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President Xi Jinping pronounced in April 2014 that China has entered a New Normal in economic growth, and the common … World Bank's projections in January 2016 that China's growth rate would drop to 6.7 percent in 2016 and then to 6.5 percent …. In this paper we (1) identify some of the major structural reforms that would entrench dynamism into China's economy, and …
Persistent link: https://www.econbiz.de/10012988366
Since the late 1990s the Chinese government has sought to limit the role of state-owned enterprises to areas such as providing public goods and services while leaving competitive areas of the economy to the private sector through privatization. To achieve this goal, both the country's securities...
Persistent link: https://www.econbiz.de/10012783484
Persistent link: https://www.econbiz.de/10013056396
China’s state-owned enterprises (SOEs) are sometimes compared to Canadian Crown corporations, such as VIA Rail or the … Canadian economic policy. China’s SOEs have been actively buying up interests in major Canadian resource firms. But that …’s Statoil. China’s SOEs do not operate by the normal rules of commerce. They are, in fact, a very powerful tool of the Chinese …
Persistent link: https://www.econbiz.de/10014156964
of FDI in China's income growth and market-oriented transition. We first identify possible channels through which FDI may … in the period of 1984-98, we provide an empirical assessment, which suggests that FDI seems to help China's transition …
Persistent link: https://www.econbiz.de/10014125340
The purpose of this study is to discuss the trends of integration into the global economy since political and economic reforms (so-called Doimoi) and its influence on every presence of foreign investment in Vietnam. Lasting 20-year-war period and ended in 1975, by the mid-1980s per capita income...
Persistent link: https://www.econbiz.de/10012838080
Foreign direct investment (FDI) has boomed in post-reform India. Moreover, the composition and type of FDI has changed considerably since India has opened up to world markets. This has fuelled high expectations that FDI may serve as a catalyst to higher economic growth. We assess the growth...
Persistent link: https://www.econbiz.de/10010273162
We analyze the impact of structural reform on firm exports. We argue that structural reform generates new opportunities and reduces transaction costs, inducing firms to improve their efficiency and competitiveness to international levels and, therefore, helps them to export. However, we propose...
Persistent link: https://www.econbiz.de/10003792706
Since the fall of the Berlin wall in 1989, the success of the former Soviet Bloc countries to attract foreign direct investment (FDI) has been mixed. The objective of this paper is to capture the strategic interdependence between investment decisions by foreign firms and reform decisions by host...
Persistent link: https://www.econbiz.de/10014051944
In this paper we examine several dimensions of economic reform in India, in the context of the country's federal system and of globalization, i.e., we explicitly recognize that the national government has subnational governments below it, and that all these layers of government simultaneously...
Persistent link: https://www.econbiz.de/10014114775