The Rule of Law in Economic Affairs: Escorting a New Normal of China’s Economy

Author(s):  
Jia Yao

Significance The erosion of the rule of law and systemic corruption have not had a substantial impact on capital attraction. Despite occasional anti-capitalist rhetoric and measures to expel foreign companies in some sectors such as media, banking and energy, the government makes individual deals with multinational firms and tries to accommodate them into a 'new normal' based on loyalty to it. Impacts Prime Minister Viktor Orban’s Fidesz party has a slightly better chance of winning the elections than its main rival. Hungary would adopt a tough position towards China if the united opposition won the election. Germany’s pragmatic and economy-first approach to Hungary will not change following its own September 27 elections.


2021 ◽  
Vol 2 (1) ◽  
pp. 41-57
Author(s):  
Roziqin Roziqin

China's economic growth during the Covid-19 pandemic was impressive because it did not fell into recession. China's government has become a role model for facing Covid-19 outbreaks. China is now the world's wealthiest country, if we see its Gross Domestic Product from Purchasing Power Parity (GDP-PPP). China's position as the number one globally is faster than Jacques's prediction in 2009 that it will happen in 2050. For China, which does not implement liberal democracy, the writer hypothesizes that the reasonable choice to develop the economy is state-driven development through the rule of law. At present, the rule of law has become a daily conversation of the Chinese people. However, there are still many outsiders who doubt China has and applies the rule of law. It happens because China implements the rule of law with Chinese characteristics. This research will study the rule of law with Chinese characteristics, China's effort to implement the rule of law, and the rule of law on China's economy. This study uses a qualitative descriptive approach to explain the rule of law with Chinese characteristics.  It will analyze the rule of law concept and its effect on China's economy. China applies the rule of law with Chinese characteristics based on Chinese traditions, which are heavily influenced by Confucius's teachings and prioritize obligations rather than rights. China has done many reforms action to implement the rule of law. The implementation of the rule of law in china makes China become a prosperous country now.


2021 ◽  
Author(s):  

The world is becoming more authoritarian as autocratic regimes become even more brazen in their repression and many democratic governments suffer from backsliding by adopting their tactics of restricting free speech and weakening the rule of law, exacerbated by what threatens to become a "new normal" of Covid-19 restrictions. Over a quarter of the world's population now live under democratically backsliding governments, including some of the world's largest democracies, such as Brazil, India and three EU members - Hungary, Poland, and Slovenia. Together with those living in non-democratic regimes, they make up more than two-thirds of the world's population.


IEE Review ◽  
1989 ◽  
Vol 35 (6) ◽  
pp. 218
Author(s):  
Clifford Gray
Keyword(s):  

IEE Review ◽  
1989 ◽  
Vol 35 (1) ◽  
pp. 24
Author(s):  
H. Aspden
Keyword(s):  

2020 ◽  
Vol 28 (3) ◽  
pp. 355-377
Author(s):  
Lydia A. Nkansah ◽  
Delali A. Gawu

There have been seven general elections, under Ghana's Fourth Republic, to elect presidents and members of parliament. There are laws regulating the electoral process and election results have generally been accepted and, in a few cases, challenged through the laid-down process. Elections in Ghana are nonetheless reportedly flawed with irregularities tainting the outcome and creating tensions and sometimes pockets of violence. This article examines the electoral process under Ghana's Fourth Republic, namely the adoption of regulations for each electoral cycle, voters’ registration and the voters’ register, nomination of aspirants, voting, counting of votes and declaration of the results. To ensure the integrity of the electoral process, the laws regulating elections should comply with the dictates of the procedural requirements of the rule of law and the Electoral Commission's actions must be consistent with these laws.


1993 ◽  
Vol 3 (1) ◽  
pp. 71-72
Author(s):  
Phil Baker

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