Law and Political Economy in China

Tamar Groswald Ozery is an Assistant Professor at the Hebrew University of Jerusalem. 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 US-China Economic and Security Review Commission. Prior to academia, she spearheaded the China department of a leading Israeli law firm.

'What is the role of law in the dramatic development of Chinese firms and Chinese capital markets in the last decades? Tamar Groswald Ozery explores this critical question by skillfully examining numerous corporate law reforms in China in view of its unique political context. The result is a remarkable book that offers a goldmine of information on Chinese corporate governance, a fascinating account of the different functions of corporate law in China's autocratic party-state system, and new lenses for understanding the relationship between law and development.' Mariana Pargendler, Professor of Law at Fundação Getulio Vargas Law School in São Paulo

• Introduction; Part I. Economic Development and the Role of Law: 1.1 The Traditional Framework; 1.2 Law and Political Economy: A New Paradigm; Part II. China's Development Trajectory and the Role of Law: 2.1 Early Reform Era (December 1978–1991); 2.2 Legal Modernization Era (1992–2009); 2.3 Legalized Politicization Era (From 2010 to Present); Part III. Law and Political Economy in Corporate China: 3.1 Corporate Governance under Market Experimentation; 3.2 Corporate Governance under State Capitalism; 3.3 Legally Politicized Corporate Governance; 3.4 Legally Politicized Corporate Governance as a Functional Alternative; Conclusions; Appendix: Methodology and Data Selection; Index.