Productivity Performance And Priorities For The Reform Of China S State Owned Enterprises
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Productivity Performance And Priorities For The Reform Of China S State Owned Enterprises
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Author : Frances Perkins
language : en
Publisher: Research School of Pacific Studies Australian National Univ
Release Date : 1995
Productivity Performance And Priorities For The Reform Of China S State Owned Enterprises written by Frances Perkins and has been published by Research School of Pacific Studies Australian National Univ this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with China categories.
First of the East Asia stream in the'Economics Division Working Papers'series in Pacific and Asian studies. Reports on the productivity, performance and priorities for the reform of China's state-owned enterprises. The report is the result of a 1993 survey of 300 state-owned, collective and foreign-funded enterprises in three of China's coastal provinces. Includes charts, diagrams and a list of references.
China S State Owned Enterprises
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Author : Hong Sheng
language : en
Publisher: World Scientific
Release Date : 2013
China S State Owned Enterprises written by Hong Sheng and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Business & Economics categories.
The Nature, the Performance, and the Reform of State-owned Enterprises provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It shows that state ownership in the form of SOEs does not use resources efficiently and has a poor record in income distribution. Moreover, SOEs are found to enjoy unfair advantages in their competition with other firms. To illustrate the point, the book presents data revealing how favored policies, monopolistic powers, and subsidies benefit SOEs. These advantages are worth several trillion yuans a year. It is a sad irony that such wealth of the people is used to beef up the revenues of the SOEs, making their accounts look much better than they should be.This book, with its rich empirical data and information, is an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and the public to learn more about SOEs.
State Owned Enterprise Reform In China
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Author : Justin Yifu Lin
language : en
Publisher: Chinese University Press
Release Date : 2001
State Owned Enterprise Reform In China written by Justin Yifu Lin and has been published by Chinese University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
This work is a continuation of the authors' earlier publication, "The China Miracle: Development Strategy and Economic Reform". The authors review the historical evolution of the state-owned enterprises, analyze the current problems, and suggest the direction for future reforms.
Reforms Opportunities And Challenges For State Owned Enterprises
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Author : Edimon Ginting
language : en
Publisher:
Release Date : 2020-07-29
Reforms Opportunities And Challenges For State Owned Enterprises written by Edimon Ginting and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-29 with Business & Economics categories.
The Reformability Of China S State Sector
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Author : Guanzhong James Wen
language : en
Publisher: World Scientific
Release Date : 1997
The Reformability Of China S State Sector written by Guanzhong James Wen and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
China has achieved alarming success in accelerating the economic growth rate since it started economic reform about 16 years ago.However, its state sector is still running severe deficits. Even though its productivity might be improved since the reform started, its financial situation, nevertheless, has been worsening mainly as a result of increased competition from the rapidly expanding non-state sector. Therefore, the reform of this sector has become an urgent problem.All the papers collected in this book are closely related to the various issues that the reform of the state sector has to solve.Among the contributors are Professor Merton H Miller, a Nobel laureate and expert on firm finance and governauce, Mr Ji Lin, the vice president of the Chinese Academy of Social Sciences, Dr Justin Y Lin, the director of Center of China's Economic Research at Beijing University, Professor Gang Fan, the well-known Chinese Economist and vice director of the Institute of Economic Research at the Chinese Academy of Social Sciences, Professor Guoqiang Tian, an expert on mechanism design at Texas A & M University, and many other researchers and professors from China and the North America's research institutes and universities. Therefore, this book will be extremely useful and relevant to those economists as well as government decision-makers working in the field of the transitional economy.
Policy Options For Reform Of Chinese State Owned Enterprises
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Author : Harry G. Broadman
language : en
Publisher: World Bank Publications
Release Date : 1996-01-01
Policy Options For Reform Of Chinese State Owned Enterprises written by Harry G. Broadman and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-01 with Political Science categories.
Annotation World Bank Discussion Paper No. 335. Presents the proceedings of a high-level international symposium on Chinese state-owned enterprise reform held in Beijing, China, June 1995. This report includes five policy option papers presented by Chinese officials and one presented by the World Bank Group that makes recommendations for reform on the basis of the Group's international experience in this area.
Enterprise Reform In China
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Author : Gary H. Jefferson
language : en
Publisher: World Bank Publications
Release Date : 1999
Enterprise Reform In China written by Gary H. Jefferson and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
This book seeks to document the impact of economic reforms on China's industrial sector and to explain why China's reforms have had such wide-reaching effects. The volume contains 11 coordinated studies that document and analyze changes in the governance and performance of China's industrial enterprises. Chapter 1 presents an overview of the structure of China's industrial enterprises. Chapter 2 extracts key aspects of the survey data to describe, compare, and contrast the systems of governance of key ownership types. Chapter 3 describes the special features of China's economic and institutional structure that create a kind of dynamic endogenous reform process, "an industrial innovation ladder." The ladder has two interactive dimensions. The first is technical innovation, modeled and empirically tested in chapter 4. The second is institutional change, or enterprise reform, viewed in chapter 5 as arising from both conditions within the industrial system and the efforts of central reformers. Chapters 6 and 7 assess the performance of Chinese industry. Chapters 8 through 11 present formal models and technical econometric work. Each of these chapters seeks to examine the behavior of one or more samples of enterprises with respect to a particular enterprise function.
