Culture of a society reflects its social values. So, through Chinese experience, we want to show that institutional …

By comparing the development of landownership in China and England, this paper explores what were behind their … early China has established a unique economic system that allowed free alienation of land, but it has been trying to check … strengthening and expanding of patriarchal clan system. The different development paths of China and England show the different …

faced the challenges of population aging and pension policy reform, both Latin America and China, in contrast, are dealing … implemented in China. All of these societies are organized primarily around the principles of family, reciprocity, loyalty and … the reforms currently being implemented in China, particularly in four interrelated areas: coverage, compliance …

a trading Diaspora in general vis-à-vis local entrepreneurs, regardless of the background national culture in which it …

, they are subject to potential runs. We derive distinct liquidity, collateral, and asset liquidation constraints, which … ward off an individual run depends on whether it has sufficient liquidity, collateral, and asset liquidation capacity … possible if shocks to the valuation of collateral held by outside investors are sufficiently strong and uniform, and if the …