Zhou Zihang, Zhang Jingxiang, Wang Ziyi

Keywords： Stall Economy; Street Vending; Community Market; Flea Market; Urban Management; Informal Institution; Good Governance; Refined Governance; Asia-Pacific Region

Abstract：

Starting from the definition of stall economy, this paper integrates the relevant concepts of street vending, community market, and flea market. It points out that local government and street vendors are unwilling to bear the transaction cost is the main reason leading to the dilemma of governance of stall economy. By introducing the management strategies of stall economy in Taipei, Semarang and Bangkok, this paper expounds three kinds of management attitudes towards it, including commercialization, communization and informalization. Then, the paper explains the theory of stall economy and summarizes the academic views of the three schools, including the rule of law, functionalism and moderationism, and then extends to the management strategies to achieve good governance in China’s streets. Through the introduction of local government and capital, this paper demonstrates that the establishment of community and trade union organizations, and the refinement of humanized governance, can help achieve good governance in the stall economy effectively.

Funds：

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