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China in the Global Economy Reforming China's Enterprises

Author : OECD
Publisher : OECD Publishing
Page : 129 pages
File Size : 29,13 MB
Release : 2000-09-05
Category :
ISBN : 9264187715

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This volume describes the main reforms that are being undertaken in China's enterprises, the progress that is being made, the problems that are being encountered, and the challenges that remain to be overcome.

Reforming China's Enterprises

Author :
Publisher : OECD
Page : 136 pages
File Size : 38,63 MB
Release : 2000
Category : Business & Economics
ISBN :

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This volume describes the main reforms that are being undertaken in China's enterprises, the progress that is being made, the problems that are being encountered, and the challenges that remain to be overcome.

The State Strikes Back

Author : Nicholas R. Lardy
Publisher : Peterson Institute for International Economics
Page : 258 pages
File Size : 36,4 MB
Release : 2019-01-01
Category : Business & Economics
ISBN : 0881327387

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China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.

China

Author : Ms.Wanda Tseng
Publisher : International Monetary Fund
Page : 238 pages
File Size : 10,93 MB
Release : 2003-02-24
Category : Business & Economics
ISBN : 1589061780

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China's economic reforms over the past two decades have brought tremendous economic transformation, rapid growth, and closer integration into the global economy. Real income per capita has increased fivefold, raising millions of Chinese out of poverty. Despite these achievements, difficult reforms--involving the state-owned enterprises and the financial sector--must still be completed, and social pressures from rising unemployment and income inequalities need to be addressed. China's accession to the World Trade Organization will bring benefits but will also impose obligations on the economy, and could prove to be a watershed for the reform process. This book looks at the country's reform process, its past successes and future challenges.

China's State-owned Enterprises

Author : Hong Sheng
Publisher : World Scientific
Page : 407 pages
File Size : 39,2 MB
Release : 2013
Category : Business & Economics
ISBN : 9814383848

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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.

Reforming China's Enterprises

Author : Organisation for Economic Co-operation and Development
Publisher :
Page : pages
File Size : 44,66 MB
Release : 2000
Category :
ISBN :

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Reforms to China's enterprises are central to the effort to complete the transformation to a market economy that has been underway since 1978. Reforms have become all the more urgent with the severe financial problems now being suffered by a large portion of China's businesses, and with China's prospective entry into the World Trade Organisation. Enterprise reforms involve both state owned and non-state businesses, and encompass a wide range of individual policies to bolster financial performances, improve behaviour, and provide supporting institutions and infrastructure essential to a modern enterprise economy. The study in this volume describes the main reforms that are being undertaken in each of these areas, the progress that is being made, the problems that are being encountered, and the challenges that remain to be overcome. The overall message is that the enterprise reforms are now at a critical juncture. Important progress is being made; but much more remains to be done and rapid advances are needed in several key areas if the overall reform process is to be sustained and China is to realise its growth potential. Topics covered: the current situation of China's enterprises; economic restructuring and SOE reorganisation; establishing effective corporate governance mechanisms; the role of the financial system; developing social security programmes.

China and the Global Business Revolution

Author : P. Nolan
Publisher : Springer
Page : 1113 pages
File Size : 37,56 MB
Release : 2001-07-26
Category : Social Science
ISBN : 0230524109

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China has used industrial policies to try to build large corporations that can challenge those based in more advanced countries. By the late 1990s the operational mechanism of China's large firms had seen large advances. Simultaneously, a revolution has taken place in global business systems, and China's large firms are even further behind the global leaders than when they began their reforms. The WTO will require China to operate rapidly on the 'global playing field' in competition with the world's leading corporations, and this increased gap presents a deep challenge for China's business and political leaders. Peter Nolan presents here the first in-depth case studies of China's large corporations under economic reform, combined with systematic benchmarking of these firms against the world's leading corporations. The book is an unrivalled resource of information on Chinese businesses, and also leads the reader to consider the impact of China's response to its current challenges not only on China itself, but on the wider global economy.

China’s Emerging Global Businesses

Author : Y. Zhang
Publisher : Springer
Page : 298 pages
File Size : 32,61 MB
Release : 2003-05-15
Category : Business & Economics
ISBN : 0230599613

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China is well-known as the largest recipient of foreign direct investment among developing countries. Little is known so far of the fact that China has become (quietly) one of the most significant third world investors in the global economy. This book traces the evolutionary path of China's outward investment activities and examines the political economy of the rapid rise of China's global businesses in the context of the economic reforms since 1978. The analysis of changing policy regimes for China's outward investment is complemented by detailed investigations of the rise and operation of three pioneering Chinese multinationals to illustrate this new thrust of China's engagement with the global economy. China's global reach examined in this study explores issues concerning China's creative responses to globalisation and the processes through which China his becoming a globalised state. The first ever book-length study of China's global investment activities, this book fills a significant gap in the literature on China's economic transformation and the rise of multinational corporations from developing countries.

Unfinished Reforms in the Chinese Economy

Author : Jun Zhang
Publisher : World Scientific
Page : 521 pages
File Size : 30,71 MB
Release : 2013
Category : Business & Economics
ISBN : 9814434019

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China has quickly moved into a critical point in the sense that its past performance in economic growth and development has created so many unsolved problems, and for such problems to be addressed, a better understanding of these problems and a clear policy framework are required for policy makers to conduct reforms. Based on highOColevel empirical research on China''s economic development by each of the contributors, this edited book provides an in-depth and clear analysis of many of important issues facing China''s move to new phase of economic development and transformation, and discusses policy issues involved in further reforms.

China and Globalization

Author : Doug Guthrie
Publisher : Taylor & Francis
Page : 392 pages
File Size : 22,36 MB
Release : 2009
Category : China
ISBN : 0415990394

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An accessible, introductory text on contemporary China, this book covers the social, economic, and political factors responsible for China's revolutionary changes, and interweaves this structural analysis with a consideration of social changes at the micro and macro levels.