Ideas from the theory of incentives and organization are deployed to examine how some aspects of economic governance--primarily protection of property rights, enforcement of contracts, and oversight regulation--can be...Ideas from the theory of incentives and organization are deployed to examine how some aspects of economic governance--primarily protection of property rights, enforcement of contracts, and oversight regulation--can be improved for achieving better economic growth and development. Some suggestions for reform of governance institutions in developing countries are offered.展开更多
The four-decades long exchanges with Chinese scholars has provided me with a fresh perspective.Reading history makes me feel that the talents of the historical Chinese who created the country’s glorious ancient civil...The four-decades long exchanges with Chinese scholars has provided me with a fresh perspective.Reading history makes me feel that the talents of the historical Chinese who created the country’s glorious ancient civilization are still being carried on today,and have become the foundation enabling China to build an ideal type of society.Indeed,China regards “becoming developed” as its ultimate goal and “reform and growth” as its guideline.The progress of artificial intelligence would not remove its own weakness of democracy.On the contrary,as the technology grows mature,it might steer development of socialism in a favourable direction.展开更多
文摘Ideas from the theory of incentives and organization are deployed to examine how some aspects of economic governance--primarily protection of property rights, enforcement of contracts, and oversight regulation--can be improved for achieving better economic growth and development. Some suggestions for reform of governance institutions in developing countries are offered.
文摘The four-decades long exchanges with Chinese scholars has provided me with a fresh perspective.Reading history makes me feel that the talents of the historical Chinese who created the country’s glorious ancient civilization are still being carried on today,and have become the foundation enabling China to build an ideal type of society.Indeed,China regards “becoming developed” as its ultimate goal and “reform and growth” as its guideline.The progress of artificial intelligence would not remove its own weakness of democracy.On the contrary,as the technology grows mature,it might steer development of socialism in a favourable direction.
