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Routledge Studies in the Modern World Economy

About the Book Series

In an increasingly interdependent world, many of the most important issues are driven by economic forces. This series applies newly developed economic techniques to some of the most pressing contemporary problems. The aim of the series is to demonstrate the relevance of modern economic theory to the modern world economy, and to provide key reading for researchers and policy-makers.

145 Series Titles


Economic and Political Democracy in Complex Times History, Analysis and Policy

Economic and Political Democracy in Complex Times: History, Analysis and Policy

1st Edition

By Andrés Solimano
January 29, 2024

The concept of economic democracy is traditionally identified with workplace democracy and participation at the enterprise level. This is a very important dimension, but the concept of new economic democracy also recognizes that, in a world of increasing complexity, the principles of democratic ...

State-Owned Enterprises in the Global Economy

State-Owned Enterprises in the Global Economy

1st Edition

By Maciej Bałtowski, Grzegorz Kwiatkowski
January 29, 2024

State-owned enterprises (SOEs) combine economic activities resulting from their position on the market with non-economic functions determined by the state owner. In many of the world’s major economies, SOEs play an important role, and in some, such as China, India, Russia and Brazil, they are ...

The Future of Economic Development in the Gulf Cooperation Council States Evidence-Based Policy Analysis

The Future of Economic Development in the Gulf Cooperation Council States: Evidence-Based Policy Analysis

1st Edition

By Weshah Razzak
January 29, 2024

The Gulf Cooperation Council (GCC) countries own 30 percent of the world’s proven oil reserves and largely depend on oil for their income. Yet the GCC faces serious challenges. The global demand for oil is expected to continue declining, and the average long-run oil price could become lower than ...

The Socioeconomics of Nationalism in China Historical and Contemporary Perspectives

The Socioeconomics of Nationalism in China: Historical and Contemporary Perspectives

1st Edition

By C. Simon Fan
January 29, 2024

This book analyzes Chinese nationalism from the perspective of social economics. It posits a conceptual framework in which national status is treated as a "luxury" while material consumption is considered as a "necessity" in people’s preferences, which implies that popular nationalism tends to ...

Inequality and Public Policy Towards Visible Equality and Equal Opportunity

Inequality and Public Policy: Towards Visible Equality and Equal Opportunity

1st Edition

By Bhanoji Rao, Suresh K.G., Pundarik Mukhopadhaya
December 29, 2023

This book’s concern is with visible inequalities in housing, health, and education, and policy initiatives to address them. The authors offer readers a summary of evidence on inequalities – not only in income, gender, and wealth but also in education, health, and housing. They showcase temporal and...

Ageing and Effecting Long-term Care in China

Ageing and Effecting Long-term Care in China

1st Edition

By Sabrina Ching Yuen Luk, Hui Zhang, Peter Pok-Man Yuen
September 25, 2023

Recognizing rapidly ageing population is one key concern faced by cities and the challenge it would present to healthcare system, this book looks at ageing in China’s population as well as the delivery and financing of long-term care (LTC) in China. The book compares key features of long-term care...

Economic Policy and the Covid-19 Crisis The Macroeconomic Response in the US, Europe and East Asia

Economic Policy and the Covid-19 Crisis: The Macroeconomic Response in the US, Europe and East Asia

1st Edition

Edited By Bernadette Andreosso-O'Callaghan, Woosik Moon, Wook Sohn
May 31, 2023

This book offers an assessment of the different monetary and fiscal policy responses that have been implemented by national governments in major European and Asian countries faced with the Covid-19 crisis since 2020; it also deals with the case of the US experience as a benchmarking example. The ...

Industrial Development How States Build Capabilities and Deliver Economic Prosperity

Industrial Development: How States Build Capabilities and Deliver Economic Prosperity

1st Edition

By Greg Clydesdale
May 31, 2023

Governments are regularly judged by their ability to deliver economic prosperity, however many policies fail to deliver their desired outcomes. Industrial Development examines historical examples of how governments have attempted to build productive capabilities and promote industrial learning. ...

Asian Foreign Direct Investment in Europe

Asian Foreign Direct Investment in Europe

1st Edition

Edited By Prana Krishna Biswas, Robert Dygas
January 09, 2023

This book analyses the most recent trends in Foreign Direct Investment from the major Asian economies to the EU, focusing on China and Japan’s FDIs in the EU, and Poland in particular. The authors assert that, from a European perspective, there is a strong need for further Asian FDIs into EU ...

Economic Growth and Convergence Global Analysis through Econometric and Hidden Markov Models

Economic Growth and Convergence: Global Analysis through Econometric and Hidden Markov Models

1st Edition

By Michał Bernardelli, Mariusz Próchniak, Bartosz Witkowski
January 09, 2023

There are many different types of convergence within economics, as well as several methods to analyse each of them. This book addresses the concept of real economic convergence or the gradual levelling-off of GDP (gross domestic product) per capita rates across economies. In addition to a ...

Neoliberalism in the Emerging Economy of India The Political Economy of International Trade, Investment and Finance

Neoliberalism in the Emerging Economy of India: The Political Economy of International Trade, Investment and Finance

1st Edition

Edited By Byasdeb Dasgupta, Archita Ghosh, Bishakha Ghosh
January 09, 2023

Neoliberal economic reforms over the last four decades have altered the economic cartography of emerging market economies such as India, particularly in the context of international trade, investment and finance, and in terms of their effects on the real economy. This book examines the issues of ...

Designing Integrated Industrial Policies Volume I For Inclusive Development in Asia

Designing Integrated Industrial Policies Volume I: For Inclusive Development in Asia

1st Edition

Edited By Shigeru Thomas Otsubo, Christian Samen Otchia
May 30, 2022

This comprehensive reference work gives an overview of the industrial development and current state of industrialization and deindustrialization in Asia, specifically Southeast Asia and China. It introduces typologies of industrial policies and discusses the manufacturing sector and its evolving ...

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