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explore an optimal strategy for state-owned enterprise (SOE) reforms in China. We argue that ceteris paribus the current … illnesses of low efficiency and rent-seeking commonly suffered by China's state-owned sector can be cured by a two … then to become Pareto optimal under the full privatization …
Persistent link: https://www.econbiz.de/10012902547
China's large state-owned enterprises in the past decades. We come up with the views that there are 3 types of incentives … that lead to the expansion of asset size of large SOEs in China. First, the SOE manager is interested in maximizing her …
Persistent link: https://www.econbiz.de/10012862385
of large state-owned enterprises (SOEs) in China. Our model shows that the delegation of decision making authority to SOE … of the party-committee control within large SOEs in China …
Persistent link: https://www.econbiz.de/10014106927
An economic model of how a Marxist state should work
Persistent link: https://www.econbiz.de/10015253187
State enterprise reforms are underway in China, and include some positive and overdue corporate governance reform …
Persistent link: https://www.econbiz.de/10014120438
We scrutinize the systemic consequences of state intervention triggered by external shocks in the transforming Chinese economy before and after the global crisis. We interpret investment dynamics using a comparative party-state model concept framework. We identify the overinvestment as an...
Persistent link: https://www.econbiz.de/10012604909
In this paper, we scrutinize in the transforming party-state system of China the subtle dynamics of enterprise …
Persistent link: https://www.econbiz.de/10012604910
following public sector restructuring in China's manufacturing sector. While the wage responses of rural firms with respect to …
Persistent link: https://www.econbiz.de/10012752286
This paper attempts to partially answer the question of how leadership matters in a Flat World (Friedman, 2006) based upon the experiences of a comprehensive six-month American cultural immersion program at Millersville University in Pennsylvania begun in 1996. The paper examines the social...
Persistent link: https://www.econbiz.de/10012731288
Rapid economic development in China in the post-1978 era has been considered 'intriguing' and 'puzzling' since it … elite are motivated to promote economic development in China. It argues that like politicians in other types of political … regimes, autocratic leaders are interested in high growth rates. It also studies the historical development of China …
Persistent link: https://www.econbiz.de/10010280188