Research on Innovation of China's Insurance System

Author: Shi Jianxiang
Publisher:
Publish Date: 2006-07-01
Features: The important innovations of this book include:
(1) New research methods and perspectives. For the first time in China, it systematically conducts normative and empirical research on China's insurance system from the perspective of institutional innovation.
(2) A fresh research starting point. The book initially classifies China's insurance system since the founding of the country into three types—state-based, fiscal-based, and financial-based—using the relationship between insurance and fiscal distribution as well as property rights structures as criteria. It then attempts to analyze the development history of China's insurance industry from the perspective of institutional change, identifying the underlying institutional characteristics behind its establishment, disappearance, revival, and rapid growth, thereby providing feasible pathways for the innovative development of China's insurance system.
(3) New research content. The book first establishes an insurance system innovation model that combines government promotion and market enhancement, clarifying that marketization is the goal of China's insurance system innovation. It systematically introduces the current state and innovative ideas of China's insurance system from both vertical and horizontal relationships, establishing a institutional innovation linkage system from transaction to regulation.