ASIAN BUSINESS AND ECONOMIES
World Scientific Series in Asian Business and Management
Studies - Vol 1
Changing Face of E-commerce in
Asia
edited by Abhishek Behl (Management Development Institute,
India), Pankaj Dutta (Indian Institute of Technology, Bombay,
India), Pratima Sheorey (Symbiosis International University, India)
& Chris Rowley (University of Oxford, UK)
Asia has been a hub for e-commerce companies in the past
decade. Its growth has largely impacted the economic, social and
technological advancements in every country and contributed to
global trade.
This book aims to unwrap the stories of e-commerce companies in
Asia and how they have contributed to the society. It discusses the
growth and failures of some e-commerce giants and looks at both
theoretical and practical aspects of e-commerce by presenting the
issues, challenges and successes of e-commerce businesses.
It examines interdisciplinary and transdisciplinary aspects from
micro and macro perspectives and links disciplines like strategy,
management, entrepreneurship, competitiveness, finance,
technology and operations.
424pp Apr 2022
978-981-124-598-5 US$148 £120
978-981-124-612-8(ebook) US$118 £95
China’s Economic Challenge
Unconventional Success
by Albert Keidel (George Washington University, USA)
This book analyzes economic strategies responsible for China’s 40
years of 40-fold growth, suggesting how such strategies might be
applied elsewhere. The book recaps why China’s success challenges
the United States and the field of development economics. The
book includes an analysis of the US – China trade war and China’s
economic prospects in the wake of COVID-19. It is a clear and timely
account for anyone interested in understanding the institutions and
policies responsible for China’s successful development and its
likely continuation.
Key Features
• Counters political distortions and corrects misinformation and
mistaken assumptions about China’s economic success
• Presents development policies and methods that are vitally
needed to remedy persistent poverty in developing countries
476pp Apr 2022
978-981-123-048-6 US$158 £140
978-981-123-050-9(ebook) US$126 £110
Transformation from Colonial Chemist
to Global Health and Beauty Retailer
A S Watson
by Patrick Chiu
“Transformation from Colonial Chemist to Global Health and Beauty Retailer: A S
Watson is a must read whether you are a student of Pharmacy, Retail, Asian History
or indeed the Globalisation of business. As someone who has competed against
Watsons for some 30 years, I feel that Patrick Chiu gives an in-depth and fascinating
account of the development of the Health and Beauty giant and the characters
behind its success. Particularly notable are the transformational deals in Europe
and China and the digitalisation of the business. What makes this text stand apart
is a comprehensive review of the business theory applied to the development and
success of A S Watson.”
Gordon Farquhar, Former Director, Dairy Farm Health & Beauty
Former CEO, Mannings North Asia
Former Managing Director, Boots International
This book unlocks the secrets and transformations of ASW from a colonial chemist
to the number three global player in health and beauty retailing. Part One of this
book vividly describes Watson’s globalization journey over the past 180 years. Part
Two analyzes the corporate management practices of Watson.
330pp Jul 2022
978-981-125-152-8 US$58 £45
978-981-125-154-2(ebook) US$46 £35
Revitalising ASEAN Economies in
a Post-COVID-19 World
Socioeconomic Issues in the New Normal
edited by Hooi Hooi Lean (Universiti Sains Malaysia, Malaysia)
This book intends to highlight the social and economic impacts of the COVID-19
pandemic in ASEAN and suggest ways on how to mitigate them. It covers how
the shocks from COVID-19 have impacted production, supply chains, demand,
commodity prices, consumer behaviour, financial markets, employment, services,
transportation and community, and the various policies that ASEAN authorities should
put in place to mitigate the effects of the pandemic.
Key Feature
• Contains both theoretical and practical applications that will be useful to academics,
researchers, students, stakeholders, professionals, and policymakers in ASEAN
284pp Jun 2022
978-981-122-846-9 US$98 £80
978-981-122-848-3(ebook) US$78 £60
►►Ebook prices are for individual orders.
For institutional orders, please contact sales@wspc.com.sg
 Asian Business and Economies
Decoding China’s Car Industry
40 Years
by Anding Li
translated by Chris R Lanzit & Graeme Ford
“Decoding China’s Car Industry: 40 Years is a vivid
and authentic book. Li is a media person and a
car person. He is willing to dedicate decades to
following, observing, and studying cars as well as
recording the development of China’s car industry
in a professional manner. There is hardly a second
person who could have done that in China. This book is a big contribution
to China’s car industry development and a project with historical value.”
