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China's fast growth has been accompanied by rising regional inequality, triggering debate over a policy trade …-off between aggregate growth and equity. We set out a three-region model of China in which local government behavior affects local …
Persistent link: https://www.econbiz.de/10014456599
It has recently become customary to argue that Russian economic transformation since 1991 has failed because of bad policy advice and mistaken policy choices. Though Russia's performance leaves much to be desired, such criticisms are based on a failure to analyse the real choices available to...
Persistent link: https://www.econbiz.de/10013098903
Since the beginning of transition in 1990 from a centrally planned to a market oriented economy, the performance of Poland's economy has been outstanding if we take GDP growth as our measure. In our opinion it is not specific reforms that can explain this performance but the radical (“big...
Persistent link: https://www.econbiz.de/10013108037
Coercive institutions are essential components of authoritarian states and contribute to regime durability. However, variation in the internal structures of these institutions remains relatively unexplored. I argue that frequent intra-agency reforms of coercive institutions shape the incentives...
Persistent link: https://www.econbiz.de/10012894938
Since the beginning of transition in 1990 from a centrally planned to a market oriented economy, the performance of Poland's economy has been outstanding if we take GDP growth as our measure. In our opinion it is not specific reforms that can explain this performance but the radical ("big bang")...
Persistent link: https://www.econbiz.de/10011734279
privatization, but most respondents prefer to leave firms in private hands. We examine who wants to revise privatization and why …. Respondents with poor human capital and few assets support revising privatization due to a preference for state over private … property. Economic hardships during transition increase support for revising privatization due to the perceived unfairness of …
Persistent link: https://www.econbiz.de/10005497879
major actor in China's domestic capital allocation, with an active role in strategic financing and restructuring of key …
Persistent link: https://www.econbiz.de/10012148532
This article discusses some of the barriers to improved standards of corporate governance in China, including: (1 …
Persistent link: https://www.econbiz.de/10012959208
While it seems that China's corporate system lags far behind that of Western developed countries such as the UK, the US … or Germany, as early as 1904 China's first corporate law had been promulgated by the imperial government—the Qing … to 1911; the Republican period from 1912 to 1948; and the People's Republic of China since its establishment in 1949 …
Persistent link: https://www.econbiz.de/10012959213
China is often cited as a ... …
Persistent link: https://www.econbiz.de/10012977112