Type: Working Paper
The Chinese social credit system : a model for other countries?
Working Paper, EUI LAW, 2019/01
MAC SÍTHIGH, Daithí, SIEMS, Mathias, The Chinese social credit system : a model for other countries?, EUI LAW, 2019/01 - https://hdl.handle.net/1814/60424
Retrieved from Cadmus, EUI Research Repository
Many countries know financial consumer credit ratings, and recent years have also seen a proliferation of rating systems in relation to online platforms and in the ‘sharing economy’, such as eBay, Uber and Airbnb. In the view of many Western observers, however, the emerging Chinese Social Credit System indicates a paradigm shift compared to these former rating systems as it aims for a comprehensive and uniform social rating based on penalty and award mechanisms. By contrast, this paper suggests that the Social Credit System should be seen a specific instance of a wider phenomenon. Thus, it develops a framework that compares different rating systems by reference to their drafters, aims, scoring systems, application, use of algorithms, and enforcement; it identifies shortcomings of both low and high interventionist rating systems; and it discusses a range of regulatory approaches and emerging issues that law makers should consider.
Cadmus permanent link: https://hdl.handle.net/1814/60424
Series/Number: EUI LAW; 2019/01
Keyword(s): Social credit system Chinese law Reputation rankings Online platforms Law and technology
Published version: http://hdl.handle.net/1814/66073