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The Qing court always has special tax incentives

Grabbing Hand vs. Enabling Hand: A Comparison of China and Japan in Response to the West in late 19th Century

Observers of the late developing states have long stressed the role of the government in the catch-up process. They often claim that the low market demand, capital shortages, and [...]

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Russia's economy is always behind China

Comparing Transitions of Russia and China (Part II)

(Editor’s Note: This is the second part of a two-part essay. The first part was published on the April issue of Perspectives.) Section 2: The Similarities It is much [...]

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Ancient Roman Empire

Republicanism and Democracy

What is republicanism?  What is its relationship with the theory and practice of democracy? As I mentioned in the last essay, republicanism is regarded as one of the four sources of democratic [...]

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Contents

22/10/2020

1. From the Co-Editors (Bo LI & Li-an ZHOU) 2. News Review (Jie SHEN) 3. Economics     China’s Economic Reform: Past, Present and Future (WU Jinglian) 4. Feature: The Rule of Law and China    [...]

map of USA

Leveraged Buyouts: Inception, Evolution, and Future Trends

Abstract: This paper examines the inception and evolution of the leveraged buyout (LBO) business in the United States and analyzes future trends. The factors contributing to the rises and [...]

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China's economy has developed rapidly

China’s Economic Reform: Past, Present and Future

Achievements and Problems The current Chinese economic reforms have resulted in significant progress in the last twenty years. An important sign of these progresses has been the diminishing importance [...]

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statue of Aristotle

Equality and Democracy

According to Professor Robert Dahl, the fourth, and last, important source affecting the development of democracy is the logic of political equality. In this essay, we will explore the [...]

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Perspectives

21/10/2020

Perspectives is primarily designed to exchange ideas, broaden knowledge and vision, and stimulate new thinking. The articles target general readers as well as academics. While commentaries and essays relating to [...]