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Resources, Power, and Economic Interest Distribution in China
Engelsk
Bogcover for Resources, Power, and Economic Interest Distribution in China af Zhang Yishan, Wang Guangliang, Yu Weisheng, 9780367654696
Specifikationer
Sprog:
Engelsk
Sider:
312
ISBN-13:
9780367654696
Indbinding:
Paperback
ISBN-10:
0367654695
Udg. Dato:
26 sep 2022
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
26 sep 2022

Resources, Power, and Economic Interest Distribution in China

Engelsk
Paperback 2022
Format:

Bog beskrivelse

Based on an investigation of economic and resource allocation factors and their close relation to economic power, this book puts forward the power paradigm, a new economic research paradigm revealing the relationship among power, institutions, and resource allocation mechanisms, helping to establish a valid connection between macroeconomics and microeconomics and shedding light on real-world economic issues.

Drawing on classical, neoclassical, and institutional economics and how these schools of thought have impacted on economic development in China over the past century, the book sheds light on distribution processes and argues that enterprise contracts, market pricing, policies, laws and regulations can all be classified as interest distribution mechanisms informed by a variety of power games. The power paradigm suggests that to achieve full utility and an optimal allocation of resources to foster social welfare, power reciprocity needs to be shared among different economic agents at the same hierarchy level while making sure that power and responsibility are equivalent for each economic agent.

The book will appeal to research students and academics interested in heterodox economics, pluralist approaches, institutional economics, and game theory.

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Specifikationer
Sprog:
Engelsk
Sider:
312
ISBN-13:
9780367654696
Indbinding:
Paperback
ISBN-10:
0367654695
Udg. Dato:
26 sep 2022
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
26 sep 2022
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