Economics Books

“ Fascinating, shrewd . . . The book deftly traces the rhythms and patterns of Chinese history. ” —Michiko Kakutani, The New York Times“No one can lay claim to so much influence on the shaping of foreign policy over the past 50 years as Henry Kissinger.” — The Financial TimesIn this sweeping and insightful history, Henry Kissinger turns for the first time at book length to a country he has known intimately for decades and whose modern relations with the West he helped shape. On China illuminates the inner workings of Chinese diplomacy during such pivotal events as the initial encounters between China and tight line modern European powers, the formation and breakdown of the Sino-Soviet alliance, the Korean War, and Richard Nixon’s historic trip to Beijing. With a new final chapter on the emerging superpower’s twenty-first-century role in global politics and economics, On China provides historical perspective on Chinese foreign affairs from one of the premier statesmen of our time.

There are two broad schools of thought on why the West rules. Proponents of 'Long-Term Lock-In' theories such as Jared Diamond suggest that from time immemorial, some critical factor - geography, climate, or culture perhaps - made East and West unalterably different, and determined that the industrial revolution would happen in the West and push it further ahead of the East. But the East led the West between 500 and 1600, so this development can't have been inevitable; and so proponents of 'Short-Term Accident' theories argue that Western rule was a temporary aberration that is now coming to an end, with Japan, China, and India resuming their rightful places on the world stage. However, as the West led for 9,000 of the previous 10,000 years, it wasn't just a temporary aberration. So, if we want to know why the West rules, we need a whole new theory. Ian Morris, boldly entering the turf of Jared Diamond and Niall Ferguson, provides the broader approach that is necessary, combining the textual historian's focus on context, the anthropological archaeologist's awareness of the deep past, and the social scientist's comparative methods to make sense of the past, present and future - in a way no one has ever done before.

Since its founding in 1967, the Association of Southeast Asian Nations has been an increasingly large part of the life of Southeast Asia, although most people in the region know very little about it. ASEAN has helped bring peace and stability to the region. It has successfully engaged the world's major powers, in East Asia and beyond. ASEAN has taken steps to integrate the regional economy as an important means of cooperatively improving the region's competitiveness, attracting investments, generating jobs, raising incomes, and lowering costs and prices. ASEAN has also formed networks for dealing with regional problems like communicable diseases, environmental degradation, and transnational crime. An essential part of the Southeast Asia Background Series, this book seeks to shed some light on what ASEAN is all about.

China's Communist Party is the largest, most powerful political machine in the world. Here, for the first time, Richard McGregor delves deeply into its inner sanctum, revealing how this secretive cabal keeps control of every aspect of the country - its military and media, legal system and businesses, even its religious organizations. How has the Party merged Marx, Mao and the market to create a global superpower? And what does this mean for the world?

By the mid-1990s, American trade with the Pacific nations--Japan, China, Taiwan, Korea, the Philippines, Australia, and others--will be twice as large as our commerce with countries across the Atlantic. Now one of America's most distinguished Asia scholars examines the history and development of the Pacific nations and makes clear America's stake in this region. 200 photographs.

This book, by a distinguished Japanese economist now resident in the West, offers a new interpretation of the current success of the Japanese economy. By placing the rise of Japan in the context of its historical development, Michio Morishima shows how a strongly-held national ethos has interacted with religious, social and technological ideas imported from elsewhere to produce highly distinctive cultural traits. While Professor Morishima traces the roots of modern Japan back as far as the introduction of Confucianism, Taoism and Buddhism from China in the sixth century, he concentrates his observations on the last 120 years during which Japan has had extensive contacts with the West. He describes the swift rise of Japan to the status of a first-rate power following the Meiji Revolution after 1867, in which Japan broke with a long history of isolationism, and which paved the way for the adoption of Western technology and the creation of a modern Western-style nation state; and a similarly meteoric rise from the devastation of the Second World War to Japan's present position. A range of factors in Japan's economic success are analysed: her characteristic dualistic social structure - corresponding to the divide between large and medium/small enterprises - the relations of government and big business, the poor reception of liberalism and individualism, and the strength of the Japanese nationalism. Throughout, Professor Morishima emphasises the importance of the role played in the creation of Japanese capitalism by ethical doctrines as transformed under Japanese conditions, especially the Japanese Confucian tradition of complete loyalty to the firm and to the state. This account, which makes clear the extent to which the economic rise of Japan is due to factors unique to its historical traditions, will be of interest to a wide general readership as well as to students of Japan and its history.

This study tells the history of J. Henry Schroder Wagg & Co from its founding in 1818 by John Henry Schroder, a Hamburg merchant, through difficult times in the international slump of the early 1930s, to its rise as one of the largest and most prestigious of city firms in London today.;Richard Roberts sets the firm's evolution as a business in the context of the evolution of international finance and merchant banking over the last two centuries. The role of London as an international and domestic financial centre is a key theme. The book is based on the firm's own records, complemented by archival researches in the UK, USA and Germany.

Henry Kissinger offers in World Order a deep meditation on the roots of international harmony and global disorder. Drawing on his experience as one of the foremost statesmen of the modern era—advising presidents, traveling the world, observing and shaping the central foreign policy events of recent decades—Kissinger now reveals his analysis of the ultimate challenge for the twenty-first century: how to build a shared international order in a world of divergent historical perspectives, violent conflict, proliferating technology, and ideological extremism.There has never been a true “world order,” Kissinger observes. For most of history, civilizations defined their own concepts of order. Each considered itself the center of the world and envisioned its distinct principles as universally relevant. China conceived of a global cultural hierarchy with the Emperor at its pinnacle. In Europe, Rome imagined itself surrounded by barbarians; when Rome fragmented, European peoples refined a concept of an equilibrium of sovereign states and sought to export it across the world. Islam, in its early centuries, considered itself the world’s sole legitimate political unit, destined to expand indefinitely until the world was brought into harmony by religious principles. The United States was born of a conviction about the universal applicability of democracy—a conviction that has guided its policies ever since.Now international affairs take place on a global basis, and these historical concepts of world order are meeting. Every region participates in questions of high policy in every other, often instantaneously. Yet there is no consensus among the major actors about the rules and limits guiding this process, or its ultimate destination. The result is mounting tension.Grounded in Kissinger’s deep study of history and his experience as National Security Advisor and Secretary of State, World Order guides readers through crucial episodes in recent world history. Kissinger offers a unique glimpse into the inner deliberations of the Nixon administration’s negotiations with Hanoi over the end of the Vietnam War, as well as Ronald Reagan’s tense debates with Soviet Premier Gorbachev in Reykjavík. He offers compelling insights into the future of U.S.–China relations and the evolution of the European Union, and examines lessons of the conflicts in Iraq and Afghanistan. Taking readers from his analysis of nuclear negotiations with Iran through the West’s response to the Arab Spring and tensions with Russia over Ukraine, World Order anchors Kissinger’s historical analysis in the decisive events of our time.Provocative and articulate, blending historical insight with geopolitical prognostication, World Order is a unique work that could come only from a lifelong policymaker and diplomat.