Regular and extensive social population mobility in natural economy is neither necessary nor possible while in a planned economic system, social population distribution is necessary but social population mobility is u...Regular and extensive social population mobility in natural economy is neither necessary nor possible while in a planned economic system, social population distribution is necessary but social population mobility is unlikely. Modern market economy as a highly mobile economy has a free-mobile population characteristic of market economy, which is fundamental to optimize human resource distribution. The rule for the modern market-based population movement is as follows: If the mobile population is the rational behavior choosers, under the permissive developmental environment as arranged by the social system, they tend to move from low profit-making fields to high income fields when there exists comparable difference of income in different regions and different industries, and various potential and practical profit-making chances. The degree of difference in comparable income is positively co-relative to the velocity and flux of mobile population.展开更多
Both civil&commercial law and economic law are the main legal basis for supervising market behavior and regulating market order.They are indispensable laws in the national economic development and construction.By ...Both civil&commercial law and economic law are the main legal basis for supervising market behavior and regulating market order.They are indispensable laws in the national economic development and construction.By analyzing the relationship between civil&commercial law and economic law in the context of market economy,this article explores the similarities and differences between,and through the perfection and application of the two,China’s social and economic stability and a lasting progress can be better realized under the mechanism of market economy.展开更多
Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system ...Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system inChina, the exchange rate mechanism of Renminbi must bethoroughly transformed. To accomplish this goal, I believethere are three problems that must be solved: first,展开更多
In China where there is a profound influence of "local magistrates as citizens’ parents" in the traditional sense, people are naturally inclined to rely on government authorities
Building up a socialist market economy in China is an important part of Deng Xiaoping’s theoretical treasury of building socialism with Chinese characteristics. It is also an objective demand for furthering reform an...Building up a socialist market economy in China is an important part of Deng Xiaoping’s theoretical treasury of building socialism with Chinese characteristics. It is also an objective demand for furthering reform and expanding the opening up of China. The "Decision On Some Issues Concerning the Establishment of a Socialsit Market Economic Structure"展开更多
At this stage,the market economy has become an important force to promote China’s economic development.Consolidating the core of market economic development,namely,economic equality and economic freedom,is an inevita...At this stage,the market economy has become an important force to promote China’s economic development.Consolidating the core of market economic development,namely,economic equality and economic freedom,is an inevitable requirement for upholding and improving China’s basic economic system,and it is also an important aspect of the country’s strong guarantee for market economic development.Therefore,it is necessary to research the meaning of the market economy in the constitution,and at the same time clarify the constitutional norms’obligation to guarantee the implementation of state agencies to provide adequate constitutional guarantees for the development of the market economy.展开更多
① Without a correct reform theory, there can be no successful reform practice. Since the Communist Party of China (CPC) convened the Third Plenary Session of the 11 th Central Committee (December, 1978), a fundamenta...① Without a correct reform theory, there can be no successful reform practice. Since the Communist Party of China (CPC) convened the Third Plenary Session of the 11 th Central Committee (December, 1978), a fundamental reason for the tremendous achievements China has scored is that it has had the guidance of Deng Xiaoping Theory. Broad and pro-展开更多
The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of th...The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of the government. This means, on the one hand, that in accordance with the law of value in open market activities,展开更多
The structure of the economy seems to have been reshaped for the post-1980 period with the decisions of January 24,1980 and the structural changes that followed.In the 1980s,which can be called the transition process ...The structure of the economy seems to have been reshaped for the post-1980 period with the decisions of January 24,1980 and the structural changes that followed.In the 1980s,which can be called the transition process to a Free-Market Economy and an open economy,on the one hand,the privatization of state institutions and the determination of the prices of goods and services in free market conditions were tried to be ensured in order to withdraw the state from economic life,on the other hand,it was tried to grant freedom to foreign trade and capital movements.While these two main issues were being realized,the import substitution industrialization strategy was abandoned and the export-led growth model was started to be implemented.The last step of this process of opening up and liberalization was realized with the decision numbered 32 in 1989.While the change in the economic structure was achieved through domestic borrowing in the 1980s,with the liberalization of capital movements in the 1990s,it was seen that economic growth and development were tried to be achieved with hot money inflows rather than foreign direct investments.This orientation made the economy more open to crises,and for the first time there was a crisis in the form of the 1994 economic crisis,which was understood to be caused by hot money.The 1994 economic crisis could only be overcome by giving government guarantees to bank deposits and issuing high-interest Treasury Bills.Even the new banking regulations could not prevent the emergence of similar new economic crises in the following years.Because,we can say that the economic crisis experienced in the 2000s brought about a political transformation along with creating great economic problems.展开更多
China’s accession to the WTO in the year 2001 isan event of great significance in the history of worldtrade.The World Trade Organization,with theoverwhelming majority of its members being marketeconomy countries,foll...China’s accession to the WTO in the year 2001 isan event of great significance in the history of worldtrade.The World Trade Organization,with theoverwhelming majority of its members being marketeconomy countries,follows the rules of market economyin its operation.It is unfair,however,that in its worldwide展开更多
