Book contents
- Extralegal Governance
- Cambridge Studies in Economics, Choice, and Society
- Extralegal Governance
- Copyright page
- Contents
- Figures
- Tables
- Acknowledgments
- 1 Introduction
- 2 Developing a Socio-economic Approach for Analyzing the Social Order of Illegal Markets
- 3 Unmasking China’s Illegal Markets
- 4 Unlicensed Street Vending
- 5 The Small Property Right Housing Market
- 6 Corrupt Transactions
- 7 The Illegal Online Lending Market
- 8 Conclusion
- Bibliography
- Index
8 - Conclusion
Published online by Cambridge University Press: 21 November 2025
Book contents
- Extralegal Governance
- Cambridge Studies in Economics, Choice, and Society
- Extralegal Governance
- Copyright page
- Contents
- Figures
- Tables
- Acknowledgments
- 1 Introduction
- 2 Developing a Socio-economic Approach for Analyzing the Social Order of Illegal Markets
- 3 Unmasking China’s Illegal Markets
- 4 Unlicensed Street Vending
- 5 The Small Property Right Housing Market
- 6 Corrupt Transactions
- 7 The Illegal Online Lending Market
- 8 Conclusion
- Bibliography
- Index
Summary
This chapter first summarizes two essential achievements of this book. Empirically, our research addresses significant challenges associated with collecting empirical data on sensitive topics in authoritarian China and offers a comprehensive picture of extralegal governance institutions in China’s illegal markets. Theoretically, our research adopts and develops a socio-economic analytical approach, integrating new institutional economics with sociology to study extralegal governance institutions and illegal markets. This chapter also offers suggestions for future research, including employing a multidisciplinary approach, adopting the methods of comparative institutional analysis, and exploring the dynamic interaction between formal and extralegal institutions. It concludes with a number of policy implications for regulating illegal markets.
Keywords
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- Chapter
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- Extralegal GovernanceThe Social Order of Illegal Markets in China, pp. 163 - 174Publisher: Cambridge University PressPrint publication year: 2025
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