Weishaar, E. Stefan; Philipsen, Niels; Xu, Wenming --- "Regulatory Reform in China and the EU" (Edward Elgar Publishing, 2017) [2017] ELECD 1124

Editor(s): Weishaar, E. Stefan; Philipsen, Niels; Xu, Wenming

Title: Regulatory Reform in China and the EU

Sub-title: A Law and Economics Perspective

Series: New Horizons in Law and Economics series

Topics: Asian Law; Law and Economics; Regulation and Governance

Publisher: Edward Elgar Publishing

Date of Publication: 25 August 2017

Number of pages: c 296

ISBN (hard cover): 9781785368530

EISBN: 9781785368547

Abstract/Description:

With the Chinese government planning a comprehensive and detailed reform of regulatory law, the European experience is likely to contribute significantly. This timely book analyses comparative Chinese and EU regulatory reform from a Law and Economics perspective.

With eminent international contributors, Regulatory Reform in China and the EU sets out a reform agenda by addressing financial markets, social and administrative regulation, and environmental protection. The first part of the book discusses the banking sector reform and the stock market regulation concerning institutional investors, insider trading and private enforcement. A second part discusses contract law and considers how EU state aid policy could also influence reform on (local) government in other jurisdictions. Third, environmental pollution and the need for stricter regulation are considered, with a focus on the possibilities of investment in new technology, such as offshore carbon capture and storage, economic growth and the nexus between WTO law and climate change. The fourth and final part of the book includes an essay by Jonathan Klick on the empirical analysis of regulation, with a particular focus on field experiments in China.

Academics and postgraduate students of both Economics and Law with a particular interest in regulation will find this book valuable and compelling. Policymakers and practitioners will also benefit from the insights revealed by the collaboration of lawyers and economists.