"The Son Also Rises is clever, thoughtful, and well written, and provides a completely new perspective on an enduring issue--the extent of social mobility. This very provocative book will garner a great deal of attention."--Joseph P. Ferrie, Northwestern University
Robert C. Feenstra and Alan M. Taylor have brought together top researchers with policy makers and practitioners whose contributions consider the ways in which the global economic order might address the challenges of globalization that have arisen over the last two decades and that have been intensified by the recent crisis.
"In this courageous book, Jang-Sup Shin develops an innovative and iconoclastic theoretical approach to understand the role of finance in economic development and uses it to analyse the evolution of the Korean economy in the last two decades. The resulting policy recommendations are unconventional but highly pragmatic, being based on wide-ranging historical and comparative evidence. It is a powerful book with profound implications not just for a better management of the Korean economy but for the future of economic development in general." —Ha-Joon Chang, University of Cambridge
"After the financial crisis, central banks stand at a crossroads, and this book provides an invaluable guide. In it, a diverse set of academic and central bank contributors survey both the past achievements of inflation targeting as well as future challenges, including re-examining the role of asset prices in formulating monetary policy."-- Glenn Rudebusch, Federal Reserve Bank of San Francisco
“Odette Lienau’s Rethinking Sovereign Debt is the most important book on sovereign borrowing in decades. Lienau brilliantly explains the historical origins of contemporary practices of government finance, and in doing so demonstrates the contingency of the understandings of market participants. Lienau asks the fundamental question: Who—exactly—is the sovereign that borrows on behalf of the nation? The answer, Lienau shows, must be central to how scholars, policy makers, and lenders make sense of sovereign finance, for they must know how regimes claim the legitimacy to oblige their citizens to repay the debts accumulated in their name. This extraordinary book should be widely read by scholars and practitioners.”—Rawi Abdelal, Harvard Business School
"Inequality in the Workplace offers an extremely detailed and up-to-the-moment analysis of various labor market reforms in both Japan and Korea, a topic that is central to the politics of both countries. The Japan-Korea comparison is in itself important, and Jiyeoun Song provides good insights into a worrying trend in both countries: the growth of informal labor markets."—Stephan M. Haggard, University of California, San Diego
With this book, Oesch joins the debate about “upgrading or polarization” of employment structure. Are labour markets upgrading, i.e. moving mainly towards better jobs thanks to technological progress? Or is the workforce increasingly polarised, divided into two groups of very bad and very good jobs, with a decrease of the kind of employment typical of the middle class?--Lisa Pannini, LSE
"How the US and China will transit from precarious codependency to stable coexistence is one of the most crucial questions for the 21st century. Stephen Roach, with his profound grasp of the economic and political systems in the US and China, describes the challenges, opportunities and necessary adjustments for both countries. This is a timely must-read book for anyone concerned about the future of the world."—Justin Yifu Lin, Former Chief Economist, the World Bank
In this thought-provoking book, noted China experts from Harvard Business School and the Wharton School assert that while China has experienced remarkable economic growth in recent decades (nearly 10 percent for more than thirty years), it now faces major challenges--tests that could shift the country's political and economic trajectory.