China’s urbanization is one of the great earth-changing phenomena of recent times. The way in which China continues to urbanize will have a critical impact on the world economy, global climate change, international relations and a host of other critical issues. Understanding and responding to China’s urbanization is of paramount importance to everyone. This book represents a unique exploration of the demographic, spatial, economic and social aspects of China’s urban transformation.
This book presents an analysis of betterment and compensation issues under the Land Use Rights
(LURs) System in China since 1988. The topic originates from the observation of widening inequity
and increasing uncertainty associated with the failure of government to adequately address
betterment and compensation issues. An analytical framework of institutions and property rights is
employed to examine socio-economic impacts under the LURs system, in particular, the role of the
state is analyzed to explore the effects of government intervention in land markets.