Author(s)

Jun YAN ¹

Affiliation(s)

¹ Beijing Wuzi University, Beijing, China

Corresponding Author

Jun YAN

ABSTRACT

General office of the State Council (12.2020) “Guiding opinions on further perfecting the system of credit-breaking restraint and constructing a long-term mechanism of credit system” requirements: According to the general idea of law & regulation, protection of the legitimate rights and interests, prudence and moderation, list management, standardize and improve the mechanism of credit-breaking punishment and credit repair, promote the social credit system into a new stage of high-quality development. This paper explores the theoretical basis of credit restraint in the perspective of economic theory, analyses the types and effective elements of credit-breaking punishment from the perspective of mechanism building, summarizes the problems existing in privacy protection and credit repair mechanism of credit-breaking punishment measures, puts forward some suggestions on the formulation of social credit information catalogue & credit-breaking punishment measures list.

KEYWORDS

Credit restraint, credit-breaking punishment, theoretical foundation, mechanism construction

CITE THIS PAPER

Jun YAN. A Theoretical Foundation and A Mechanism Construction of Credit-breaking Punishment. Journal of Sociology and Ethnology (2021) 3: 36-45. DOI: http://dx.doi.org/10.23977/jsoce.2021.030607

REFERENCES

[1] Chen J. (2011) Research on the Status Quo and Countermeasures of Social Credit and Management System in China. China Business and Market, (1), 123.
[2] "Supreme People's Court Work Report 2021" on the "Two Sessions".
[3] Guo B. F. (2020) General Office of the State Council. Guiding Opinions on Further Improving the Untrustworthy Restraint System and Building a Long-term Effective Mechanism for Credit Construction, 49.
[4] Hodgson. (1993) Manifesto of Modern Institutional Economics. Peking University Press.
[5] Li Y. P. (1992) North. Structure and change in economic history. Translator. Beijing: The Commercial Press.
[6] Ci H. (2000) Editorial Board of "Ci Hai". Shanghai Lexicographical Publishing House.

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