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What is the impact of declining party membership size on party organizations? Since existing theory is constructed with the expansion of party membership in mind, one might infer that the relationships observed during periods of growth can simply be reversed in periods of decline; i.e. declining party membership size will lead to declining complexity and decentralization of power. However, there is no a priori reason for us to expect this relationship to be true. The paper present a dynamic theory that explains why complexity and centralization of power remain unchanged despite declining membership. Using time-series data from the Party Change Project and the Party Organizations Project, the author provides systematic tests of the impact of declining party membership size. The empirical findings suggest that the impacts of declining party membership size may affect complexity and centralization of power for some but not all parties.

"Explores how the smaller states in the Asia Pacific region have been effectively coping with the combined stresses of the Covid-19 pandemic and the geopolitical rivalry among major powers."

Taiwan's economic and political transformation was once considered a model for developing nations, but in recent decades, the momentum has stalled. Why? Cal Clark and Alexander Tan explain the country's paradoxical political economy, tracing its achievements and exploring its challenges. The authors appraise Taiwan's hard-won accomplishments—a legitimate democracy and a prosperous society—and also investigate the stubborn institutional legacies undermining its progress. Without discounting Taiwan's significant stress and turmoil, they provide ample evidence to support optimism about its future

The China–India border dispute has witnessed escalations recently with China making fresh claims along the disputed border and deaths of Indian military personnel. This study examines the likelihood of a strategic partnership between India and Taiwan. We begin by assessing India's 'Act East Policy' and Taiwan's 'New Southbound Policy' for any points of congruence between these two policies. We then propose an expected utility model of India's decision calculus. Using the theoretical implication of the model, we then examine the likelihood of a strategic partnership along two dimensions—an economic and a defence–security partnership. This study argues that the value added by an economic strategic partnership between the two countries may be substantial, and the likelihood of such a partnership may be significant. However, the likelihood of a defence–security partnership is substantially less in the bilateral sphere, although at the multilateral level there are areas where defence cooperation can occur.

The main research goal of this paper is to empirically assess the state of US currency power relative to its main rivals in the period between 2005 and 2018. The most novel aspect of our inquiry is the design of three new composite indices called: Monetary Capability Index (MCI), Quality of Governance Index (QGI) and Currency Internationalization Index (CII). We argue that those indices are indispensable in an attempt to empirically measure the concept of currency power, both its underlying material and non-material resources, as well as the degree of their effective exploatation. Based on the conducted analysis it is visible that material resources are a necessary but not sufficient condition to wield and exert currency power which we proxy by currency internationalization. In that regard quality of governance remains indispensable to this effort. Our measurement shows that US currency power remains unshattered by the global financial crisis (GFC) and US dollar is still placed firmly at the top of international monetary and credit hierarchy. In spite of dangers emanating from Trump's erratic policy, US rivals either face weakening of their currency power in terms of their monetary capability or still lag far behind the US in terms of their quality of governance.