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- W2389628169 abstract "The law and finance theory argues that law is an important systematic factor of financial development.As a transitional country,China's financial development is experiencing a system reform and need the law to support and protect its fruits.So the law plays an important role in the financial development.The relationship between them is an important project to research.In this paper, the legislation efficiency and law enforcement efficiency were designed to indicate China's legal system development,with the financial depth and liberalization indexes to indicate the degree of financial development.The paper found through empirical testing that between the variables there exist significant co-integration and causal relationship.China's legal system has a positive and far-reaching impact on the financial development but the financial development can't cause the legal system transform efficiently.It's important to perfect the legal system to promote the financial development and more attention should be paid to improve the legislation efficiency.How to transform the current compulsory system vicissitude to causality system vicissitude still needs further research." @default.
- W2389628169 created "2016-06-24" @default.
- W2389628169 creator A5040054514 @default.
- W2389628169 date "2009-01-01" @default.
- W2389628169 modified "2023-09-26" @default.
- W2389628169 title "Study of Relationship between Legal System and Financial Development in Transitional China" @default.
- W2389628169 hasPublicationYear "2009" @default.
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