An analysis of the relationship between economic growth and the rule of law: a lesson from China's experience

Xu, Yaliang (2011) An analysis of the relationship between economic growth and the rule of law: a lesson from China's experience. VISTAS: Education, Economy and Community, 1 (1). pp. 36-49. ISSN 2047-7449

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Abstract

Since 1978, China's economic boom has attracted great attention from economists. However, it is perhaps too early to make any judgement over the lessons learnt from China's economic development. To presume China will overtake America to become the first economic superpower, or to presume that China will collapse due to increasing social problems would be somewhat slapdash. Nevertheless, a fact that must be faced is that in the past 30 years, both China's GDP growth and social problems have rapidly increased hand-in-hand. It seems that there is a question that must be asked: is there a way to promote economic growth and social stability at the same time? Perhaps one of the answers is to establish rule of law. This paper is based upon China's experience of economic growth, and analyses the relationship between rule of law and the economy.

Item Type: Article
Additional Information: © University of West London 2011
Uncontrolled Keywords: China; 21st century; modern China; economic growth; economic development; rule of law
Subjects: Law and criminal justice > Law
Social sciences > Economics and economic history
Depositing User: Meried Belete
Date Deposited: 14 Feb 2017 15:59
Last Modified: 21 Mar 2017 09:31
URI: http://repository.uwl.ac.uk/id/eprint/3145

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