Die Arbeit beschäftigt sich mit der Frage, ob die Wirtschaftssonderzonen in der Volksrepublik China ein sinnvolles Politikinstrument waren, um ein sozialistisches Wirtschaftssystem in einem Transformationsprozeß zu einem marktwirtschaftlichen System zu unterstützen. Darüber hinaus wird die...

Seit dem Ende der Bretton-Woods Ära haben zahlreiche Bankenkrisen Volkswirtschaften immense Kosten auferlegt. Die vorliegende Studie beschäftigt sich mit den politökonomischen Einflussfaktoren auf die Tiefe dieser Bankenkrisen. Es wird argumentiert, dass nur schnelle und tiefgreifende...

Die Beziehungen zwischen der Wirtschaftsentwicklung und der Finanzpolitik sind der Kerninhalt dieser Arbeit. Seit 1978 hat die VR China eine systematische Sozial- und Wirtschaftstransformation vollzogen und die zentrale Planwirtschaft allmählich zur Marktwirtschaft hin orientiert. Deswegen ist...

Previous research suggests that minorities are not faring well in China’s transition—both income and occupational attainment gaps are widening. We are particularly interested in whether the differences in majority and minority economic outcomes are the result of ethnicity per se, or whether...

We examine the determinants of performance of 68 Indian state-owned enterprises in the manufacturing sector for a five-year period: 1987 to 1991. Relative performance is determined using data envelopment analysis, with variations in performance patterns subsequently explained using regression...

1. Australia has performed quite well over the last two decades in terms of real GDP per head; the GDP gains have not been fully reflected in other economic welfare measures (section 1). 2. Most economic reforms have important distributional effects, and these are often prolonged and enduring....

Firms with different ownership structure behave differently. Currently there are three major ownership structures in China’s industrial sector: state enterprises, collective enterprises, and private enterprises. Market-oriented economic reform has given great autonomy to firm managers in terms...

There is no doubt that large changes in government policy towards economic reform are vitally important: some two decades ago Myanmar (Burma) was among the Asian nations with the highest per capita income but, by turning away from economic reform, government policy prevented the economy from...

Guanxi, a type of particularistic trust observed in Confucian societies has mostly been viewed as a static phenomenon. It is not clear how the role of guanxi changes over time during institutional transitions. This field study of twenty one small and medium enterprises (SMEs) located in two...

Evaluations of China's stock market range from extremely favourable assessments that emphasise GDP growth rates, financial depth or the rapid growth of privatisation to extremely negative assessments that favour market efficiency or short-term profitability to the exclusion of alternative...