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China Task Force Meeting, Manchester 2006

August 8, 2006

Brooks World Poverty Institute at the University of Manchester   Manchester, United Kingdom

Agenda  36kb pdf
Meeting Report  201kb pdf

This task force is a global joint undertaking between Columbia University (including the Initiative for Policy Dialogue, the Committee on Global Thought, the East Asia Center, and the Law School), China (including Tsinghua University, Peking University, and the Development Research Forum), and the University of Manchester's Brooks World Poverty Institute.

China is entering a critical phase in its move to a market economy, in which it will establish the basic institutional foundations of a market economy, including legal frameworks that will govern property rights, competition, corporate governance, intellectual property, bankruptcy, contracts, etc. There is, of course, more than one form of market economy - the Scandinavian model differs from the Anglo-American, the Japanese, and the Continental European models, and by the same token, there are marked differences in legal structures. China has committed itself to developing a market economy with its own distinctive characteristics. Ongoing debates and discussions, and discussions over the next few years, will have a major effect in determining the kind of market economy into which China will evolve.

This provides a unique opportunity to think about the differences in institutional arrangements and their consequences - and what would normally be an academic exercise could turn out to have enormous impact for a quarter of the world's population.

The project entails papers describing the major issues and trade-offs in each of the areas of focus and global experiences; the development of courses/curriculum based on these global perspectives which would be piloted at Columbia and at Tsinghua and Peking Universities; and a presentation of the results to policy makers in China. The task force might ultimately put out a book, a compilation of papers and commentaries that would be published in Chinese and in English, in one of the series of books which Oxford University Press and Columbia University Press are publishing for the Initiative for Policy Dialogue. A final stage of the project would reflect on the role of differences in perspectives, history, and circumstances in shaping views on these critical institutional/policy issues.

  • Richard Agenor
    Task Force Member
    Professor
    University of Manchester
  • Erik Berglof
    Task Force Member
    Chief Economist
    European Bank for Reconstruction and Development
  • Patrick Bolton
    Task Force Member
    Barbara and David Zalaznick Professor of Business
    Columbia University Business School
  • Ping Chen
    Task Force Member
    Professor
    China Center for Economic Research, Peking University
  • Zhiyuan Cui
    Task Force Member
    Professor, Public Policy and Management
    Tsinghua University
  • Xinghai Fang
    Task Force Member
    Deputy Director-General, Office for Financial Services
    Shanghai Metropolitan Government
  • Jean-Paul Fitoussi
    Task Force Member
    Professor of Economics
    Institut d'Etudes Politiques de Paris
  • Jun Fu
    Task Force Member
    Deputy Dean of School of Government
    Peking University
  • James Galbraith
    Task Force Member
    Professor of Government, LBJ School of Public Affairs
    University of Texas
  • Athar Hussain
    Task Force Member
    Deputy Director, Asia Research Centre
    London School of Economics
  • Mo Ji
    Task Force Member
    PhD Candidate
    Columbia University
  • David Kennedy
    Task Force Chair
    Professor
    Harvard Law School
  • Aziz Khan
    Task Force Member
    Professor
    Columbia University
  • Peter Kirby
    Task Force Member
    Professor
    University of Manchester
  • Lawrence Lau
    Task Force Member
    Vice-Chancellor
    The Chinese University of Hong Kong
  • Hong Liu
    Task Force Member
    Director, Centre for Chinese Studies
    University of Manchester
  • Mai Lu
    Task Force Member
    Secretary General
    China Development Research Foundation
  • Xiaobo Lu
    Task Force Member
    Professor
    Barnard College
  • Akbar Noman
    Task Force Member
    Senior Policy Fellow
    Initiative for Policy Dialogue (IPD)
  • Anthony Ogus
    Task Force Member
    Professor
    University of Manchester
  • Katharina Pistor
    Task Force Member
    Associate Professor, School of Law
    Columbia University
  • Carl Riskin
    Task Force Member
    Professor of Economics
    The Graduate Center, City University of New York
  • Charles Sabel
    Task Force Member
    Maurice T. Moore Professor of Law
    Columbia University
  • Francesco Saraceno
    Task Force Member
    Professor
    Sciences Po Institut d'Etudes Politiques de Paris
  • Joseph Stiglitz
    Task Force Chair
    Co-President
    Initiative for Policy Dialogue (IPD)
  • Robert Wade
    Task Force Member
    Professor of Political Economy, Development Studies Institute
    London School of Economics
  • Weidong Paul Wang
    Task Force Member
    Adjunct Professor of Business Law and Ethics
    China Center for Economic Research, Peking University
  • Christine Wong
    Task Force Member
    Senior Fellow in Contemporary Chinese Studies
    University of Oxford
  • Chenggang Xu
    Task Force Member
    Professor, Economics and Finance
    The University of Hong Kong
  • Lan Xue
    Task Force Member
    Dean of School of Public Policy and Management
    Tsinghua University
  • Yin-Fang Zhang
    Task Force Member
    Professor, Institute for Development Policy and Management
    University of Manchester
Chinas Challenges in Environmental Regulation

