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The Reformability of China's State Sector

Author: Guanzhong James Wen

Publisher: World Scientific

Published: 1997

Total Pages: 520

ISBN-13: 9789810226558

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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.

Book Synopsis The Reformability of China's State Sector by : Guanzhong James Wen

Download or read book The Reformability of China's State Sector written by Guanzhong James Wen and published by World Scientific. This book was released on 1997 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

An Analysis of State-Owned Enterprises and State Capitalism in China

Author: Andrew Szamosszegi

Publisher: Createspace Independent Publishing Platform

Published: 2011-10-26

Total Pages: 122

ISBN-13: 9781475293258

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China's breathtaking economic growth, has often led observers to assume that the country's economic system has been transformed into a capitalist economy dominated by private enterprise. Although China's reliance on private enterprise and market-based incentives has been growing, and the CCP's treatment of private enterprises and entrepreneurs has been changing, it would be a mistake to minimize the current role of the State and the CCP in shaping economic outcomes in China and beyond. The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China's SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.

Book Synopsis An Analysis of State-Owned Enterprises and State Capitalism in China by : Andrew Szamosszegi

Download or read book An Analysis of State-Owned Enterprises and State Capitalism in China written by Andrew Szamosszegi and published by Createspace Independent Publishing Platform. This book was released on 2011-10-26 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's breathtaking economic growth, has often led observers to assume that the country's economic system has been transformed into a capitalist economy dominated by private enterprise. Although China's reliance on private enterprise and market-based incentives has been growing, and the CCP's treatment of private enterprises and entrepreneurs has been changing, it would be a mistake to minimize the current role of the State and the CCP in shaping economic outcomes in China and beyond. The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China's SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.

How China Became Capitalist

Author: R. Coase

Publisher: Springer

Published: 2016-04-30

Total Pages: 256

ISBN-13: 1137019379

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How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

Book Synopsis How China Became Capitalist by : R. Coase

Download or read book How China Became Capitalist written by R. Coase and published by Springer. This book was released on 2016-04-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

State Capitalism, Institutional Adaptation, and the Chinese Miracle

Author: Barry Naughton

Publisher: Cambridge University Press

Published: 2015-06-09

Total Pages: 297

ISBN-13: 1107081068

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This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.

Book Synopsis State Capitalism, Institutional Adaptation, and the Chinese Miracle by : Barry Naughton

Download or read book State Capitalism, Institutional Adaptation, and the Chinese Miracle written by Barry Naughton and published by Cambridge University Press. This book was released on 2015-06-09 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.

China's Opening Society

Author: Zheng Yongnian

Publisher: Routledge

Published: 2008-02-19

Total Pages: 257

ISBN-13: 1134056885

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This book examines the development of the non-state sector and NGOs in China since the onset of reform in the late 1970s. It explores the major issues facing China’s non-state sector today, assesses the institutional barriers faced by its developing civil society, and compares China’s example with wider international experience.

Book Synopsis China's Opening Society by : Zheng Yongnian

Download or read book China's Opening Society written by Zheng Yongnian and published by Routledge. This book was released on 2008-02-19 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the development of the non-state sector and NGOs in China since the onset of reform in the late 1970s. It explores the major issues facing China’s non-state sector today, assesses the institutional barriers faced by its developing civil society, and compares China’s example with wider international experience.

China’s State Enterprises

Author: Ran Li

Publisher: Springer

Published: 2018-06-27

Total Pages: 216

ISBN-13: 981130176X

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This book focuses on the nature and significance of China’s state enterprises which have undergone substantial changes since China’s economic liberalization in 1978. It argues that much of the criticism is based on mistaken premises, where even the term ‘state-owned enterprises’ is a misnomer given that the emphasis is much less on ownership than on control. Using numerous case studies, this book highlights the extent to which these enterprises have evolved in response to reforms, and provides an in-depth analysis of their role in China’s outward investment strategy in the “Belt and Road” initiative. This role speaks to their growing influence as China expands her global footprint.

