Friday, September 12, 2014
ANBOUND:The Economic and Political Cost of Anti-corruption
ANBOUND
The anti-corruption campaign following the completion of 18th Party Congress has lasted for two years till now. ANBOUND research team states that China's current anti-corruption campaign should not only focus on political aspect, but should also take economic cost into consideration. Moreover, it requires short-term efforts as well as long-term perseverance. Besides anti-corruption, further methods should be carried out in order to promote the market-oriented reform, in order to establish a new market mechanism and encourage the development of new enterprises through new regulations. The success of economic transition will provide more powerful support for normalized anti-corruption campaign.