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This book aims to interpret China’s property-rights reform since 1978 on theory level. Property-rights reform is no doubt the essential for economic system reform, which led to China’s economic miracle in the past 40 years. Neither modern property-rights theory nor Marxism can explain all issues around Chinese complex economic system reform. The book sheds light on the theory development through comparative study and China-focused research.
Written by scholars from both inside and outside China, this wide-ranging collection of essays explores the complexity of the relationship between governance and civil society by combining theoretical exploration and empirical case studies based on the governance practice in China.
This book examines the political use of China's traditions by the party-state in contemporary China. It argues that the party-state has taken an official Marxist stance in terms of the political use of tradition. Besides looking at the official Marxist stance, this book also looks at critiques of the party-state's use of traditions by the Liberalists and Neo-traditionalists. The underlying political ideologies of these three camps are Marxism, Liberalism and Neo-traditionalism. These three political ideologies have been the most influential in Chinese politics since the Republican Revolution in 1911. The contemporary political use of China's traditions is a competition between Marxism, Liber...
With the deepening of China's reform and opening up, and the sustained development of the Chinese economy, the Chinese bond market has become an important player in the global bond market. As at the end of 2022, the custodial balance of the Chinese bond market reached RMB14.48 trillion, ranking second in the world and the largest bond market in Asia. As a maturing emerging market in the world, the Chinese bond market not only follows the general rules of global bond markets, but also has some of its own characteristics. To make effective investments and financing in this market, a comprehensive and profound understanding of the market is required.This book is the result of a joint research p...
This book advances a holistic conceptualisation of maritime security, under the term ‘Blue Security’, and situates it in states across the Indo-Pacific. The Indo-Pacific encompasses a vast space, incorporating two of the planet’s biggest oceans, the Indian Ocean and Pacific Ocean, as well as littoral and hinterland states home to half the world’s population. Security challenges abound across the maritime Indo-Pacific, ranging from the risk of inter-state war at sea to so-called blue crimes, like piracy, smuggling, and illegal fishing. Climate change and marine pollution, as well as the over-exploitation of scarce and sometimes fragile resources, also pose threats to human security, s...
This book presents a model for describing the hierarchical concept of China’s water rights structure, one which takes into account pioneering theories on natural resources and environmental institutional economics. It highlights the basic theory of water rights, with a view to helping Chinese policymakers acquire a deeper understanding of water rights and the need for a reform program in the long-term development of water-poor China. To do so, it draws on three main sources: Cheung SNS’s “Economic Explanation”, Douglas C. North’s “New Economic History” and Ray Huang’s “Macro History”. The book makes two essential contributions: it elaborates the hierarchical water governa...
Focusing on the conflict and coordination between social development and political order in social governance, this book investigates the causes, evolution, and manifestations of such tensions in contemporary China, combining both qualitative and quantitative analysis. It has always been a complicated issue for social governance in China to maintain a balanced and benign interaction between social development and political order: Strong leadership from the state can foster robust social development, which can itself pose challenges to the existing political order. To approach this paradox, this book first discusses the entanglement of law and politics in China’s social governance, embodied...