Book Synopsis China’s State Enterprises by : Ran Li

Download or read book China’s State Enterprises written by Ran Li and published by Springer. This book was released on 2018-06-27 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the nature and significance of China’s state enterprises which have undergone substantial changes since China’s economic liberalization in 1978. It argues that much of the criticism is based on mistaken premises, where even the term ‘state-owned enterprises’ is a misnomer given that the emphasis is much less on ownership than on control. Using numerous case studies, this book highlights the extent to which these enterprises have evolved in response to reforms, and provides an in-depth analysis of their role in China’s outward investment strategy in the “Belt and Road” initiative. This role speaks to their growing influence as China expands her global footprint.

Globalization and Public Sector Reform in China

Author: Kjeld Erik Brødsgaard

Publisher: Routledge

Published: 2014-04-24

Total Pages: 278

ISBN-13: 131793427X

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This book analyses public sector reform comprehensively in all parts of China’s public sector – government bureaucracy, public service units and state-owned enterprises. It argues that reform of the public sector has become an issue of great concern to the Chinese leaders, who realize that efficient public administration is key to securing the regime’s governing capacity and its future survival. The book shows how thinking about public sector reform has shifted in recent decades from a quantitative emphasis on 'small government', which involved the reduction in size of what was perceived as a bloated bureaucracy, to an emphasis on the quality of governance, which may result in an increase in public sector personnel. The book shows how, although Western ideas about public sector reform have had an impact, Chinese government continues to be best characterized as 'state capitalism', with the large state-owned enterprises continuing to play an important – and increasing – role in the economy and in business. However, state-owned enterprises no longer provide care for large numbers of people from the cradle to the grave – finding an alternative, efficient way of delivering basic welfare and health care is the big challenge facing China’s public sector.

Book Synopsis Globalization and Public Sector Reform in China by : Kjeld Erik Brødsgaard

Download or read book Globalization and Public Sector Reform in China written by Kjeld Erik Brødsgaard and published by Routledge. This book was released on 2014-04-24 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses public sector reform comprehensively in all parts of China’s public sector – government bureaucracy, public service units and state-owned enterprises. It argues that reform of the public sector has become an issue of great concern to the Chinese leaders, who realize that efficient public administration is key to securing the regime’s governing capacity and its future survival. The book shows how thinking about public sector reform has shifted in recent decades from a quantitative emphasis on 'small government', which involved the reduction in size of what was perceived as a bloated bureaucracy, to an emphasis on the quality of governance, which may result in an increase in public sector personnel. The book shows how, although Western ideas about public sector reform have had an impact, Chinese government continues to be best characterized as 'state capitalism', with the large state-owned enterprises continuing to play an important – and increasing – role in the economy and in business. However, state-owned enterprises no longer provide care for large numbers of people from the cradle to the grave – finding an alternative, efficient way of delivering basic welfare and health care is the big challenge facing China’s public sector.

The Reformability of China's State Sector

Author: G J Wen

Publisher: World Scientific

Published: 1997-03-01

Total Pages: 512

ISBN-13: 981449898X

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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. Contents:Speeches Delivered at the Opening SessionWhich to Reform First, Internal Institutitions or External Environment — A DebateReview and Prospect: Historical and International ComparisonsMacroeconomic Stability and the SOE ReformReforming the Labor Market, Housing Sector, Medical Care, Insurance and Innovation System — A Sectoral Approach Readership: Economists, government policy-makers and decision-makers. keywords:State Owned Enterprises;Reforms of SOEs;China's State Sector

