Economic Analysis of Law in China

China's financial success in recent years has come in part from careful study and application of elements of law and economics, but this is the first collection of significant and specific discussions on the topic by European and Chinese experts. The collection begins with analyses of basic features of the Chinese economic system, which compares Chines and European federalism from the perspectives of laws and economics, a study of the evolving effort toward efficient taxation in China, and a paper on legal pluralism in the governance of a transitional China. Papers on specific aspects of the Chinese legal system from an economic viewpoint cover competition policy and the draft of the Chinese competition law, theories of professional regulation, regulatory arrangements and incentives for opportunistic behavior, special treatment firms, monitoring fiduciary duties, and stable self-enforcement and distribution of property rights. Papers address intellectual property law and compensation for oil pollution damage. Annotation ©2008 Book News, Inc., Portland, OR (booknews.com)