Purpose Since the implementation of reform and opening up, China has made remarkable achievement in terms of economic reform and development. China’s path, as well as its experience, has simultaneously gained worldwide concerns. Developing the market economy against the backdrop of socialism...

Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist features disguise the profoundly unfamiliar foundations of "market socialism with Chinese characteristics." The Chinese Communist Party (CCP), by controlling the career advancement...

This paper challenges the widespread view that existing WTO rules are insufficient for dealing with state capitalism in China, which has been further emboldened by the latest rounds of state-owned enterprise (“SOE”) reforms. Through a careful review of WTO agreements and jurisprudence, it is...

Market-based governance and the architecture of accountability / John D. Donahue -- Government contracting for health care / Karen Eggleston and Richard Zeckhauser -- Service contracting with nonprofit and for-profit providers : on preserving a mixed organizational ecology / Peter Frumkin --...

Is the World Trade Organization (WTO) and its rules-based system capable of addressing the distortions in trade caused by the explosive growth of China’s State-Owned Enterprises (SOEs)? If it is, why hasn’t it been put to use? If the WTO rules are not up to task, where and how do they need...