that the only industries in which listed companies in China display strong performance are public utilities, transportation …

forward. In this paper I illustrate this idea with a study of the People's Republic of China. Under the plan, prices were …

Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control …

added production function of the State Owned (SOE) and Foreign-Funded Enterprises (FFE) in China, 1980s-2007. The transition … associated with the economic reforms in China is estimated applying a curvilinear logistic function, where the speed and the …

This paper reviews recent literature on China's macroeconomic development, emphasizing the critical role of the … gradualist approach over the past four decades. Beyond China's structural transformation, we explore various aspects such as high … illustrates how China's gradual policy reforms, amidst highly imperfect financial markets, have effectively helped spur GDP growth …

, financial reforms that ended decades of financial repression, and a massive privatization program. We investigate the role …

policies and structural reforms, particularly privatization, contributed to the growth recovery. We also conclude that the …