Qingtai Chen
Deputy Director at China’s Economic Development Research Center
of the State Council
This book is an authentic multidimensional history of the car industry in China.
The author, as a media person chronicling cars in China, has witnessed,
experienced, and even participated in the development process of the
industry. Weaving in juicy tales, interesting details, and rare pictures, the
readers are taken on an exhilarating ride through the story of cars in China.
392pp Dec 2021
978-981-124-110-9 US$58 £50
978-981-124-112-3(ebook) US$46 £40
Economics in Practice
Evidence-Based Policymaking in
Singapore
edited by Ming Leong Kuan (Ministry of Trade
and Industry, Singapore), Chi Hoong Leong
(Ministry of Sustainability and the Environment,
Singapore), Jamie Poh (Ministry of Finance,
Singapore), Yik Wei Yong (Ministry of Trade and
Industry, Singapore), Chun Seng Yip (Ministry of
Finance, Singapore) & Boon Loy Chua (Central
Provident Fund Board, Singapore)
This book showcases the contribution of Economics to Singapore’s public
policymaking. To illustrate the diverse areas that economic analysis has
contributed to, this book comprises three sections that span the economic
and non-economic policy domains in Singapore. Section I covers economic
policies relating to economic growth, trade, investments, productivity,
innovation, industrial development, the enterprise landscape and manpower.
Section II highlights socioeconomic and security policies, and covers themes
such as income inequality and mobility, families, healthcare costs and
crime. In Section III, the focus is on infrastructural policies relating to the
environment, housing and land transport.
356pp Feb 2022
978-981-125-001-9 US$88 £75
978-981-125-011-8(pbk) US$48 £40
978-981-125-003-3(ebook) US$29.95 £29.95
East Asian Entrepreneurs
A Study of State Role, Education and
Mindsets
by Tai Wei Lim (National University of Singapore,
Singapore & Soka University, Japan)
The publication starts with a succinct and brief
literature review of the different definitions of the
term ‘entrepreneurship’. Both tangible and intangible
barriers to entrepreneurship are discussed in the
writing. One of the intangible barriers discussed
was the element of mindset. In some of the case studies, it appeared fear
of failure was a major mindset barrier to would-be entrepreneurs pursuing
their business ideas to actualize them. Measures carried out to remove the
stigmatization of failure are discussed in the volume.
200pp Feb 2022
978-981-124-026-3 US$78 £60
978-981-124-028-7(ebook) US$62 £50
 2 www.worldscientific.com
The Rising Sons
China’s Imperial Succession & The Art
of War
by Ian Huen (Aptorum Group, UK & Chinese
University of Hong Kong, Shenzhen, China)
“Ian Huen’s The Rising Sons is an incisive romp
through the most fraught imperial successions in
Chinese history. Drawing on the wisdom of Sun
Tzu, Huen traces how heirs who successfully
ascended to the throne hunted like leopards, biding
their time in hiding, maximizing their likelihood of success while maintaining
their cover, and then striking swiftly when the opportunity presented itself...
Huen’s trenchant analysis has lessons for the perils of succession and
governance today.”
Professor Justin Hastings
Professor in International Relations and Comparative Politics
University of Sydney
This book recollects 2, 000 years of China’s history by examining how some
of its most representative imperial rulers seized power by applying tactics and
strategies from Sun Tzu’s The Art of War. This volume brings together tales
of the nine princes of the Qin to Qing dynasties who rose to power through
their cunning wit and prowess at psychological warfare. Brimming in equal
measure with narrative interest and analytical insight, this book is as much
a page turner about human greed, ambition and its capacity for cruelty as it
is a treatise on power dynamics and court politics.
