Asia has already risen by most hard-power measures. But without an understanding of the downsides of Asia’s rise, the conventional narrative is incomplete, misleading, and inaccurate. Chung Min Lee explores the fundamental dichotomy that defines contemporary Asia. While the region has been an unparalleled economic success, it is also home to some of the world’s most dangerous, diverse, and divisive challenges. Contrary to prevailing wisdom, he says, Asia’s rise doesn’t mean the demise of the West. Asia’s rise over the past four decades is one of the most significant geopolitical and geoeconomic developments in world affairs as evinced by China’s, and more recently, India’s, accelerated economic growth. Yet the conventional narrative of Asia’s rise is incomplete, if not misleading, given the fundamental dichotomy that defines contemporary Asia: a region with unparalleled economic success but also home to the world’s most dangerous, diverse, and divisive security, military, and political challenges. How the strategically consequential Asian states manage to ameliorate or even overcome traditional geopolitical tinderboxes across the Taiwan Strait, the Korean Peninsula, and the Indian subcontinent and new zones of strategic competition such as the South China Sea is to going to have a profound impact on the shaping of regional order well into the 21st century.

Chiefly in Indian context.

In the region of Central Asia and South Caucasus, what is the potential for armed conflict, and how might such outbreaks escalate to a level that could involve U.S. forces? The authors evaluate the key political, economic, and societal faultlines underlying the likelihood of conflict in the region, assessing their implications for regional stability and for U.S. interests and potential involvement over the next 10 to 15 years.

This book documents experimentation with various policy and governance approaches that produce structural differences in the composition and organisation of Asia’s higher education systems. In view of the wide variation in the public and private provision of higher education, it showcases how issues of access, equity and modes of participation are addressed, how institutional and programme quality are managed and how academic labour is treated and developed. The book both maps these differences and analyses the country-level dynamics, policy approaches and the problems faced by a variety of states in Asia in the race to develop competitive higher education systems. Focusing on the intersection of governance and higher education policy, it addresses the challenges facing higher education in Asia and the national responses of governments in terms of the organisation of the sector.

Gulf stability is coming to play a larger role in the foreign policy calculus of many states, but the evolving role of Asian powers is largely under-represented in the International Relations literature. This volume addresses this gap with a set of empirically rich, theory driven case studies written by academics from or based in the countries in question. The underlying assumption is not that Asian powers have already become important security actors in the Gulf, but rather that they perceive the Gulf as a region of increasing strategic relevance. How will leaders in these countries adjust to an evolving regional framework? Will there be coordinated efforts to establish an Asian-centered approach to Gulf stability, or will Asian rivalries make the region a theater of competition? Will US–China tensions force alignment choices among Asian powers? Will Asian states balance, bandwagon, hedge, or adopt some other approach to their Gulf relationships? These questions become even more important as the western boundaries of Asia increasingly come to incorporate the Middle East. The book will appeal to scholars and students in the fields of International Relations, Security Studies, and International Political Economy, as well as area specialists on the Gulf and those working on foreign policy issues on each of the Asian countries included. Professionals in government and non-government agencies will also find it very useful. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

The five Regional Economic Outlooks published biannually by the IMF cover Asia and Pacific, Europe, the Middle East and Central Asia, Sub-Saharan Africa, and the Western Hemisphere. In each volume, recent economic developments and prospects for the region are discussed as a whole, as well as for specific countries. The reports include key data for countries in the region. Each report focuses on policy developments that have affected economic performance in the region, and discusses key challenges faced by policymakers. The near-term outlook, key risks, and their related policy challenges are analyzed throughout the reports, and current issues are explored, such as when and how to withdraw public interventions in financial systems globally while maintaining a still-fragile economic recovery.These indispensable surveys are the product of comprehensive intradepartmental reviews of economic developments that draw primarily on information the IMF staff gathers through consultation with member countries.

Inequality is one of today's greatest challenges, obstructing poverty reduction and sustainable development. As the power of elites grows and societal gaps widen, institutions representing the public good and universal values are increasingly disempowered or co-opted, and visions of social justice and equity side-lined. This book explores the roles of elites and institutions of power in the deepening of social and economic cleavages across the globe, by asking how inequalities have reshaped structures from the local to the transnational level, and what consequences they have wrought. In addition, the contributors present examples of peaceful processes of policy change that have made societies greener and more socially just, levelled out social stratification, and devolved power and resources from elites to non-elites, or towards marginalized or discriminated groups. Based on cutting-edge empirical research, the chapters in this volume bring together conceptual thinking and a number of case studies from the Global North and South, combining different levels of analysis and a range of qualitative research methods to present solutions for closing the inequality gap.

Corporate governance challenges in Asian markets have led to high-profile scandals and negative consequences for stakeholders, driven by weak governance structures, transparency deficiencies, and insufficient accountability. These issues are compounded by cultural and societal influences, emphasizing the need for a comprehensive understanding of the underlying factors at play. Cases on Uncovering Corporate Governance Challenges in Asian Markets, offers a compelling solution to address these pressing issues. Through a thorough analysis of prominent corporate scandals in Asia, the book investigates their origins, effects, and cultural influences that have contributed to their escalation. By scrutinizing these cases, the book provides actionable recommendations to enhance corporate governance practices, promoting transparency, accountability, and ethical conduct within companies. It serves as an indispensable resource for academic scholars, researchers, practitioners, policymakers, and students seeking insights into corporate governance in Asia. With its comprehensive understanding of governance failures and practical recommendations, Cases on Uncovering Corporate Governance Challenges in Asian Markets catalyzes positive change in the business landscape of Asian markets.

For a state that has gained a global reputation as a violator of international norms, not least through its unwavering pursuit of nuclear weapons, North Korea's determination to become a nuclear-armed state is puzzling. If nuclear weapons beget security, insecurity, and other costs for the state, how might we understand this pursuit, and the delinquent behaviour that has arisen from it? In North Korea and the Global Nuclear Order, Edward Howell offers an answer to this question, focusing on North Korea's quest for status in the international system and developing the theoretical framework of 'strategic delinquency'. Featuring previously unpublished and new interviews with international negotiators with North Korea, and drawing upon new academic literature, Howell proffers an original theoretical framework to apply to the North Korean case. Covering a time period from the 1990s to the present-day, and using unprecedentedly rich empirical evidence, he makes the overarching argument that North Korea has strategically deployed behaviour that breaks international norms in order to reap benefits. In so doing, this book posits how over time, North Korea has learnt that despite the low status and opprobrium that might ensue, bad behaviour can pay.

Focused on the "Belt and Road Initiative", this book discusses China’s opportunities to translate economic leverage into political outcomes. The central question is how China’s expanding economic influence will transform the Eurasian political landscape. Proposed in late 2013 by President Xi Jinping, the Belt and Road is the most ambitious foreign policy approach adopted thus far and represents the culmination of China’s search for a grand strategic narrative. Comparative methods and diverse conceptual frameworks are applied to contextualize and explore the political, economic, and cultural ramifications of the Belt and Road in order to shed light on its transformative significance, risks and opportunities.