China and Central Asia: a new Great Game or traditional vassal relations?

Central Asia and China have been closely intertwined in history and today that relationship has begun to re-emerge. This article analyses the reasons for the close cooperation which has re-emerged in the 1990s and boomed in the twenty-first century. Domestic and internal factors, as well as political and economic considerations are included in the search for an explanation for current relations and future expectations. Despite the fact that China has emerged as one of the world's most powerful states, its dependence on the Central Asian states in regard to oil and gas but also domestic security is intriguing. The future of Sino-Central Asian relations is deeply embedded in joint problems and common interests, but also in fear of domination and external intervention.     

Positive,Normative and Functional Schools in Law and Economics

During its relatively short history, the law and economics movement has developed three distinct schools of thought. The first two schools of thought, often referred to as the Chicago or positive school and the Yale or normative school, developed almost concurrently. The functional school of law and economics, which developed subsequently, draws from public choice theory and the constitutional perspective of the Virginia school of economics to offer a third perspective which is neither fully positive nor fully normative. Various important methodological questions have accompanied the debate between these schools concerning the appropriate role of economic analysis in the institutional design of lawmaking and the limits of methods of evaluation of social preferences and aggregate welfare in policy analysis. These debates have contributed to the growing intellectual interest in the economic analysis of law.JEL Classification: K00, B0, B5, B25, B41