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The Public Institution Reform of China in 2011 effectively downsized public institutions, which is an important …
Persistent link: https://www.econbiz.de/10012848692
all the post-communist countries have become market economies and have achieved macroeconomic stability. Privatization was … has occurred. What went wrong? How could privatization be done better, or be defended? What should be done to defend … private enterprise in the future? This paper argues that the nature of privatization is far less important than the …
Persistent link: https://www.econbiz.de/10012628516
Conventional wisdom holds that international trade agreements can be used as external pressures and credible commitments to overcome opposition and lock in domestic economic reforms. This belief, however, underestimates the ability of politicians to use international trade agreements to leverage...
Persistent link: https://www.econbiz.de/10012004331
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...
Persistent link: https://www.econbiz.de/10010267582
, both developed and emerging, namely China, Japan, Russia, India, England, France, North Korea, Italy, Germany, Indonesia …
Persistent link: https://www.econbiz.de/10012989074
Similarly to other post-Communist countries Georgia also embarked transition from a command economy to a market economy. The Georgian experience of reforming its economy should be considered interesting as the country succeeded in overcoming the hyperinflation and the economic downturn was...
Persistent link: https://www.econbiz.de/10013079343
in on the role of local banks and trading companies, as well as to the effects of privatization. The impact of FIGs …
Persistent link: https://www.econbiz.de/10013056727
emerging system of economic globalization. China appears to have accomplished this goal, Cuba could follow China's example … engagement has actually worked as advertised in China. Second, the Chinese model may not translate well to the Cuban context. The … substantial shift in the nature of the governing ideology. Third, neither Cuba nor China has solved the core foundational problem …
Persistent link: https://www.econbiz.de/10014067386
all the post-communist countries have become market economies and have achieved macroeconomic stability. Privatization was … has occurred. What went wrong? How could privatization be done better, or be defended? What should be done to defend … private enterprise in the future? This paper argues that the nature of privatization is far less important than the …
Persistent link: https://www.econbiz.de/10013310345
This paper examines the determinants of privatization in Chinese rural industry by using data that we collected from … Southern China in 1998. By employing several econometric specifications, we find that the probability of a firm being … that it does not vary with government policies. Our findings highlight the decentralized nature of China's reforms …
Persistent link: https://www.econbiz.de/10014072379