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Anthony J. Venables, L. Alan Winters and Linda Yueh

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Edited by Linda Yueh

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Linda Yueh

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Linda Yueh

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The Law and Economics of Globalisation

New Challenges for a World in Flux

Edited by Linda Yueh

This inter-disciplinary volume focuses on the economic and legal challenges confronting globalisation and the evolution of the global system. The Law and Economics of Globalisation discusses the hotly debated topic of globalisation from a wide set of perspectives of law, economics and international political economy.
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Linda Yueh

China’s economy has been remarkably successful since market-oriented reforms were introduced in 1979. Its growth of real gross domestic product (GDP) has averaged over 9 per cent per annum over this period, propelling China to become the world’s fourth-largest economy in the span of a couple of decades. However, recently, there has been doubt as to the sustainability of its economic growth. This may come as a surprise to many, but not to those who have studied its particular path of economic transition. This chapter analyses how the ‘gradualist’ path of economic reform taken by China predicted the current state of uncertainty regarding its growth prospects. It then discusses China’s approach to economic growth. Next the chapter analyses the benefits and challenges of globalization and argues that it may be the best remedy for resolving the structural problems resulting from China’s transition and growth process.
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Linda Yueh

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Linda Yueh

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Linda Yueh