Author Description
This Volume Examines The Role Of Law In Economic Development. It Focuses On China And Analyzes How The Development Policies And Institutional Characteristics Of The Emerging Chinese Market Economy Might Aid Policymakers, In Developed And Developing Countries, To Create And Reform Frameworks To Achieve Equitable And Sustained Development.
Menrva's Summary
THE THESIS
This volume investigates how the specific legal and institutional frameworks of the Chinese market economy influence its economic development and what lessons these models offer for global policy reform. The authors, including Nobel laureate Joseph E. Stiglitz, utilize a comparative institutional analysis to evaluate the intersection of state-led development and market mechanisms. By examining China's unique trajectory, the text argues that legal systems must be tailored to specific national contexts rather than relying on standardized, one-size-fits-all economic prescriptions.
THE SCOPE MAP
What You Will Find
- Comparative analysis of Chinese institutional development versus Western market models
- Examination of legal reforms in the context of sustained economic growth
- Frameworks for policymakers to address equitable development in emerging markets
Scope Limits
- Does not provide a comprehensive history of Chinese civil law
- Does not offer a prescriptive manual for private corporate litigation
THE AUTHORITY PERSPECTIVE
Experts recognize this work as a significant contribution to the discourse on institutional economics and the role of the state in market development. Readers frequently note the academic density of the prose, which is best suited for scholars, policymakers, and students of international development.
Page Count:
615
Publication Date:
1900-01-01
ISBN-10:
0191745529
ISBN-13:
9780191745522
Economics
Law
China Studies
Public Policy