Book Synopsis The Reformability of China's State Sector by : G J Wen

Download or read book The Reformability of China's State Sector written by G J Wen and published by World Scientific. This book was released on 1997-03-01 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Contents:Speeches Delivered at the Opening SessionWhich to Reform First, Internal Institutitions or External Environment — A DebateReview and Prospect: Historical and International ComparisonsMacroeconomic Stability and the SOE ReformReforming the Labor Market, Housing Sector, Medical Care, Insurance and Innovation System — A Sectoral Approach Readership: Economists, government policy-makers and decision-makers. keywords:State Owned Enterprises;Reforms of SOEs;China's State Sector

The State of China’s State Capitalism

Author: Juann H. Hung

Publisher: Springer

Published: 2018-11-23

Total Pages: 354

ISBN-13: 9811309833

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This book comprises a collection of well-researched essays on selected contemporary economic and finance issues in China, making a timely contribution to the intellectual intercourse regarding the implications of China’s rise. These essays analyze issues related to the state of China’s ecology, real estate market, inbound and outbound FDI, income inequality, etc., and offer analysis on the policy and institutional causes of those issues. Readers will be able to infer their implications for business opportunities in China and the tradeoff / tension between economic growth and social welfare. Moreover, this book introduces an array of data and data sources useful to scholars and practitioners interested in studying the Chinese model of economic growth. This book will be a valuable resource to journalists and scholars trying to gain insight into China’s extraordinary pace of growth in the past three decades.

Book Synopsis The State of China’s State Capitalism by : Juann H. Hung

Download or read book The State of China’s State Capitalism written by Juann H. Hung and published by Springer. This book was released on 2018-11-23 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book comprises a collection of well-researched essays on selected contemporary economic and finance issues in China, making a timely contribution to the intellectual intercourse regarding the implications of China’s rise. These essays analyze issues related to the state of China’s ecology, real estate market, inbound and outbound FDI, income inequality, etc., and offer analysis on the policy and institutional causes of those issues. Readers will be able to infer their implications for business opportunities in China and the tradeoff / tension between economic growth and social welfare. Moreover, this book introduces an array of data and data sources useful to scholars and practitioners interested in studying the Chinese model of economic growth. This book will be a valuable resource to journalists and scholars trying to gain insight into China’s extraordinary pace of growth in the past three decades.

The Advance of the State in Contemporary China

Author: Sarah Eaton

Publisher:

Published: 2016

Total Pages: 145

ISBN-13: 9781316587430

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"Since the global financial crisis of 2008-2009, central-level, state-owned enterprises (SOEs) in China have extended their reach into the Chinese economy. Some have interpreted this development as a turning point in Chinese economic development; a decision for state capitalism and a stand against slow but steady marketization. In The Advance of the State in Contemporary China, Sarah Eaton suggests that the shift is a much slower-moving process and that this particular aspect of state sector reform can be seen to predate the financial crisis. She argues that the 'advance of the State' has in fact developed incrementally from an eclectic set of ideas regarding the political and economic significance of large and profitable state-controlled enterprise groups. Drawing from case studies of China's telecommunication services and airline reforms, this fascinating new study offers illuminating insight into China's much-vaunted, but poorly understood, brand of state capitalism"--

Book Synopsis The Advance of the State in Contemporary China by : Sarah Eaton

Download or read book The Advance of the State in Contemporary China written by Sarah Eaton and published by . This book was released on 2016 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Since the global financial crisis of 2008-2009, central-level, state-owned enterprises (SOEs) in China have extended their reach into the Chinese economy. Some have interpreted this development as a turning point in Chinese economic development; a decision for state capitalism and a stand against slow but steady marketization. In The Advance of the State in Contemporary China, Sarah Eaton suggests that the shift is a much slower-moving process and that this particular aspect of state sector reform can be seen to predate the financial crisis. She argues that the 'advance of the State' has in fact developed incrementally from an eclectic set of ideas regarding the political and economic significance of large and profitable state-controlled enterprise groups. Drawing from case studies of China's telecommunication services and airline reforms, this fascinating new study offers illuminating insight into China's much-vaunted, but poorly understood, brand of state capitalism"--