This paper explores a theoretical framework for demystifying the causes of the dysfunction and disorder of the present Chinese market economy.It is posited that Max Weber’s classification of the two potentially confl...This paper explores a theoretical framework for demystifying the causes of the dysfunction and disorder of the present Chinese market economy.It is posited that Max Weber’s classification of the two potentially conflicting ethics he associates with the behaviour of politicians,the ethic of conviction and the ethic of responsibility offers the basis for a more thorough and accurate account of the dysfunction and disorder within China’s current markets and political economy.Indeed,this paper contends that cultural determinism and neo-institutional economics fail to capture the contextual factors influencing the transition from the Maoist era of state control to contemporary China’s market led economy(following the opening-up of the country since 1978)than a wider reaching Weberian analysis of the contextual factors involved might achieve.This paper proposes that the distinct ethical foundation for the Chinese market economy is based upon the ethic of conviction,which is the continuity of the philosophical underpinnings of the national ideology during the Maoist era.In turn,this has led to the distortion of the incentives for firms in China to provide high-quality goods and services.This paper also conducts a study of the ethical foundations of the present Chinese economy from the comparative perspectives of Smith’s concept of the market economy and from a Confucian perspective.Through this comparative examination,it will be demonstrated that the ethical feature of the modern market economy,stemming from Smith and Confucianism,is based on the ethic of responsibility,which is a mutually opposed concept to the ethic of conviction;therefore,firms whose business ethics are founded upon the ethic of“responsibility”are less prone to deceive consumers as they adhere to a contractual“responsibility”towards the consumer that many Chinese firms still see as of secondary importance as the ethic of“conviction”still dominating the policies,society and culture of the centralist economic post-Maoist state.This paper further reveals that larger firms tend to have more corporate social responsibility due to their established branding effect,thus reflecting a more pervasive sense of the ethic of responsibility and vice versa for firms of a smaller size.This paper concludes with an economic model acting as a quantitative framework which further supports the theories proposed.展开更多
The purpose of this paper is to prove the equilibrium of general equilibrium of market economy in China. As a consequence,it is shown that, when the governmentplanning system gradually loses its function,the correspon...The purpose of this paper is to prove the equilibrium of general equilibrium of market economy in China. As a consequence,it is shown that, when the governmentplanning system gradually loses its function,the corresponding equilibrium point sequence of planned/market mixed economy converges to the unique equilibrium point of market economy. This demonstrates that the transition of China’s planned/market mixed economy to market economy will be stable.展开更多
For China, after more than 30 years of market-oriented reforms and a decade of WTO membership, the fight for status as a market economy has still been a tough brawl.
By granting China market economy status,the United States could help promote China’s market reform and increase global competition Facebook and Twitter are revolution-izing how people communicate with one another.
文摘Regular and extensive social population mobility in natural economy is neither necessary nor possible while in a planned economic system, social population distribution is necessary but social population mobility is unlikely. Modern market economy as a highly mobile economy has a free-mobile population characteristic of market economy, which is fundamental to optimize human resource distribution. The rule for the modern market-based population movement is as follows: If the mobile population is the rational behavior choosers, under the permissive developmental environment as arranged by the social system, they tend to move from low profit-making fields to high income fields when there exists comparable difference of income in different regions and different industries, and various potential and practical profit-making chances. The degree of difference in comparable income is positively co-relative to the velocity and flux of mobile population.
文摘Both civil&commercial law and economic law are the main legal basis for supervising market behavior and regulating market order.They are indispensable laws in the national economic development and construction.By analyzing the relationship between civil&commercial law and economic law in the context of market economy,this article explores the similarities and differences between,and through the perfection and application of the two,China’s social and economic stability and a lasting progress can be better realized under the mechanism of market economy.
文摘Exchange rate functions under systems of centrallyplanned economy and market economy are quite different,and the mechanism to determine such exchange rate is alsodifferent. To adopt a socialist market economic system inChina, the exchange rate mechanism of Renminbi must bethoroughly transformed. To accomplish this goal, I believethere are three problems that must be solved: first,
文摘In China where there is a profound influence of "local magistrates as citizens’ parents" in the traditional sense, people are naturally inclined to rely on government authorities
文摘Building up a socialist market economy in China is an important part of Deng Xiaoping’s theoretical treasury of building socialism with Chinese characteristics. It is also an objective demand for furthering reform and expanding the opening up of China. The "Decision On Some Issues Concerning the Establishment of a Socialsit Market Economic Structure"
文摘At this stage,the market economy has become an important force to promote China’s economic development.Consolidating the core of market economic development,namely,economic equality and economic freedom,is an inevitable requirement for upholding and improving China’s basic economic system,and it is also an important aspect of the country’s strong guarantee for market economic development.Therefore,it is necessary to research the meaning of the market economy in the constitution,and at the same time clarify the constitutional norms’obligation to guarantee the implementation of state agencies to provide adequate constitutional guarantees for the development of the market economy.