51kb pdf
Ye Qi

Chinas Liberalization Two-Step: A Response to Globalization

130kb pdf
Roselyn Hseuh

Collective Forest Tenure Reform in China Analysis of Driving Forces and Performance

270kb pdf
Jintao Xu

Financial Reforms in China

21kb pdf
Deming Huo

The Dialectics of Law and Development: On Implementing Institutions - Yunus and De Soto Compared

223kb pdf
Joseph Stiglitz,
Antara Haldar

Remarks on China's 11th Five-Year Plan: Another Major Step in China's Transition to a Market Economy

76kb pdf
Joseph Stiglitz

China's Corporate Governance Challenges

58kb pdf
Patrick Bolton

Comprehensive Development Strategies in Water Management, Corporate and Community Governance, and Fiscal and Institutional Federalism

13kb pdf
Ping Chen

Corporate Governance in the Context of Globalization: Institution Autopsy of the China Aviation Oil Case

28kb pdf
Katharina Pistor,
Curtis Milhaupt

Corporate Governance Issues

10kb pdf
Xinghai Fang

Design Incentive Compatible Institutional Changes: Lessons from China

60kb pdf
Chenggang Xu

Developing Economies as Toyoda Production Systems: Why the Analogy Makes Sense, How it Can Inform Industrial Policy

154kb pdf
Charles Sabel

Financial Architecture in Emerging Market Economies

187kb pdf
Patrick Bolton,
Xavier Freixas

From Player to Referee: The Emergence of the Regulatory State in China

171kb pdf
Xiaobo Lu

From Player to Referee: The Rise of the Regulatory State in China (PowerPoint)

134kb pdf
Xiaobo Lu

Law, Regulation and Enforcement: the Experience of China

20kb pdf
Yin-Fang Zhang

Law, Regulation and Enforcement: The Link between Law and Law Enforcement Institutions

23kb pdf
Katharina Pistor

Laws and Developments

723kb pdf
David Kennedy

Notes on Law, Regulation and Enforcement: The Experience of the West

9kb pdf
Anthony Ogus

Notes on Property Rights: The Historical Experience of the West

10kb pdf
Anthony Ogus

Overview: Viewing the project within the academic settings in Beijing and the West

17kb pdf
Katharina Pistor

Property Rights: The Historical Experience of the West

44kb pdf
David Kennedy

Property Rights: The Historical Experience of the West (PowerPoint)

32kb pdf
David Kennedy

Role of Property Rights, Limitations on Property Rights, Ideology and Property Rights

22kb pdf
Lawrence Lau

Some Aspects of the Property Rights Issue in China

59kb pdf
Carl Riskin

Speaking Points

31kb pdf
Francesco Saraceno

Sustainable Development and the Open-Door Policy in China

165kb pdf
James Galbraith,
Jiaqing Lu

The Institutions of Economic Development: Two Views

17kb pdf
Charles Sabel

Legal Deterrence: The Foundation of Corporate Governance - Evidence from China

367kb pdf
Zhong Zhang

Challenges for the Implementation Strategy of Affordable China Housing

407kb pdf
Jin Yeu Tsou,
Han Yu,
Hui Heung-Sum Cecilia

Labour Market Regulations and Informal Employment in China: To What Extent are Workers Protected?

193kb pdf
Fang Lee Cooke

Principles of Regulation

149kb pdf
Joseph Stiglitz

Regulation and Corruption in China

5kb pdf
Xiaobing Wang

The Financial Crisis of 2007/2008 and its Macroeconomic Consequences

176kb pdf
Joseph Stiglitz