Law & Political Economy in China’s New Era
Date & Time: September 19, 2024 (Thursday) 13:00 – 14:00
Venue: Room 824, 8/F, Cheng Yu Tung Tower, The University of Hong Kong
Language: English
(In-person only)
Abstract：
The talk will discuss the role of formal law in governing markets during China’s “Legalized Politicization Era” (2010–present), the current era of market development in China. In this present era, the authorities over governing markets are being reconfigured to handle the consequences of prior era state capitalism. Such reconfiguration of market governance is achieved through the mobilization of legal institutions in two main directions: intensifying the presence of the regulatory state in the market, and shifting substantial market governance powers directly to the CCP.
The talk is based on the book: Law & Political Economy in China: The Role of Law in Corporate Governance & Market Growth, Cambridge University Press (2023). The book analyzes four decades of market development in China [1978-2021], discussing the role of law as an internal party-state instrument for allocating political-economic power. A substantial part of the book is dedicated to observing how relations of political-economic power are legally configured through the (re)construction of corporate laws and legal institutions.
Speaker：
Tamar Groswald Ozery is an Assistant Professor at the Hebrew University of Jerusalem, Israel. Previously, she was a Grotius Fellow (Michigan Law), a Research & Teaching Fellow (Harvard Law), and the editor of the Harvard Law School Forum on Corporate Governance. Her published scholarly works focus on Chinese corporate governance, cross-border investments, and party-state market relations. She is a frequent commentator on China’s legal system, political economy, and global economic integration; and has testified before the U.S.-China Economic and Security Review Commission. Prior to academia, she spearheaded the China department of a leading Israeli law firm.
Chair:
Ying Xia is the Director of Philip K.H. Wong Centre for Chinese Law, Assistant Professor at The University of Hong Kong.
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The Centre for Chinese Law at the University of Hong Kong promotes legal scholarship with the aim to develop a deeper understanding of China and facilitate dialogue between East and West. For more information, visit: Centre for Chinese Law