Research on the Transformation of China's Property System During the Transition Period

Author: Xie Siquan
Publisher:
Publish Date: 2003-07-01
Features: This book argues that among the many factors influencing the growth of social wealth, the property system plays a fundamental and crucial role. The book endorses the basic conclusions of modern new institutional economics regarding the growth of human society: the economic growth of a country depends on an efficient economic system. An efficient economic system should be able to effectively incentivize the economic activities of its members, encouraging everyone to work hard so that individual benefits are close to social benefits.