China's Ownership Transformation

China's Ownership Transformation
Author :
Publisher : World Bank Publications
Total Pages : 262
Release :
ISBN-10 : UCSD:31822034208926
ISBN-13 :
Rating : 4/5 (26 Downloads)

Book Synopsis China's Ownership Transformation by : Ross Garnaut

Download or read book China's Ownership Transformation written by Ross Garnaut and published by World Bank Publications. This book was released on 2005 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's emergence as a global economic player has been accompanied by a major internal transformation. Over the past decade, the economy has made the transition from complete reliance on state-owned and collective enterprise to a mixed economy where private enterprise also plays a strong role. Gaizhi, a Chinese term meaning 'transforming the system', has become a major phenomenon in most parts of the country; in many cases it has involved full privatization. 'China's Ownership Transformation' applies descriptive and econometric analysis to survey, and official statistical data to examine, the progress of gaizhi over the years and across regions. It discusses the main players in the process, their motivation and incentives, and looks at the forms, scope, and timing of gaizhi. The authors also provide an assessment of the outcomes of gaizhi, focusing on employee issues, corporate governance issues and firm performance. The book concludes with discussion of the issues related to the fairness and efficiency of the gaizhi process, particularly concerning the role of management buy-outs and outside investors. These issues are at the center of a lively public debate in China, which is likely to influence future Chinese policies toward gaizhi. This title provides researchers, students, policymakers, and those interested in the emergence of China as a global manufacturing and economic powerhouse with in-depth information on the transformation of its state-owned sector.


China's Ownership Transformation Related Books

China's Ownership Transformation
Language: en
Pages: 262
Authors: Ross Garnaut
Categories: Business & Economics
Type: BOOK - Published: 2005 - Publisher: World Bank Publications

DOWNLOAD EBOOK

China's emergence as a global economic player has been accompanied by a major internal transformation. Over the past decade, the economy has made the transition
Under New Ownership
Language: en
Pages: 300
Authors: Shahid Yusuf
Categories: Business & Economics
Type: BOOK - Published: 2006 - Publisher: World Bank Publications

DOWNLOAD EBOOK

Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sec
Deng Xiaoping and the Transformation of China
Language: en
Pages: 553
Authors: Ezra F. Vogel
Categories: Biography & Autobiography
Type: BOOK - Published: 2013-10-14 - Publisher: Harvard University Press

DOWNLOAD EBOOK

Winner of the Lionel Gelber Prize National Book Critics Circle Award Finalist An Economist Best Book of the Year | A Financial Times Book of the Year | A Wall S
How Reform Worked in China
Language: en
Pages: 414
Authors: Yingyi Qian
Categories: Business & Economics
Type: BOOK - Published: 2017-11-24 - Publisher: MIT Press

DOWNLOAD EBOOK

A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally im
China’s State Enterprises
Language: en
Pages: 232
Authors: Ran Li
Categories: Political Science
Type: BOOK - Published: 2018-06-27 - Publisher: Springer

DOWNLOAD EBOOK

This book focuses on the nature and significance of China’s state enterprises which have undergone substantial changes since China’s economic liberalization