The mid-term and long-term growth potential of China's insurance industry is a subject of significant interest to governments, business and academia. In this paper, the “world insurance growth curve” is used in conjunction with estimates of China's future GDP growth to estimate the growth...

By proposing the Benchmark Ratio of Insurance Penetration (BRIP) as a new paradigm for international insurance comparison, this paper makes a new assessment and comparison of insurance growth levels of certain countries as well as certain economic groups, and further discusses the policy...

The emergence of self-governing social organizations is one of the most significant yet unexplored developments in rural China. By conducting a nationwide village-level survey, we find that these organizations are playing an important role in the provision of local public goods and services. To...

This paper seeks to provide an understanding of the background to the search for an international standard for insurance contracts, which was initiated by the International Accounting Standards Committee (IASC) in 1997 and is still proceeding under its successor, the International Accounting...