196pp Feb 2022
978-981-124-063-8 US$48 £40
978-981-124-065-2(ebook) US$38 £35
Series on China’s Belt and Road Initiative - Vol 15
China’s Belt and Road
Initiative
Going Global and Transformation in
the Global Arena
edited by Hui Nee Au Yong (Universiti Tunku
Abdul Rahman, Malaysia), Xuchuan Yuan &
Linda Low (Singapore University of
Social Sciences, Singapore)
The Belt and Road Initiative (BRI) is promoted as
a way for win-win cooperation that promotes common development and
prosperity. Contributed by academics and business professionals from
Asia, Europe and Africa, the chapters discuss the contemporary people,
business, civil society and government developments related to the BRI and
explore Health, Environment and Security (HES) challenges that confront the
Initiative. This volume shows how a host country can leverage on China’s
investment without losing the nation’s interest.
360pp Feb 2022
978-981-122-186-6 US$98 £80
978-981-122-188-0(ebook) US$78 £60
Building Immunity
Crisis and Contagion in the City State
by J J Woo (National University of Singapore)
This book provides an in-depth account of
Singapore’s policy responses to the COVID-19
pandemic and GFC. It focuses on the policy
capacity-building efforts that have taken place in the
aftermath of earlier crises such as the 2003 Severe
Acute Respiratory Syndrome (SARS) outbreak
and the 1997 Asian Financial Crisis. Linked across
time and space, these four crises reflect a consistent pattern in Singapore’s
approach to crisis management. In focusing on the role of policy capacity in
Singapore’s crisis response measures, this book will provide policymakers
and practitioners with a useful framework that can be used to plan for future
crises and pandemics.
164pp Mar 2022
978-981-124-139-0 US$88 £75
978-981-124-141-3(ebook) US$70 £60
WORLD SCIENTIFIC
 Asian Business and Economies
China’s Belt and Road
Initiative in ASEAN
Growing Presence, Recent Progress
and Future Challenges
edited by Suthiphand Chirathivat, Buddhagarn
Rutchatorn (Chulalongkorn University, Thailand) &
Anupama Devendrakumar (VinUniversity, Vietnam)
As the various BRI projects continue to unfold
in ASEAN countries, public concerns about the
impact of these projects are on the rise. However,
there has not been enough extensive study on this issue. This edited book
contributes towards bridging the knowledge gap by facilitating experts from
ASEAN, China, and beyond, to discuss, reflect, debate the ground realities
of BRI based on the local governments’ and local people’s experiences
and narratives. The chapters in this volume address various dimensions
of the BRI, provide unique perspectives, empirical evidence, and updated
information on the overall progress of BRI in ASEAN.
Key Feature
• Covers a broad range of topics inquire about BRI through various lenses
such as the case studies of BRI and AIIB, impact on China-ASEAN
relations, Indo-Pacific Strategy, China’s influence in Europe, the scope for
synergy and opportunities between China’s BRI and ASEAN connectivity,
railway projects, among others
432pp Mar 2022
978-981-124-130-7 US$138 £110
978-981-124-132-1(ebook) US$110 £90
Great Transition in Indian
Society
Religion, Economy and Foreign Policy
edited by Chanwahn Kim & Misu Kim (Hankuk
University of Foreign Studies, South Korea)
This edited book consists of various chapters —
including articles from different leading scholars,
on the Great Transition in India with respect to
religion, economy and foreign policy. The main aim
of the book is to comprehend ongoing transition in
India from interdisciplinary perspectives. First book to explore the ongoing
transition in India from Interdisciplinary perspectives
284pp Mar 2022
978-981-124-878-8 US$98 £80
978-981-124-880-1(ebook) US$78 £60
Study Guide
Management and
Leadership of Non-Profit
Organisations in Singapore
A Common Language and Shared
Meaning for Transformation
by Caroline S L Lim, Millie Yun Su & Hock Lin Sng
(Singapore University of Social Sciences, Singapore)
“It is a delight to read such a book written by three
NPO experts with such richly diverse work cultures and experiences. From
the lenses of their individual thoughtful perspectives, the book represents
how our local non-profit ecosystem can benefit from collaboration and co-
creation by different stakeholders like themselves from across society. By
offering clear definitions of commonly used and yet subjectively understood
NPO terminology coupled with relevant management frameworks, the book
invites fresh dialogue amongst practitioners through a common language to
break down communication barriers for industry best practice.”
