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Conclusions and Implications

  • Luyao Che
Chapter

Abstract

This chapter concludes that the implications of the contemporary version of state-directed economic model for the existing international economic order can be observed from three different dimensions: economic structure, legal underpinnings, and ideology. The reason behind the limitation of existing international institutions results from a failure to understand China’s contemporary state-directed economic model that transcends the traditional market-state paradigm long-held by orthodox capitalism. The findings of this book suggest that further improvement of international economic law concerning the issue of the state-directed economic model should be based on an updated understanding of both the state and the market.

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Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  • Luyao Che
    • 1
  1. 1.China University of Political Science and LawBeijingChina

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