文摘① Without a correct reform theory, there can be no successful reform practice. Since the Communist Party of China (CPC) convened the Third Plenary Session of the 11 th Central Committee (December, 1978), a fundamental reason for the tremendous achievements China has scored is that it has had the guidance of Deng Xiaoping Theory. Broad and pro-
文摘The goal of China’s economic structural reform is to establish a socialist market system in China which will play a fundamental role in the disposition of natural resources under the macrocontrol and regulation of the government. This means, on the one hand, that in accordance with the law of value in open market activities,
文摘The structure of the economy seems to have been reshaped for the post-1980 period with the decisions of January 24,1980 and the structural changes that followed.In the 1980s,which can be called the transition process to a Free-Market Economy and an open economy,on the one hand,the privatization of state institutions and the determination of the prices of goods and services in free market conditions were tried to be ensured in order to withdraw the state from economic life,on the other hand,it was tried to grant freedom to foreign trade and capital movements.While these two main issues were being realized,the import substitution industrialization strategy was abandoned and the export-led growth model was started to be implemented.The last step of this process of opening up and liberalization was realized with the decision numbered 32 in 1989.While the change in the economic structure was achieved through domestic borrowing in the 1980s,with the liberalization of capital movements in the 1990s,it was seen that economic growth and development were tried to be achieved with hot money inflows rather than foreign direct investments.This orientation made the economy more open to crises,and for the first time there was a crisis in the form of the 1994 economic crisis,which was understood to be caused by hot money.The 1994 economic crisis could only be overcome by giving government guarantees to bank deposits and issuing high-interest Treasury Bills.Even the new banking regulations could not prevent the emergence of similar new economic crises in the following years.Because,we can say that the economic crisis experienced in the 2000s brought about a political transformation along with creating great economic problems.
文摘China’s accession to the WTO in the year 2001 isan event of great significance in the history of worldtrade.The World Trade Organization,with theoverwhelming majority of its members being marketeconomy countries,follows the rules of market economyin its operation.It is unfair,however,that in its worldwide
文摘This paper explores a theoretical framework for demystifying the causes of the dysfunction and disorder of the present Chinese market economy.It is posited that Max Weber’s classification of the two potentially conflicting ethics he associates with the behaviour of politicians,the ethic of conviction and the ethic of responsibility offers the basis for a more thorough and accurate account of the dysfunction and disorder within China’s current markets and political economy.Indeed,this paper contends that cultural determinism and neo-institutional economics fail to capture the contextual factors influencing the transition from the Maoist era of state control to contemporary China’s market led economy(following the opening-up of the country since 1978)than a wider reaching Weberian analysis of the contextual factors involved might achieve.This paper proposes that the distinct ethical foundation for the Chinese market economy is based upon the ethic of conviction,which is the continuity of the philosophical underpinnings of the national ideology during the Maoist era.In turn,this has led to the distortion of the incentives for firms in China to provide high-quality goods and services.This paper also conducts a study of the ethical foundations of the present Chinese economy from the comparative perspectives of Smith’s concept of the market economy and from a Confucian perspective.Through this comparative examination,it will be demonstrated that the ethical feature of the modern market economy,stemming from Smith and Confucianism,is based on the ethic of responsibility,which is a mutually opposed concept to the ethic of conviction;therefore,firms whose business ethics are founded upon the ethic of“responsibility”are less prone to deceive consumers as they adhere to a contractual“responsibility”towards the consumer that many Chinese firms still see as of secondary importance as the ethic of“conviction”still dominating the policies,society and culture of the centralist economic post-Maoist state.This paper further reveals that larger firms tend to have more corporate social responsibility due to their established branding effect,thus reflecting a more pervasive sense of the ethic of responsibility and vice versa for firms of a smaller size.This paper concludes with an economic model acting as a quantitative framework which further supports the theories proposed.
文摘The purpose of this paper is to prove the equilibrium of general equilibrium of market economy in China. As a consequence,it is shown that, when the governmentplanning system gradually loses its function,the corresponding equilibrium point sequence of planned/market mixed economy converges to the unique equilibrium point of market economy. This demonstrates that the transition of China’s planned/market mixed economy to market economy will be stable.
文摘For China, after more than 30 years of market-oriented reforms and a decade of WTO membership, the fight for status as a market economy has still been a tough brawl.
文摘By granting China market economy status,the United States could help promote China’s market reform and increase global competition Facebook and Twitter are revolution-izing how people communicate with one another.