Christina Cheng
Singapore Director of Theory of Constraints for Education (TOCfE),
Rotary Peace Fellow
204pp Jun 2022
978-981-125-149-8 US$48 £40
978-981-125-151-1(ebook) US$19 £15
WORLD SCIENTIFIC
Series on Dialogue with China
Dialogue with China
Opportunities and Risks
edited by Stephan Rothlin, Dennis McCann
Rothlin Ltd, Beijing, China & Rothlin Ltd, Hong Kong)
& Mike Thompson (University of Victoria, Canada)
The book argues for a hands-on approach of
dialogue with China, which seems to be crucial
for business success in China. It reflects the
experiences of observers who provide helpful hints
to better understand and appreciate Chinese culture
without being blindfolded by multiple traps and pitfalls. The essays featured
in this book provide elements for a frank appraisal of China’s Belt and Road
Initiative, by foregrounding the PRC government’s aspirations for the project,
while examining these in the light of the practical problems encountered
by both hosts and representatives among the participants in BRI projects.
250pp Jul 2022
978-981-124-874-0 US$58 £50
978-981-125-020-0(ebook) US$46 £40
The Pioneer Merchants of
Singapore
Johnston, Boustead, Guthrie and Others
by R E Hale
Almost nothing has been published about these
merchants of all races operating in Singapore during
the first few years following its acquisition by the
East India Company in 1819. Pioneer Merchants of
Singapore tells the stories of fourteen of Singapore’s
earliest merchants, including Alexander Laurie
Johnston, Tan Che Sang, Dr Jose d’Almeida, and D S Napier. It includes
never-before-published information drawn from letters dating back to 1818.
This book aims to fill a gap in our knowledge of the early days of Singapore
and the challenges faced by its early residents. It is a must-read for those who
are interested in the history of Singapore’s early years as a trading colony.
352pp Jun 2022
978-981-124-712-5 US$118 £95
978-981-124-714-9(ebook) US$94 £75
Notable Backlist
Geely Drives Out
The Rise of the New Chinese Automaker in the Global Landscape
by Hua Wang (Emlyon Business School, France), Giovanni Balcet
(University of Turin, Italy) & Wenxian Zhang (Rollins College, USA)
Doing Good Business in China
Case Studies in International Business Ethics
by Stephan Rothlin, Dennis McCann (Rothlin Ltd, Beijing, China &
Rothlin Ltd, Hong Kong) & Parissa Haghirian (Sophia University, Japan)
China for SMEs: Essential Elements of Success
by Daryl Guppy (Guppytraders.com)
Decoding China’s Export Miracle: A Global Value Chain Analysis
by Yuqing Xing (National Graduate Institute for Policy Studies, Japan)
Has Asia Lost It?: Dynamic Past, Turbulent Future
by Vasuki Shastry (Chatham House, UK)
Shadows Across the Golden Land
Myanmar’s Opening, Foreign Influence and Investment
by Simon S C Tay (Singapore Institute of International Affairs, Singapore)
Hong Kong’s 2019 – 2020 Social Unrest
The Trigger, History and Lessons
by Bernard Yeung (Asian Bureau of Finance and Economic Research,
Singapore & National University of Singapore, Singapore)
Reimagining India – Thailand Relations
A Multilateral and Bilateral Perspective
by Reena Marwah (Delhi University, India)
Asian Case Research Journal (ACRJ)
Access high-quality teaching cases on
Asian companies and companies operating
in Asia! Subscribe to the ACRJ today.
https://www.worldscientific.com/acrj
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 Asian Business and Economies
From Opium to
Methamphetamines
The Nine Lives of the Drug Industry in
Southeast Asia
by Wolfgang Sachsenröder (Political Party
Forum Southeast Asia, Singapore)
This book analyses the detrimental impact of the
drug industry on the political economy and the social
developments in Southeast Asia. Shortcomings
and lasting damages can be traced in the political
structures, in the rampant corruption, and the secretive links between
customs, armies, police organisations, and organised crime. The historical
perspective seeks to identify the crossroad points where developments
went in the wrong direction. The book compares the national, regional, and
international anti-drug efforts and the penal codes supporting them
244pp Apr 2022
978-981-124-723-1 US$78 £70
978-981-124-725-5(ebook) US$62 £55
Fully illustrated with relevant photographs
New Teaching Resources for Management in
a Globalised World
Understanding Contexts of
Business in Western Asia
Land of Bazaars and High-Tech Booms
edited by Léo-Paul Dana (Dalhousie University,
Canada), Aidin Salamzadeh (University of
Tehran, Iran), Veland Ramadani (South East
European University, North Macedonia) &
Ramo Palalić (Sultan Qaboos University, Oman)
While most theories have come from developed countries with bountiful
contexts, the diverse contexts of Western Asia are little understood. Religious
factors are profoundly dominant in Western Asia, and businesses in this
diverse area operate with considerations that are rarely considered in
research. This book reveals a variety of schools of thought that have molded
several business models and mechanisms, which are, to some extent,
different from the context of Western economies.
