies and politics in East Asia, particularly on shifting notions of citizenship, nationhood, and peoplehood. The contributions feature new and timely conclusions drawn from multidisciplinary fields including law, public policy, sociology, Asian studies, gender, sexuality, and ethnic studies and include direct testimonies from citizens of East and Southeast Asia. Globalization and Civil Society in East Asian Space will appeal to students and scholars of sociology, political science, and Asian studies more broadly.

China–Japan Relations after World War Two

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Publisher : Cambridge University Press
ISBN 13 : 1316668517
Total Pages : pages
Book Rating : 4.3/5 (166 download)

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Book Synopsis China–Japan Relations after World War Two by : Amy King

Download or read book China–Japan Relations after World War Two written by Amy King and published by Cambridge University Press. This book was released on 2016-06-06 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A rich empirical account of China's foreign economic policy towards Japan after World War Two, drawing on hundreds of recently declassified Chinese sources. Amy King offers an innovative conceptual framework for the role of ideas in shaping foreign policy, and examines how China's Communist leaders conceived of Japan after the war. The book shows how Japan became China's most important economic partner in 1971, despite the recent history of war and the ongoing Cold War divide between the two countries. It explains that China's Communist leaders saw Japan as a symbol of a modern, industrialised nation, and Japanese goods, technology and expertise as crucial in strengthening China's economy and military. For China and Japan, the years between 1949 and 1971 were not simply a moment disrupted by the Cold War, but rather an important moment of non-Western modernisation stemming from the legacy of Japanese empire, industry and war in China.

International Macroeconomics in the Wake of the Global Financial Crisis

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Publisher : Springer
ISBN 13 : 3319790757
Total Pages : 298 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis International Macroeconomics in the Wake of the Global Financial Crisis by : Laurent Ferrara

Download or read book International Macroeconomics in the Wake of the Global Financial Crisis written by Laurent Ferrara and published by Springer. This book was released on 2018-06-13 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.

The Effects of Monetary Policy Shocks on Inequality

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475568355
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Effects of Monetary Policy Shocks on Inequality by : Davide Furceri

Download or read book The Effects of Monetary Policy Shocks on Inequality written by Davide Furceri and published by International Monetary Fund. This book was released on 2017-01-18 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new evidence of the effect of monetary policy shocks on income inequality. Using a measure of unanticipated changes in policy rates for a panel of 32 advanced and emerging market countries over the period 1990-2013, the paper finds that contractionary (expansionary) monetary actions increase (reduce) income inequality. The effect, however, varies over time, depending on the type of the shocks (tightening versus expansionary monetary policy) and the state of the business cycle, and across countries depending on the share of labor income and redistribution policies. In particular, we find that the effect is larger for positive monetary policy shocks, especially during expansions. Looking across countries, we find that the effect is larger in countries with higher labor share of income and smaller redistribution policies. Finally, while an unexpected increase in policy rates increases inequality, changes in policy rates driven by an increase in growth are associated with lower inequality.

China’s Grand Strategy

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Publisher : Rand Corporation
ISBN 13 : 1977404200
Total Pages : 155 pages
Book Rating : 4.9/5 (774 download)

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Book Synopsis China’s Grand Strategy by : Andrew Scobell

Download or read book China’s Grand Strategy written by Andrew Scobell and published by Rand Corporation. This book was released on 2020-07-27 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.

Japan's International Relations

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Publisher : Routledge
ISBN 13 : 1134328052
Total Pages : 680 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis Japan's International Relations by : Glenn D. Hook

Download or read book Japan's International Relations written by Glenn D. Hook and published by Routledge. This book was released on 2013-01-11 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new edition of this comprehensive and user-friendly textbook provides a single volume resource for all those studying Japan's international relations.

Global Trends 2040

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Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.7/5 (949 download)

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Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

The Long Game

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Publisher : Oxford University Press
ISBN 13 : 0197527876
Total Pages : 433 pages
Book Rating : 4.1/5 (975 download)

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Book Synopsis The Long Game by : Rush Doshi

Download or read book The Long Game written by Rush Doshi and published by Oxford University Press. This book was released on 2021-06-11 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.

Regulatory Cycles: Revisiting the Political Economy of Financial Crises

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Publisher : International Monetary Fund
ISBN 13 : 1484337743
Total Pages : 89 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Regulatory Cycles: Revisiting the Political Economy of Financial Crises by : Jihad Dagher

Download or read book Regulatory Cycles: Revisiting the Political Economy of Financial Crises written by Jihad Dagher and published by International Monetary Fund. This book was released on 2018-01-15 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial crises are traditionally analyzed as purely economic phenomena. The political economy of financial booms and busts remains both under-emphasized and limited to isolated episodes. This paper examines the political economy of financial policy during ten of the most infamous financial booms and busts since the 18th century, and presents consistent evidence of pro-cyclical regulatory policies by governments. Financial booms, and risk-taking during these episodes, were often amplified by political regulatory stimuli, credit subsidies, and an increasing light-touch approach to financial supervision. The regulatory backlash that ensues from financial crises can only be understood in the context of the deep political ramifications of these crises. Post-crisis regulations do not always survive the following boom. The interplay between politics and financial policy over these cycles deserves further attention. History suggests that politics can be the undoing of macro-prudential regulations.

