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Persistent link: https://www.econbiz.de/10012194193
Despite predictions of their demise in the aftermath of the collapse of socialist economies in Eastern Europe, state-owned enterprises (SOEs) are very much alive in the global economy. The relevance of listed SOEs — firms still subject to government ownership, a portion of whose shares are...
Persistent link: https://www.econbiz.de/10012960000
The “Beijing Consensus” is a broad label applied to China’s approach to economic governance, one in which the state plays a pervasive role and (at least in theory) markets serve the higher interests of national development. As such, the Beijing Consensus may be an alternative term for...
Persistent link: https://www.econbiz.de/10014132652
While China appears to present a new variety of capitalism, frequently labeled "state capitalism," the features of this system - particularly the organizational structure surrounding China's most important state-owned enterprises (the national champions) - remains a black box. Corporate...
Persistent link: https://www.econbiz.de/10013113660