The Market Design (MD) approach to institutional analysis provides the analytical tools to evaluate endogenous institution building in local market places irrespective of the institutional setting of the national economy. Implicit in this analysis of endogenous institution building at the market...

Going public without the public: between political governance and corporate governance / Sonja Opper -- Institutional change, diversity and competition: foreign banks in Shanghai, 1847-2004 / Jeroen Kuilman -- Foreign firms in China: success by strategic choices / Xueyuan Zhang and Patrick...

This paper attempts to explain how institutions in the reform era of China have evolved by looking into the FDI policies and regulations. As history matters, we don t look solely into the previous direct stage to the reform era, and rather look into a longer history starting from prior to the...

China's long-term economic success is driven by new firms, new sectors and new business practices. This book explores the establishment of new private firms and listed companies, the development of knowledge industries, in particular the IT and banking sectors and the co-evolution of public...