W. Zhang - Böcker

The book deals with economic issues related to income and wealth among individuals, regions and countries. It presents a general theory with endogenous capital, knowledge and preference changes for an economic system with heterogeneous households, multiple sectors, multiple regions and multiple countries.

Wei-Bin Zhang offers an authoritative guide to the philosophy of Confucianism and its impact in the Confucian regions, covering mainland China, Taiwan, Hong Kong, Macao, Japan, South Korea, North Korea, Vietnam and Singapore. All, except Singapore, employed Confucianism as the state ideology before the West came to East Asia. The differences and similarities between the variety of Confucian schools are examined. The author concludes that the philosophical and ethical principles of Confucianism will assist in the industrialization and democratization of the region.

Providing an insider's examination of China's economic reform and its political implications, this text uses wide ranging primary materials, including interviews, surveys and author's own recollections of Deng Xiaoping and Zhao Ziyang. It aims to shed new light on the Chinese approach to reform, including its dual goal, dynamic gradualism and reform leadership. It assesses the vast social and political changes set forth by the reform, especially multiplying socio political problems, and the international ramifications of China's rise.

This text offers a guide to the philosophy of Confucianism and its impact in the Confucian regions, covering mainland China, Taiwan, Hong Kong, Macao, Japan, South Korea, North Korea, Vietnam and Singapore. All, except Singapore, employed Confucianism as the state ideology before the west came to East Asia. The differences and similarities between the variety of Confucian schools are examined. The author concludes that the philosophical and ethical principles of Confucianism will assist in the industrialization and democratization of the region.

The emergence of a new macro economy in Euro-Asia is a great challenge for academics and policy makers alike. Our book focuses on this macro economy and the monetary and fiscal policy responses. As the new environment has evolved over time, private behaviour as well as policy responses have changed. Policy makers as well as private agents had to learn the new environment. In our book we thus put heavy emphasis on uncertainty and learning. The first part of the book explores monetary policies allowing for uncertainty and time-varying behaviour of economic agents in markets, in particular in the labour market and the monetary policy responses to it. We study both forward and backward looking behaviour, learning and robust control as well as the role of financial markets for policies. The second part explores fiscal policy in the Euro-area, its sustainability, its effects on economic growth and the attempts of the Euro-area to stabilize the public debt. The third part explores monetary and fiscal policy interactions in the Euro-area countries. Since there are many national fiscal authorities but only one monetary authority this is a particularly challenging problem of Euro-area countries. Methodologically, we use modern methods such as advanced econometric methodology, learning models that allows to study time varying behaviour, and dynamic macro modelling and dynamic optimization.

Lessons in Sustainable Development from Japan and South Korea provides a concise overview of sustainable development in Japan and South Korea. Similarly, South Korea is continuing to improve its environment, as well as its health care system, but struggles with gender inequality, poverty, and inequality.