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Author: Wu Jinglian
Publisher:
Publish Date: 2005-01-01
Features: The Comparison provides an academic platform for comparative institutional analysis for readers. Standing at the forefront of theory, The Comparison selectively introduces the experiences and lessons of other countries, the theories and practices of transition economies, and the developments in the field of comparative research, based on major issues encountered in China's economic reform. It also provides targeted introductions of proposals, policy recommendations, and comments on China's economic reform from academic circles both domestically and internationally. This issue of The Comparison collects some research materials on the comparison of China and India's economies. Paul Milgrom's article on auction theory and Oliver Hart's article on financial contracts are concise and classic discussions in their respective fields. Particularly, Milgrom uses vivid and interesting examples to illustrate the application of auction theory in economics. In the New Books section, Professor Wu Jinglian and Professor Qian Yingyi each recommend two richly informative books. Professor Qian also elaborates on his views on economic growth, emphasizing that incentives must be properly addressed for sustainable growth. The articles by Andre Shleifer, Paul Joskow, and George Yarrow all revolve around the theme of regulation. Ronald Gilson and Curtis Milner's article specifically discusses government regulation with Japan as a case study. This issue of The Comparison collects some research materials on the comparison of China and India's economies. Paul Milgrom's article on auction theory and Oliver Hart's article on financial contracts are concise and classic discussions in their respective fields. Particularly, Milgrom uses vivid and interesting examples to illustrate the application of auction theory in economics. In the New Books section, Professor Wu Jinglian and Professor Qian Yingyi each recommend two richly informative books. Professor Qian also elaborates on his views on economic growth, emphasizing that incentives must be properly addressed for sustainable growth. The articles by Andre Shleifer, Paul Joskow, and George Yarrow all revolve around the theme of regulation. Ronald Gilson and Curtis Milner's article specifically discusses government regulation with Japan as a case study.

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