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This book is the fourth volume of Social and Economic Studies within the Framework of Emerging Global Developments. It includes empirical and theoretical original chapters written by researchers from different countries and universities. The target audience of this book is researchers, students and academics who are interested in social and economic studies.

This book is the second volume of Social and Economic Studies within the Framework of Emerging Global Developments which includes empirical and theoretical original chapters written by researchers from different countries and universities. The target audience of this book is researchers, students and academics interested in social and economic studies.

This book is the third volume of Social and Economic Studies within the Framework of Emerging Global Developments which includes empirical and theoretical original chapters written by researchers from different countries and universities. The target audience of this book is researchers, students and academics interested in social and economic studies.

This book is the fourth volume of Social and Economic Studies within the Framework of Emerging Global Developments. It includes empirical and theoretical original chapters written by researchers from different countries and universities. The target audience of this book is researchers, students and academics who are interested in social and economic studies.

This first volume of “Social and Economic Studies within the Framework of EmergingGlobal Developments” includes empirical and theoretical original chapters written byresearchers from different countries and universities. The target audience of this bookis researchers, students and academics interested in social and economic studies.

This book provides a comprehensive analysis of the field of political economy. For thispurpose, following a theoretical framework, basic information on political economyis presented, particularly by utilizing current international data. The relationships ofpolitical economy with processes ranging from regulatory actions of governments tointernational arbitration are also addressed. With a case study of US sugar markets,it is explained that it is not possible to understand economic problems and conductrealistic analyses without focusing on political policies. Another important feature ofthe book is that current topics are presented to the reader in a language that everyonecan understand, with the inclusion of figurative representations and graphics. In thisrespect, the book stands out with its simple explanations and more innovative andoriginal narration than that found in similar books.

Korea as a “middle power” in the last decades saw a growing importance, partly through greater economic clout, partly through greater cultural and soft power (“K-pop”), and partly through collective action in institutions like G 20. However, recent instability in Northeast Asia, plus growing trade conflicts and political conflicts in the region and worldwide, endanger this position. Moreover, the tremendous rise of China in economic, geo-political and cultural terms overshadowed the Korean development. However, also here the Chinese Belt and Road Initiative seems to dominate the headlines, as well as the policy fora and practical business decisions. Therefore, this book discusses an urgent, indeed pressing topic: how can middle powers like South Korea and Germany benefit from closer economic and political linkages across the Eurasian landmass, in particular the Belt and Road Initiative dominated by China.? Should they rather jump on the bandwagon or should they follow distinct own initiatives, either in their region or inter-regionally?