Productivity Effects Of Decentralized Reforms
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Author : Lixin Xu
language : en
Publisher:
Release Date : 1999
Productivity Effects Of Decentralized Reforms written by Lixin Xu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
February 1997 Reform aimed at decentralizing ownership and control rights seems to work when it creates incentives for managers and employees to learn and to work hard - for example, by decentralizing the right to control wages, make production decisions, and appoint new managers. The empirical literature on the effects of ownership has not distinguished between the effects of ownership and the effects of control. It has also generally ignored the dynamic effects of various ownership and control rights. Using a rich set of panel data about changes in China's state-owned enterprises, Xu examines the static and dynamic effects of decentralizing ownership and control rights. He finds that productivity and growth rates improved significantly when reform improved the incentives for managers and employees to learn and to work hard - for example, by decentralizing the rights to control wages, make production decisions, and appoint new managers. Increasing profit-retention rates and adopting performance contracts - conventionally viewed as the most important reforms for China's state enterprises - did not improve productivity much. Overall, decentralization accounted for at least 42 percent of productivity growth in Chinese state enterprises in the 1980s. Much of that gain came from improvements in the growth rate of productivity rather than in improved levels of productivity. This paper - a product of the Finance and Private Sector Development Division, Policy Research Department - is part of a larger effort in the department to understand the limits between the organization of a firm and economic performance.
Reforming State Owned Enterprises In Asia
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Author : Farhad Taghizadeh-Hesary
language : en
Publisher: Springer Nature
Release Date : 2021-02-23
Reforming State Owned Enterprises In Asia written by Farhad Taghizadeh-Hesary and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-23 with Political Science categories.
This book analyzes state-owned enterprises (SOEs), which are still significant players in many Asian economies. They provide essential public services, build and operate key infrastructure, and are often reservoirs of public employment. Their characteristics and inherent competitive advantages as publicly owned enterprises allow them to play these critical roles. Their weaknesses in governance and inefficiencies in incentive structures, however, also often lead to poor performance. SOEs must be efficient, transparent, and accountable to level the playing field for private companies, secure the growth of a vibrant private sector, and achieve sustained and inclusive economic growth. This book analyzes the reform of SOEs in Asia, the results of which are mixed. The volume concludes that some key conditions generally need to be met for SOE reforms to be successful: national bureaucracies must have the capacity to implement the reforms, and adverse impacts on international trade and investment must be avoided.
Reforming China S State Owned Enterprises And Banks
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Author : Becky Chiu
language : en
Publisher: Edward Elgar Publishing
Release Date : 2006-01-01
Reforming China S State Owned Enterprises And Banks written by Becky Chiu and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-01 with Business & Economics categories.
This book is informative and readable. It will be of interest to anyone wanting to learn about the development of the Chinese economy in general and the reforms of state-owned enterprises in particular. The data and in-depth discussion presented in the book will appeal to academics as well as policymakers. Yin-Fang Zhang, Journal of the Asia Pacific Economy China watchers will welcome a book which provides a detailed insight into the two pillars of that economy: the state-owned enterprises (SOEs) and the state-owned banks (SOBs). This is a scholarly work, rich in detail. Shelagh Heffernan, The Financial Regulator For China to sustain her transformation requires that she tackle reform of her state-owned enterprises (SOEs) and banks. This book comprehensively assesses the scale of the problem, reviews previous reforms and suggested solutions. Finally the authors propose their own reform agenda, sensitive to Chinese realities. Michael Artis, European University Institute, Italy This is an excellent study of the nexus between the effects of party control, the soft budget of state-owned enterprise (SOEs) and the financial fragility of the state-owned banking system (SOBs) in China. It is both sympathetic and knowledgeable about the problems of achieving reform and progress. Beautifully written, it should become the most influential work in this field in the English-speaking world. Charles A.E. Goodhart, London School of Economics, UK This book s starting point is that after two decades of experiments, during which other transition economies have effectively privatised all of their former state enterprises, China is still endeavouring to find a way to reinvent and re-engineer its own state-owned economic establishments. The authors explore these reforms along with the problems of China s state-owned banks, which have long been troubled by the adverse loans of Chinese enterprises and face foreign competition in 2007 under China s WTO commitments. Drawing on wide-ranging case studies of enterprise reform, Becky Chiu and Mervyn Lewis combine their extensive experience to give an authoritative account of China s enterprise and bank reform agenda, involving property rights, improved corporate governance and stimulating enterprise. This book will be of great interest to business economists, academic economists and those following the development of the Chinese economy.