Market Economy "Modern System" and "East Asian Model"

Author: Liu Lizhen
Publisher:
Publish Date: 2000-09-01
Features: This book employs the research method of institutional analysis to reveal the relationship between economic systems and economic growth, with a focus on analyzing the evolution of the operating system of the market economy from classical to modern. It examines the target model, material foundation, challenges, and the East Asian model under the modern market economy system. In the face of the historical rule of dominance in various fields, people often feel mysterious and confused; why do technological innovation, economic prosperity, and social progress among nations and regions differ greatly in different times or the same time? "Science and technology are productive forces" is an undeniable fact, yet where does the driving force of technological innovation come from? What this book aims to explain is: if a society is slow in development, inefficient, and prone to crises, it must be due to problems in its economic system and the incentives it determines. The economic system needs continuous innovation and optimization. This book employs the research method of institutional analysis to reveal the relationship between economic systems and economic growth, with a focus on analyzing the evolution of the operating system of the market economy from "classical" to "modern"; the target model, material foundation, challenges, and the East Asian model under the "modern market economy system."

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