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A key priority in China’s “new normal” period -- where returns on investment are slackening -- is corporate governance … Survey of China (www.oecd.org/eco/surveys/economic-survey-china.htm). …
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Economic growth is below what would be needed to resume rapid convergence to average OECD living standards. On-going efforts to improve the business climate are laudable, but need to be widened and strengthened. Much progress has been achieved in reducing red tape, but it is only recently that...
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With persisting slower growth worldwide and in China, over-capacity in some heavy industry sectors, declining … profitability, and intensifying competition from other, lower-cost emerging economies, corporate behaviour in China needs to change … China’s ambition for greener and more sustainable growth. A larger proportion of firms, including state-owned enterprises …
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Large business groups, which played a key role in Korea's economic development, are still dominant today, especially in exporting. The concentration of economic power creates a number of problems and risks. Ensuring a level-playing field between the business groups, also called chaebols, and...
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