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This article seeks to understand how China has managed to achieve such high rates of growth over the past four decades … prerequisite for sustained economic development, but China's unique political economy which vests limited power in its judiciary …
Persistent link: https://www.econbiz.de/10012953331
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and political stability in fast-developing economies and especially in mainland China. Thus, financial governance and … act will proof to be crucial to ensure further market access, financial innovation and accountability for bankers …, investors, regulators, and policy-makers alike. It remains to be seen how China will be in the position-both ideologically and …
Persistent link: https://www.econbiz.de/10012896311
This government whitepaper describes the Chinese people's struggles for democracy, freedom, equality and the building of a country under the rule of law. It first provides an introduction to the historical course of these efforts and a general description of the Chinese legal system. The...
Persistent link: https://www.econbiz.de/10012758818
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the experience of China, an economy undergoing dramatic institutional change in the last 20 years with rich variation in …
Persistent link: https://www.econbiz.de/10012974061
This paper develops a self-enforcing contract model to show that better economic fundamentals can help when there is weak rule of law -- but with order -- to attract foreign direct investment, whereas lowering taxes does not necessarily help. Using a cross-region Chinese dataset, the analysis...
Persistent link: https://www.econbiz.de/10012975785
Facing similar political and economic conditions, both China and pre-democratic Taiwan have applied the same strategy … has been that the Model in China will follow its life cycle in Taiwan and eventually lead to democratization, after the … China's, this Article refutes this convergence theory. First of all, the examination of the Model in Taiwan unveils …
Persistent link: https://www.econbiz.de/10012854621
A unique feature in the interpretation of tax laws in China is that administrative organs have enjoyed a near monopoly …
Persistent link: https://www.econbiz.de/10013048359
This paper develops a self-enforcing contract model to show that better economic fundamentals can help when there is weak rule of law -- but with order -- to attract foreign direct investment, whereas lowering taxes does not necessarily help. Using a cross-region Chinese dataset, the analysis...
Persistent link: https://www.econbiz.de/10012551285