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Asked out long been curious question: „Why is Deng cheap nike air max 2009 shoes online Xiaoping a soft spot for the ‚invisible hand‘? former commanded millions of field army, served as the general secretary of the CPC Central Committee and Vice Premier of the State Council of the big politicians clearly have a pair of ‚visible hand‘ Is he not do not know, to expand the market price mechanism in allocating resources range, the total contraction in part dictate the scope of the ‚visible hand‘? powers in hand, resolutely advancing prices checkpoints, is this why? “

Then get the answer, is nothing more than a highly centralized planned system gradually accumulated towering operating costs, Once you reach unbearable degree of decentralization reform „is perhaps a relief outlets. As for the the super national company has always been Zhengqigeyi „power + right“ Once decentralization, not completely controlled by the above. The increase in the variety of intent, concept, stakeholders history of occasional small event, with the impact on the actual path of the „decentralization“ and results.

In hindsight, decentralization substantially „the troops in three columns: the part of the right to put a private, such as rural land contracting rights to farmers, the founder of the private enterprises the right to urban and rural entrepreneurs; part of the right to put a“ state-owned enterprises, according to the restructuring huge family; degree or more like private, or more like the male part of the right to local government, the formation of a widely publicized „local government companies. Nor what rights are to go down, and the currency right taxation rights, and all these years more you use the more frequent the „right to regulate“ (essentially the right to control the market), basic or control in the hands of the central government and its ministries. cheap nike air max 95 sale online

Here said single transfer of land rights on the local government. Nice surprise: no one expected Pingpingchangchang’s land I was surprised to hide such a huge economic power. Behind factor mobility and agglomeration laws at work in the land where release of huge gains, and eventually have to decide how to allocate the existing power structure. Since the land from the top-down allocation system evolved into the transfer of local market dominated system, industrialization and urbanization brought up the land revenue in local government „pocket“, can be considered a matter of course. Looking back, if it were not for that chunk of land transfer income, these days the Local Government how too?

This also brings out another effect: put the rights of local governments, is not all that easy to recapture go! The reason only one centralized decentralization because operating costs are too high, more harm than good, so decentralization. The small size of the local government a few dozen, a few hundred, they grip the right in the hands of the „net income“ generally quite high. If so, what would go on decentralization? From international experience, once prosperous very, won the World Bank in recognition of the „East Asian experience, not by the government in the economic growth also play a more active role?

The problem is that the size of Japan, South Korea, Singapore and other countries is a lot smaller than China to go to East Asia, almost elephants such as squirrels, like dance, juggle. But China’s local governments, in the scale size with a number of countries in East Asia is a „perfect match“. Personal opinion, these years of so-called „strong government Chinese model“ of local government in economic affairs is truly strong. The advantage of the nationwide „boilerplate Olympics such as Beijing, Shanghai to host the event, of course, can not be separated from the coordination of the central government, but the real key to a strong government of the two cities very sensitive. The mechanism behind is experienced decentralization reforms of the early fall that nike air max 95 360 uk sale some of the powers of the local government, the need for decentralization.

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Discussion on insert one pair of the land requisition compensation standards, on a period back to continue to study the mechanism of the right also enabling power. Have said, „The right to the right means the rural mountains, land and housing rights, no rights before also, these rights of control in the hands of the government, such as farmers‘ land for construction shall not be transferred to non-farmers, but the government is a requisition over, to sell on the market can. After the transfer of land rights back to the farmer, the Government land acquisition trouble certainly increase. That being the case, why should the Government the right also?

Answer this question, you want to make up a little lesson in China’s economic and institutional change. We may wish to ask, whether the right or not, control the transfer of property rights in the hands of local governments, in turn come? The answer is that it is a product of the reform. Specifically, the original highly centralized planning system decentralization reform achievements.

Classic planned economic system simply does not allow the transfer of the asset market rights. The set from the former Soviet system, the core logic of production are owned by the public and managed directly by the government under the command. Of all assets owned by the state, so you do not need to „transfer“ – no more market for sale – legal status. To be merely „allocated“, mounted their own things like a person from the left pocket to the right pocket as simple, transparent and straightforward. Of this system, in terms of what is for sale, market trading, bargaining, price mechanisms, too cumbersome, too trivial, too preoccupied – In a word, too capitalist.
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The land allocated by the state has always been based on the needs of. Although the „country“ is very abstract, but the government administrative departments and officials are very specific. Big country like China, a multi-level government, the higher the level of general administration, the more representative of the whole country and all the people. The most representative event, I have read reports that the Shekou Industrial Zone is located, Mr. Yuan Geng Zhongnanhai reported, when he was the Vice Premier of the State Council, Li Xiannian holding a red pencil, looked at the map to ask, how much you want to? The south end of the peninsula are zoned to you? Yuan Geng acute A: not use so large, this small one (2.5 km2) is enough – the future Mr. Yuan may regret it for years. Not worth the fuss, anyway, the state-owned land, and then allocated to the Shekou, is still state-owned.

„Allocated“ to „sell“ the meaning of the term difference between institutional distinct. The transfer „Let the meaning of the“ alienation „necessarily involve the resale of assets between multiple subjects of rights. Time, the Chinese how to learn from the experience of Hong Kong land leasing system allocated towards land use rights legally transferred the road from the National Land and reviews of this series have a lot of space did discuss [see the column (21) – (25)] . Here would like to add one thing: If the allocation of rights is highly concentrated in the center, then the transfer of land use rights from the outset put to the local government. Still above example to illustrate the program how much land to Shekou to Zhongnanhai approval; show how much land but later Shekou to the market for sale, owned by Shenzhen tube, Beijing on the matter.

That is to say, the premise of „decentralization“ of market-oriented reforms. About this point in 2008, to commemorate 30 years of reform and opening up when we have had a lot of discussion. Is in July, senior citizens 98 years old and Costello convened at the University of Chicago seminar of the Chinese reform experience, nike air max 2010 shoes cheap I speak at the meeting, „Deng Xiaoping did what?“

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