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Parse of China - Gradual Reform Logic Based on Bargaining Game (Hardcover, 1st ed. 2017) Loot Price: R3,430
Discovery Miles 34 300
Parse of China - Gradual Reform Logic Based on Bargaining Game (Hardcover, 1st ed. 2017): Yilun Tong

Parse of China - Gradual Reform Logic Based on Bargaining Game (Hardcover, 1st ed. 2017)

Yilun Tong

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Loot Price R3,430 Discovery Miles 34 300 | Repayment Terms: R321 pm x 12*

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This book focuses on the gradual reform of Chinese society since China's opening up to the world, and gives a unified explanation of the process based on bargaining theory. It studies institutional changes as a non-violent bargaining process in which different parties constantly make adjustments to social contracts by following the tradition of classical economics initiated by Adam Smith. The book has two major conclusions: First, bargaining-driven institutional reform ensures both efficiency and equality. Second, bargaining-driven institutional reform involves the principles of, and is an essential approach to democracy. The book's interpretation of the economic phenomena and the reform mechanism in China not only reflects China's 30-year reform experience, but also pays due homage to the academic heritage in the related areas. Yet, as a departure from traditional theories of the Chinese reform, this book lays out a unified and legitimate theoretical framework in order to clarify the international misinterpretations of China's social change and institutional reform.

General

Imprint: Springer Verlag, Singapore
Country of origin: Singapore
Release date: July 2017
First published: 2017
Authors: Yilun Tong
Dimensions: 235 x 155mm (L x W)
Format: Hardcover
Pages: 258
Edition: 1st ed. 2017
ISBN-13: 978-981-10-4477-9
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Economics > Development economics
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LSN: 981-10-4477-5
Barcode: 9789811044779

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