中国人为什么勤劳却不富有（Why are the Chinese industrious but not rich）.docVIP

中国人为什么勤劳却不富有（Why are the Chinese industrious but not rich） The hard work of many cheap labor forces can make up for the lack of institutional capital at the initial stage of economic growth, which is an important reason for the rapid growth of Chinas economy in the past two decades. But statistics show that the more industrious the country, the lower the per capita GDP. When a countrys institutional mechanism is not conducive to market transactions, a considerable part of the people are industrious for the cost of * * * system. The citizens of these countries must not only work harder, but also get lower incomes. Earlier, we talked about martial arts as a kind of property and contract rights protection mechanism, especially when the formal justice is not reliable when it is to establish and maintain economic order can play a positive role, can promote the occurrence and development of the market economy transactions in a certain range. But we also see that with the establishment of the crude violence jungle rules and the corresponding order is often an inefficient multipolar order, it can only support the development of the market economy to a certain extent, can not make a full national economy deepen. In order to make the economy realize the most possible deepening, we need a kind of unipolar order supported by some kind of formal judicial support. This brings us back to the subject of Institutional Economics (InstitutionalEconomics). Since 1993. Douglas North won the Nobel prize in economics, institutional economics and economics circles once again become a hot industry, we have a time to determine the system or the system of capital cost on the economic development. But today, turned to look at the market system environment and the level of rule of law Chinese, we began to wonder: Chinese the rule of law and the protection of property rights is still quite inadequate, but these years GDP is at an average annual rate of more than 9% in growth, how is this going?