A Study On The Procedures Of Macro-adjustment Law

Thirty years of reform and opening, China's economy has transferred from a planned economy to a market economy. However, the asymmetric information of market economy, monopoly, externalities and other characteristics often have a market failure. Therefore, in order to maintain the market mechanism and economic development, usually government corrects the market failure by market regulation and macro-adjustment. With the continuous development of market-oriented, macro-adjustment has been used as a method of the government intervention in the economy. The macro-adjustment law has attracted more and more national attention, and become an important part of economic law. However, China's macro-adjustment legal system isn't perfect, as a direct result that the rule of law in China lagged macro-adjustment. Therefore, the macro-adjustment law is particularly urgent to build and improve.The article includes the introduction, body and conclusion, the body is divided into four chapters. First, in order to define the macro-adjustment procedures, the article describes the generation of the macro-adjustment and the macro-adjustment law, then compares the popular theory of the two procedures ,finally come to the conclusion that the procedures selfishness theory is more suit of the macro-adjustment legislation and practice. Second, the article describes the plight of macro-adjustment law, the value of the procedures and the tendency of procedures, notes that macro-adjustment law has the characteristics of an entity attached to the procedures. Third, the article pointes out that academic research and practice on China's macro-adjustment law existed the phenomenon of neglect the procedures, and the article analyzes the difference between results and measures of macro-adjustment by the date of 2010-2011 real estate, then pointes out that this kinds of the neglect of the procedures seriously affected the results of macro-adjustment, at last, the part of the article pointes out that we should correct this error. Fourth, the article gives an advice about the procedural construction of macro-adjustment law.In a short, the article draws a conclusion that it is necessary and possible to establish and improve macro- adjustment legal system by analyzing the procedural features of macro- adjustment law.