Law and economics with Chinese characteristics : institutions for promoting development in the twenty-first century / edited by David Kennedy and Joseph E. Stiglitz.

Includes bibliographical references and index.

Introduction / David Kennedy and Joseph E. Stiglitz -- Law and development economics : toward a new alliance / David Kennedy -- Creating the institutional foundations for a market economy / Joseph E. Stiglitz -- Analyzing legal formality and informality : lessons from the land titling and microfinance programs / Antara Haldar and Joseph E. Stiglitz -- The economics behind law in a market economy : alternatives to the neoliberal orthodoxy / Joseph E. Stiglitz -- Some caution about property rights as a recipe for economic development / David Kennedy -- Rural land rights in China / Roy Prosterman -- The role of property rights in Chinese economic transition / Kenneth Ayotte and Patrick Bolton -- Institutional design for China's innovation system : implications for intellectual property rights / Joseph E. Stiglitz -- The evolution of China's IPR system and its impact on the innovative performance of MNCs and local firms in China / Zheng Liang and Lan Xue -- Property and intellectual property exchanges (PIPEs) in China since the 1990s : an analysis of the emergence and regulatory resolution of PIPEs and their comparative advantage over OTC markets / Heping Cao -- The China aviation oil episode : law and development in China and Singapore / Curtis J. Milhaupt and Katharina Pistor -- Legal deterrence : the foundation of corporate governance : evidence from China / Zhong Zhang -- Generosity and participation : variations in urban China's minimum livelihood guarantee policy / Qin Cao and Carl Riskin -- The intergenerational content of social spending : health care and sustainable growth in China / Jean-Paul Fitoussi and Francisco Saraceno -- The Houkou reform and unification of rural-urban social welfare / Cai Fang -- Deregulation, decentralization, and China's growth in transition / Justin Yifu Lin, Mingxing Liu, and Ran Tao -- From industrialization to urbanization : the social consequences of changing fiscal incentives on local governments' behavior / James Kai-sing Kang, Chenggang Xu, and Feizhou Zhou -- China's network justice / Benjamin L. Liebman and Tim Wu -- China's courts : restricted reform / Benjamin L. Liebman.

This volume examines the role of law in economic development. It focuses on China and analyzes how the development policies and institutional characteristics of the emerging Chinese market economy might aid policymakers, in developed and developing countries, to create and reform frameworks to achieve equitable and sustained development.