The Global Economic Crisis and Its Implications for Asian Economic Cooperation

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Global Economic Crisis and Its Implications for Asian Economic Cooperation by : Michael G. Plummer

Download or read book The Global Economic Crisis and Its Implications for Asian Economic Cooperation written by Michael G. Plummer and published by . This book was released on 2009 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Powerful Patriots

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Publisher : Oxford University Press
ISBN 13 : 0199387559
Total Pages : 361 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis Powerful Patriots by : Jessica Chen Weiss

Download or read book Powerful Patriots written by Jessica Chen Weiss and published by Oxford University Press. This book was released on 2014 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: What role do nationalism and popular protest play in China's foreign relations? Chinese authorities permitted anti-American demonstrations in 1999 but repressed them in 2001 during two crises in U.S.-China relations. Anti-Japanese protests were tolerated in 1985, 2005, and 2012 but banned in 1990 and 1996. Protests over Taiwan, the issue of greatest concern to Chinese nationalists, have never been allowed. To explain this variation, Powerful Patriots identifies the diplomatic as well as domestic factors that drive protest management in authoritarian states. Because nationalist protests are costly to repress and may turn against the government, allowing protests demonstrates resolve and makes compromise more costly in diplomatic relations. Repressing protests, by contrast, sends a credible signal of reassurance, facilitating diplomatic flexibility. Powerful Patriots traces China's management of dozens of nationalist protests and their consequences between 1985 and 2012. -- Provided by publisher

Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics

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Publisher : International Monetary Fund
ISBN 13 : 1557759677
Total Pages : 36 pages
Book Rating : 4.5/5 (577 download)

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Book Synopsis Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics by : Seungho Jung

Download or read book Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics written by Seungho Jung and published by International Monetary Fund. This book was released on 2021-10-22 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has experienced large and unpredictable geopolitical swings that originate from North Korea. To do so, a monthly index of geopolitical risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the occurrence of nuclear tests, missile launches, or military confrontations, and decreases significantly around the times of summit meetings or multilateral talks. Using firm-level data, we find that heightened geopolitical risk reduces stock returns, and that the reductions in stock returns are greater especially for large firms, firms with a higher share of domestic investors, and for firms with a higher ratio of fixed assets to total assets. These results suggest that international portfolio diversification and investment irreversibility are important channels through which geopolitical risk affects stock returns.

The Making of an Economic Superpower

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Publisher : World Scientific
ISBN 13 : 9814733741
Total Pages : 336 pages
Book Rating : 4.8/5 (147 download)

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Book Synopsis The Making of an Economic Superpower by : Yi Wen

Download or read book The Making of an Economic Superpower written by Yi Wen and published by World Scientific. This book was released on 2016-05-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current "backward" financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream "blackboard" economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself. Contents: IntroductionKey Steps Taken by China to Set Off an Industrial RevolutionShedding Light on the Nature and Cause of the Industrial RevolutionWhy is China's Rise Unstoppable?Wha's Wrong with the Washington Consensus and the Institutional Theories?Case Study of Yong Lian: A Poor Village's Path to Becoming a Modern Steel TownConclusion: A New Stage Theory of Economic Development Readership: Academics, undergraduate and graduates students, journalists and professionals interested in economic development, the history of the Industrial Revolution, and especially China's economic transformation and industrial growth, as well as the political economy of governance.

The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475535783
Total Pages : 43 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa by : Mr.Bjoern Rother

Download or read book The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa written by Mr.Bjoern Rother and published by International Monetary Fund. This book was released on 2016-09-16 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, the Middle East and North Africa region (MENA) has experienced more frequent and severe conflicts than in any other region of the world, exacting a devastating human toll. The region now faces unprecedented challenges, including the emergence of violent non-state actors, significant destruction, and a refugee crisis bigger than any since World War II. This paper raises awareness of the economic costs of conflicts on the countries directly involved and on their neighbors. It argues that appropriate macroeconomic policies can help mitigate the impact of conflicts in the short term, and that fostering higher and more inclusive growth can help address some of the root causes of conflicts over the long term. The paper also highlights the crucial role of external partners, including the IMF, in helping MENA countries tackle these challenges.