Reform of Cultural System and Civilization Value Identification
Guoqiang Tian and
Xudong Chen ()
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Xudong Chen: Shanghai University of Finance and Economics
Chapter Chapter 20 in China’s Reform: History, Logic, and Future, 2022, pp 269-279 from Springer
Abstract:
Abstract Culture is now integrated with the economy and politics, and is playing an increasingly prominent role in global competition. Culture is the foundation, spirit, and soul of a nation. It represents a national deposit accrued through long-term accumulation, and is part of what determines the quality, character, and destiny of a country. As an important component of social norms, culture is an informal long-term institutional arrangementInstitutional arrangement; it incurs the least institutional cost and requires neither coercive regulation nor inductive incentives. Through the combined governance of the rule of lawRule of law and the rule of virtue, culture plays an indispensable role in supporting the modern market economy.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-5470-2_20
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DOI: 10.1007/978-981-19-5470-2_20
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