| On Economic Law’s Legal Regulation of Contracts Between Banks and Government |
| PUBLICATIONS |
| 2015-03-29 11:21:07 |
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On Ecomomic Law's Legal Regulation of Contracts Between Banks and Government
——LIxi-chen
Abstract:State-owned commercial banks, playing an important part in the development of Chinese commercial banks, have got a close relationship with government due to the unique evolutionary path. Therefore, economic law which regulates state-owned commercial banks should concentrate on relations between banks and government. Public choice theory believes that contract has the power to solve problems between public life and civil life. Contract theory provides us an inspiration approach for research on legal regulation between banks and government.In the perspective of contract, contract between banks and government evolved from enforcement to liberalization. The development of contract between banks and government needs perfect legal system. However,economic law which regulates the contract has many problems,and the reasons are conflicts of utilitarian goals,improper contractual arrangement ect.To change such disharmony,economic law should be rebuilt on communication methods, exchange mechanism,specific rules ect.
Key words:contract between banks and government; economic legal relations between banks and government |