quantitative analysis of mass privatization programs in the postcommunist world. We argue that rapid large-scale privatization … implementation of mass privatization programs negatively impacts measures of economic growth, state capacity and the security of …

This paper investigates the role of structural reforms – privatization, financial reform and trade liberalization– as … financial liberalization and privatization. These results are robust to different measures of reforms, split samples, and …

Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of …

groups. In this paper the focus is China’s efforts to build a world-class aircraft manufacturing industry. In the first half … largely discounted. Nowadays, as China strives to bear the ARJ-21 project to execution and even considers entering the market …

Using data from a recent survey of bank and enterprise managers and government officials in southern China, we present …

principal targets of reforms, among SOEs, and better performing enterprises being more likely to be picked for privatization … better than those in which the majority of shares are owned privately. We find mixed evidence for the TVEs: privatization had …

In 1994 China began a profound reform of its state-owned enterprises. We first describe and characterize this progress … in two areas: privatization of small state-owned enterprises at the county level and mass layoffs of excess state workers … sensible ways. We then argue that privatization, Chinese style, rests on an adequate economic and political foundation …