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Social Trust and Economic Development

The Case of South Korea

O. Yul Kwon

In just one generation, South Korea has transformed from a recipient of foreign aid to a member of the G20. In this informative book, South Korea is used as a case by which to explore and illustrate specific issues arising from the complex relationships between the nation’s economic development and society.
Open access

Yasuyuki Sawada

Open access

Edited by Elisabetta Gentile

Open access

Edited by Elisabetta Gentile

Open access

Skilled Labor Mobility and Migration

Challenges and Opportunities for the ASEAN Economic Community

Edited by Elisabetta Gentile

One of the primary objectives of the ASEAN Economic Community (AEC), established in 2015, was to boost skilled labor mobility within the region. This insightful book takes stock of the existing trends and patterns of skilled labor migration in the ASEAN. It endeavors to identify the likely winners and losers from the free movement of natural persons within the region through counterfactual policy simulations. Finally, it discusses existing issues and obstacles through case studies, as well as other sectoral examples.
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Kenneth Boutin

China and the United States have reached a crossroads where their economic relationship is concerned, as the shared interest in economic prosperity and complementary economic strengths that provide the common ground of industrial collaboration are threatened by increasing attention to economic facets of national security. This trend is encouraging policies which potentially undermine the basis of Sino-American industrial integration. This book explores the basis, nature and impact of evolving economic security agendas in the United States and China.
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Kenneth Boutin

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Religion and Finance

Comparing the Approaches of Judaism, Christianity and Islam

Mervyn K. Lewis and Ahmad Kaleem

Judaism, Christianity and Islam all impose obligations and constraints upon the rightful use of wealth and earthly resources. All three of these religions have well-researched views on the acceptability of practices such as usury but the principles and practices of other, non-interest, financial instruments are less well known. This book examines each of these three major world faiths, considering their teachings, social precepts and economic frameworks, which are set out as a guide for the financial dealings and economic behaviour of their adherents.
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Hongjun Zhao

This chapter analyses the behavior of peasants and their households in Chinese history. It critically reviews the theory of the imbalanced ratio of population and land and discusses China’s long-term economic development from a macro perspective. The author analyses the various constraints faced by Chinese peasants and their families and uses a simple model to explain the production choice of peasant families. Evidence about the income and expenditure of representative peasant households in China’s major dynasties is then provided followed by a case study about a machine handicraft factory replaced by a Chinese traditional cotton textile handicraft workshop.

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China’s Long-Term Economic Development

How Have Economy and Governance Evolved since 500 BC?

Hongjun Zhao

This book examines the evolution of Chinese governmental governance and its long-lasting impact on Chinese economic development, firstly by examining the formation of Chinese style governance, the core contents of this governance and its vitality compared to other governance patterns in Chinese history. Secondly, this book discusses the effectiveness of this governance in supporting economic development before the Song dynasty and its failure in serving economic development during the past three to five centuries. Ultimately, Hongjun Zhao predicts the direction Chinese governance will take in the next 20 years.