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Concluding Part II

from Part II - China’s Development Trajectory and the Role(s) of Law

Published online by Cambridge University Press:  10 August 2023

Tamar Groswald Ozery
Affiliation:
Hebrew University of Jerusalem
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Summary

Chapter 4 examines legal configurations of political power dynamics during the Legal Modernization Era (ca. 1992–2010) – a golden age for legal reformers in China. The chapter reviews the development of significant national-level economic laws and regulations that gradually replaced many of the fragmented and probationary rules used earlier. The analysis of legal and policy documents suggests that the use of law in this period was consciously directed in two main directions: the use of law to structure and support the creation of markets (i.e., the economic function) and the use of law to reconfigure governance capacities and boost more centralized market regularity within the Party-state system (i.e., the political function). These two functions of law also set the foundation for what is known today as China’s state capitalism and its dominance in the domestic and international markets.

Type
Chapter
Information
Law and Political Economy in China
The Role of Law in Corporate Governance and Market Growth
, pp. 100 - 102
Publisher: Cambridge University Press
Print publication year: 2023

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  • Concluding Part II
  • Tamar Groswald Ozery, Hebrew University of Jerusalem
  • Book: Law and Political Economy in China
  • Online publication: 10 August 2023
  • Chapter DOI: https://doi.org/10.1017/9781009158251.010
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  • Concluding Part II
  • Tamar Groswald Ozery, Hebrew University of Jerusalem
  • Book: Law and Political Economy in China
  • Online publication: 10 August 2023
  • Chapter DOI: https://doi.org/10.1017/9781009158251.010
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Concluding Part II
  • Tamar Groswald Ozery, Hebrew University of Jerusalem
  • Book: Law and Political Economy in China
  • Online publication: 10 August 2023
  • Chapter DOI: https://doi.org/10.1017/9781009158251.010
Available formats
×