Comparison (Issue 16)

Author: Wu Jinglian
Publisher:
Publish Date: 2005-01-01
Features: This issue collects some research materials on the comparison of China and Indian economies, along with Paul Milgrom's article on auction theory and Oliver Hart's article on financial contracts, both of which are classic and concise discussions in their respective fields. Milgrom, in particular, uses vivid and interesting examples to illustrate the application of auction theory in the field of 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 getting incentives right is crucial for economic growth. The articles by Andre Shleifer, Paul Joskow, and George Yarrow all revolve around the theme of regulation. Additionally, Ronald Gilson and Curtis Milner's article specifically discusses government regulation, using Japan as a case study.