New Books in Economics

In our recent conversation about Protecting Workers? Crisis, COVID-19 and South Asia, the editors Kanchana N. Ruwanpura and Wilfried Swenden reflect on the need to move beyond treating the pandemic as a singular, isolated shock. Our discussion reflected on the deeper mechanics of knowledge production, how we reflect on crisis beyond its immediate occurrence, how we conceptualize South Asia today, and the process of bringing such a dynamic volume together.

A central theme was the necessity of examining crisis as a revealing, prolonged condition rather than a temporary disruption. The COVID-19 pandemic exposed pre-existing structural vulnerabilities across Bangladesh, India, Nepal, Pakistan, and Sri Lanka. Theorizing through this moment meant examining how state strategies and worker realities collided when formal safety nets faltered, forcing us to rethink South Asia not merely as a fixed geographic region, but as a shared space of cascading socio-economic pressures and labor struggles. While this volume traces state policy and institutional shifts, the core strength of the volume lies in highlighting the resourcefulness and claim-making capacities of workers fighting for justice. Assembling these regional perspectives provides a critical blueprint for rethinking state-society relations, labor rights, and collective action in post-pandemic South Asia.
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Why have Finland’s biggest multinationals teamed up to create a globally unique analysis hub just to decode the future of China? Meet the analysts who are nurturing the next generation of Finnish expertise to bridge the gap between Nordic business and Chinese policy.

In this episode, Julie Yu-Wen Chen at the University of Helsinki talks to Kevin Broady, Marleena Makkonen and Anton Karppanen, three analysts from the China Office of Finnish Industries to understand their mission. The China Office of Finnish Industries acts as a unique nonprofit designed to assist Finnish multinational corporations in navigating the complex geopolitical and economic landscape of the People’s Republic of China. Established in 2022, the organization provides deep strategic analysis on shifting Chinese industrial policies, labor market trends, and the inherent risks of doing business in an increasingly politicized global market. Their work focuses on helping companies understand growing political complexities amid trade tensions while adapting to China's growing influence on international trade. The office is also dedicated to nurturing the next generation of Finnish China analysts through a specialized trainee program for university students. By bridging the gap between academic expertise and corporate decision-making, the team fosters a more sophisticated understanding of how Chinese domestic developments impact Nordic prosperity.

Julie Yu‑Wen Chen is Professor of Chinese Studies and Director of the Master’s Programme in Area and Cultural Studies at the University of Helsinki in Finland. Her new book, Global Knowledge Production about China, explores how the practice of “China‑watching” has evolved over the decades. The book is freely accessible online.

The Nordic Asia Podcast is a collaboration sharing expertise on Asia across the Nordic region, brought to you by the following academic partners: Asia Centre, University of Tartu (Estonia), Asian studies, University of Helsinki (Finland), Centre for Asian Studies, Vytautas Magnus University (Lithuania), Centre for East Asian Studies, University of Turku (Finland), Centre for East and South-East Asian Studies, Lund University (Sweden) and Centre for South Asian Democracy, University of Oslo (Norway).

We aim to produce timely, topical and well-edited discussions of new research and developments about Asia.
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There is a widespread sense throughout the developed world that
progress towards a better society has stalled. Many countries, including
the UK, have experienced persistent economic stagnation accompanied by
declining trust in institutions. Governments are struggling to respond
not only to traditional economic problems but also to newer challenges
posed by climate change, migration and technological change. Challenging Inequalities: How We Got Stuck and Where We Go Next (Princeton
University Press, 2026), written by Paul Johnson and coauthors, drawing
on the findings of the six-year IFS Deaton Review, connects these
conditions to inequality—inequality not just of income and wealth but of
health, political participation and opportunity. It not only offers a
detailed analysis of the different forms of inequalities but also an
in-depth consideration of why inequalities matter, how they have changed
and what can, or should, be done about them.

The book explains
the enduring effects of early life experiences and education and
examines the trends in employment and earnings over recent decades. It
argues that economic stagnation since the financial crises of 2008–2009
has exposed inequalities originating in the 1980s. Not only have incomes
stagnated, but so has progress towards reducing health inequalities and
dealing with inequalities across gender, ethnicity, geography, age and
educational level. The combination of earnings inequality and economic
stagnation has led to the growing importance of wealth, the increasing
concentration of economic power in an older generation and a decline in
social mobility. Economic inequalities have also resulted directly in
dangerous differences between regions and in political power across
groups.

The need to address inequality has never been more urgent. Challenging Inequalities offers
a road map for how we have arrived at such a perilous spot—and how we
can change course to achieve better outcomes for all.

Paul Johnson
is provost of the Queen’s College, University of Oxford, and former
director of the Institute for Fiscal Studies (IFS). He is the author of
the Sunday Times bestseller Follow the Money.

Morteza Hajizadeh
is a Ph.D. graduate in English from the University of Auckland in New
Zealand. His research interests are Cultural Studies; Critical Theory;
Environmental History; Medieval (Intellectual) History; Gothic Studies;
18th
and 19th Century British Literature.
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Can philanthropy be an anti-racist, feminist, relational, and joyful
expression of solidarity? This book argues that it not only can be for
the future we seek and for philanthropy to achieve its greatest impact,
but it must be.

Nationally recognized philanthropic
leader Dimple Abichandani revolutionizes the precepts of modern
philanthropy. Offering 10 provocative practice shifts, A New Era of Philanthropy: Ten Practices to Transform Wealth into a More Just and Sustainable Future (North
Atlantic Books, 2025) engages readers with fresh answers to the
question of how philanthropy can meet this high-stakes moment. This book
picks up where key books like Decolonizing Wealth and Winners Take All
leave off, offering a guide for donors, foundations, and non-profit
leaders navigating philanthropy in urgent times. Clear-eyed, hopeful,
and responsive to the moment, this book helps us reimagine the purpose
and norms of modern philanthropy. It is an invitation to all of us who
believe these resources can contribute to a more just future: start here.
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In the 1970s, as women started to enter the labor force in unprecedented numbers, economists began to examine their roles as economic actors. The result was the rise of gender economics, now a major subfield with powerful data and new methods comparing the economic lives of men and women. Yet despite decades of progress, many of the most consequential questions about gender inequality remain unresolved.

In How Economics Discovered Women: Bringing Gender Economics into the Twenty-First Century (U California Press, 2026), renowned economist and demographer Dr. Shelly Lundberg argues that the problem is not a lack of evidence but a failure to challenge entrenched economic models and outmoded assumptions about markets and gender that have limited what the field can explain.

Why does occupational segregation persist? Why do "women's jobs" pay less? Why are men falling behind in education? And why do policies like paternity leave fail to change behavior? Drawing on more than five decades in the field and integrating insights from other social sciences, Dr. Lundberg explains signs of recent progress and charts a path toward a more realistic, socially grounded economics capable of meeting the challenges of gender inequality today.

This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts.
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