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Article: The Other Roles of Law: Signaling, Self-commitment and Coordination

TitleThe Other Roles of Law: Signaling, Self-commitment and Coordination
Authors
Issue Date2010
PublisherFederation Press Pty Ltd. The Journal's web site is located at http://www.federationpress.com.au/journals/journal.asp?issn=14430738
Citation
Australian Journal of Asian Law, 2010, v. 12 n. 1, p. 106-137 How to Cite?
AbstractThe existing literature on the role of formal law in economic development mainly focuses on the protective function of law. The dominant position of law and development scholars with expertise on Chinese law or economy downplays the role of formal law in China's economic development. This article, however, demonstrates that there is still inadequate evidence to support this position. In addition to pointing out that there is a role for formal law in China's economic development with respect to the enforcement of contracts and the protection of property rights, this article argues that the formal law has played a much more important role in China's economic development than is recognised by the existing literature if we also take into account the functions of formal law in signalling, self-commitment and coordination.
Persistent Identifierhttp://hdl.handle.net/10722/208129
ISSN
2023 SCImago Journal Rankings: 0.113
SSRN

 

DC FieldValueLanguage
dc.contributor.authorYu, G-
dc.date.accessioned2015-02-12T06:42:14Z-
dc.date.available2015-02-12T06:42:14Z-
dc.date.issued2010-
dc.identifier.citationAustralian Journal of Asian Law, 2010, v. 12 n. 1, p. 106-137-
dc.identifier.issn1443-0738-
dc.identifier.urihttp://hdl.handle.net/10722/208129-
dc.description.abstractThe existing literature on the role of formal law in economic development mainly focuses on the protective function of law. The dominant position of law and development scholars with expertise on Chinese law or economy downplays the role of formal law in China's economic development. This article, however, demonstrates that there is still inadequate evidence to support this position. In addition to pointing out that there is a role for formal law in China's economic development with respect to the enforcement of contracts and the protection of property rights, this article argues that the formal law has played a much more important role in China's economic development than is recognised by the existing literature if we also take into account the functions of formal law in signalling, self-commitment and coordination.-
dc.languageeng-
dc.publisherFederation Press Pty Ltd. The Journal's web site is located at http://www.federationpress.com.au/journals/journal.asp?issn=14430738-
dc.relation.ispartofAustralian Journal of Asian Law-
dc.titleThe Other Roles of Law: Signaling, Self-commitment and Coordinationen_US
dc.typeArticleen_US
dc.identifier.emailYu, G: ghyu@hkucc.hku.hk-
dc.identifier.hkuros171967-
dc.identifier.volume12-
dc.identifier.issue1-
dc.identifier.spage106-
dc.identifier.epage137-
dc.publisher.placeAustralia-
dc.identifier.ssrn3689522-
dc.identifier.hkulrp2020/057-
dc.identifier.issnl1839-4191-

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