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Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control. Small state-owned firms were privatized or closed. Large state-owned firms were corporatized and merged into large industrial groups under the control of the Chinese state. The...
Persistent link: https://www.econbiz.de/10013026794
Broadly speaking, two schools of thought have emerged to interpret China's rapid growth since 1978:the experimentalist school and the convergence school. The experimentalist school attributes China's successes to the evolutionary, experimental, and incremental nature of China's reforms....
Persistent link: https://www.econbiz.de/10013212353
Credit scoring was introduced in India in 2007. We study the pace of its adoption by new private banks (NPBs) and state …
Persistent link: https://www.econbiz.de/10012889500
We use a proprietary data set on the floor-level operations at the Bhilai Rail and Structural Mill in India to …
Persistent link: https://www.econbiz.de/10013143760
This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of … changes in performance since the reforms, which started in China in 1979 and in India in 1991. Such a comparison shows more … progress towards the Millennium Development Goals (MDGs) and India lags behind other South Asian countries. The responsiveness …
Persistent link: https://www.econbiz.de/10013082166
The relative performance of China and India is compared using two different methods and they provide a very different … goods and services and of gross fixed capital formation. Using a two tailed- test we find that China does better than India … higher share of XGS, GFCF etc in GDP than does India. We also find that China usually has a lower CV, namely a more stable …
Persistent link: https://www.econbiz.de/10013082432
Employing a technological solution to monitor the attendance of public-sector health care workers in India resulted in …
Persistent link: https://www.econbiz.de/10013047401
This paper studies dynamic labor demand by private and public manufacturing plants in China. It contributes along two dimensions. First, it uncovers the objectives of public enterprises and compares them to private enterprises. Second, it estimates adjustment costs of these plants and thus their...
Persistent link: https://www.econbiz.de/10013136558
China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account surplus. The mainstream explanation for high corporate savings is a combination of windfall profits in state-owned firms, especially in resource sectors, and mis-governance of...
Persistent link: https://www.econbiz.de/10013137314
Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist features disguise the profoundly unfamiliar foundations of "market socialism with Chinese characteristics." The Chinese Communist Party (CCP), by controlling the career advancement...
Persistent link: https://www.econbiz.de/10013117212