China

COVID-19 has widely affected global supply and value chains, and specific sectors around the world. In this scenario, the options for India to optimise its regional and global value chain linkages with the Regional Comprehensive Economic Partnership are examined, which in turn could aid in its post-pandemic recovery.

India’s China Challenge: A Journey through China’s Rise and What It Means for India by Ananth Krishnan, New Delhi: HarperCollins, 2020; pp 417, ₹599.

More than the rise of China, it is cyber-capitalism that is the driving force of the current changes in the global political economy. Emboldened by new age technologies, the capital is now breaking itself free from labour.

Narratives of the new Cold War and the “liberal” West versus “authoritarian” China are neither adequate to grasp the political economy of contemporary China, nor do they explain global contradictions. More importantly, such narratives serve to obfuscate the reality of political and economic challenges faced by the vast masses of the developing countries as well as advanced capitalist countries.

Resurgent Asia: Diversity in Development by Deepak Nayyar, New Delhi: Oxford University Press, 2019; pp xx + 295, ₹ 895.

Asian Transformations: An Inquiry into the Development of Nations edited by Deepak Nayyar, Oxford: Oxford University Press, 2019; pp xxiv + 577, price not indicated.

Asia’s Journey to Prosperity: Policy, Market, and Technology Over 50 Years by Asian Development Bank, Manila: ADB, 2020 (ebook), http://dx.doi.org/10.22617/TCS190290.