The path of economic development can take many alternative paths and involve frequent detours. However, as every nation develops, it must confront the root causes of its poverty and past failures. Economist Daron Acemoglu of the Massachusetts Institute of Technology argues that inclusive political and economic institutions come together to form an argument based on the historical records of countries around the world. Additionally, Stanford University economist Barry Weingast's argument hinges on the idea of ​​a federalist system that is strong, but never too strong, acting as a catalyst for economic success. Although both authors contain numerous historical examples, neither sets a precedent that is fully applicable to the current state of affairs, economically or politically, in the People's Republic of China. In order to understand the flaws in Weingast's argument, it is essential to examine his conclusions and how they compare to Acemoglu's conclusions. Weingast examines the role of decentralization in the federalist system and how the political foundations of markets are crucial to the process of economic development. “China has more than 900,000 laws and regulations, in addition to hundreds of thousands of judicial decisions. Many Chinese citizens are aware of the laws and policies and believe the government should take them more seriously” (Diamond). The idea that a nation must credibly commit to the preservation of markets relies on limiting the power of policymakers through self-enforcement mechanisms. However, it becomes evident when talking to many Chinese nationals or reading non-state media that endemic corruption is one of the pressing problems of modern China (Weingast 2). This phenomenon is born from Chinese instability...... middle of newspaper ...... Communist Party officials have the opportunity to breathe before making the crucial decision to choose between "what is good for China and what is good for the CCP.” " and whatever path they choose will have an impact on the economic well-being of the entire world (Branstetter 2013). The old Chinese economic model, which rewarded the country and its elites very generously, must now be transformed into a model that will continue to reward the country, but at the relative expense of the elite The recent political turmoil in China is not a coincidence and it is not over. History has made it very clear that the next ten. years will be a political challenge for China, even more than an economic challenge As the 3rd Plenary Session of the 18th CPC concluded more than a week ago, we are left to speculate whether the suggested reforms will be there. panacea for one of China's political ills..