The serious implications of privatizing state-owned enterprises for politicians, managers, and investors make such … requirements in China. This paper finds that Chinese cities whose top officials were older than age 58 were 20 percent less likely …-varying selectivity of privatizations and highlight the crucial role that state-owned enterprise privatizations played in China's economic …

"The paper evaluates the effects of privatization in the post-communist economies and China. In post … institutional development. In China relatively more estimates suggest that privatization to domestic owners improves the level of …-communist economies, but foreign joint ventures rather than wholly owned foreign firms have a positive effect in China. Worker or …