The Roles of Law and Politics in China's Development

This book examines China’s economic development from the end of 1970s, integrating perspectives from law, economics and political science. Particular attention is given to the role of formal law and political changes in China’s development, presenting the

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The Roles of Law and Politics in China‘s Development

The Roles of Law and Politics in China’s Development

Guanghua Yu

The Roles of Law and Politics in China’s Development

123

Guanghua Yu Faculty of Law University of Hong Kong Hong Kong, China

ISBN 978-981-287-001-8 ISBN 978-981-287-002-5 (eBook) DOI 10.1007/978-981-287-002-5 Springer Singapore Heidelberg New York Dordrecht London Library of Congress Control Number: 2014937001 © Springer Science+Business Media Singapore 2014 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

Preface

During the last 5 or 6 years, I expanded my academic interest into the area of law and development. Initially, I devoted my attention to the role of law in China’s economic development. This appears to be fruitful. China’s economic reform policy initiated at the end of the 1970s has significantly changed the nature of China’s economy. It has gradually moved away from a rigid planned economy with the public ownership of the means of production toward a socialist market economy. The reform has considerably expanded the Pareto frontier of exchanges or market transactions and resulted greatly in the improvement of human welfare. The past 30 years or so have also provided fertile ground and adequate evidence for scholars to analyze or