572pp Jun 2022
978-981-122-968-8 US$158 £125
978-981-122-970-1(ebook) US$126 £100
Political, Economic and
Social Dimensions of
Labour Markets
A Global Insight
edited by Soon Beng Chew, Lingli Huang &
Kai Xiang Kwa (NTU, Singapore)
Why and how do politics, society and economics
shape the growth and failure of labour markets?
Does government intervention help or harm labour
market reforms/adjustments in times of economic
downturn? What forces drive such government intervention and do they differ
from society to society? The book addresses these big-picture questions and
argues that performance in labour markets across countries are influenced
by their labour market policies. In turn, these policies are shaped, in varying
degrees, by the country’s politics.
500pp Jul 2022
978-981-123-689-1 US$148 £130
978-981-123-888-8(ebook) US$118 £105
Contact:
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* Prices subject to change without prior notice
Printed in June 2022 SP SZ 05 22 10 E
Asia-Pacific Business Series
Cooperatives as a Catalyst
for Sustainability
Lessons Learned from Asian Models
edited by Léo-Paul Dana (Dalhousie University,
Canada), Naman Sharma (Indian Institute of
Foreign Trade, India), Sneha Kumari (Symbiosis
International Deemed University, India), K K Tripathy
(Government of India, India), B P Pillai
(Agricultural Co-operative Staff Training Institute,
India) & R Jayalakshmi (Vaikunth Mehta National
Institute of Cooperative Management, India)
Cooperatives in Asia have been leaders in their approaches with
comprehensive and supportive policies. Across Asia, there are unique
models of cooperatives — some of which can be replicated internationally.
This book seeks to document the governance, leadership and sustainable
best practices of cooperatives, to pave the way for the development of
cooperatives internationally, utilising the sustainable cooperatives of Asia
as examples. Addressing the current gap in research about cooperatives,
the chapters showcase lessons for the cooperative world in its movement
towards sustainability through the examination of original case studies, as
well as quantitative studies.
300pp Aug 2022
978-981-125-378-2 US$108 £85
978-981-125-380-5(ebook) US$86 £70
Innovation in China
A Strategic Management Casebook
by Hugh Thomas (Chinese University of
Hong Kong, Hong Kong)
“Hugh Thomas reminds us that China has a long,
rich history of innovation, and provides a historical
account of China’s modern approach to innovation
and its future ambitions. He then offers a range
of cases that gives the reader a detailed look at
businesses and institutions that together exemplify
the innovation landscape in China. Prof Thomas’
expertise in innovation and experience in China are aptly demonstrated in
this unique and insightful book.”
Donna Kelley, PhD
Professor of Entrepreneurship
Frederic C Hamilton Chair of Free Enterprise
Chair of the Entrepreneurship Division
Babson College
460pp May 2022
978-981-124-588-6 US$148 £120
978-981-124-590-9(ebook) US$118 £95
Post-COVID Asia
Deglobalization, Fourth Industrial
Revolution, and Sustainable Development
by Hyun-Hoon Lee (Kangwon National
University, South Korea) & Donghyun Park
(Asian Development Bank, Philippines)
“A timely and comprehensive account of the
challenges and opportunities facing Asia in these
uncertain times. This book is a must-read for anyone
pondering the critical choices Asia must make to
adjust to COVID-19, ride the next wave of globalization, take advantage of
new technologies, and invest in the livelihood of its people.”
Changyong Rhee
Director of the Asia and Pacific Dept. International Monetary Fund
Former Chief Economist, Asian Development Bank
324pp Dec 2020
978-981-122-897-1 US$68 £60
978-981-123-023-3(pbk) US$28 £25
978-981-122-899-5(ebook) US$22 £20
►►Ebook prices are for individual orders.
For institutional orders, please contact sales@wspc.com.sg