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Exit the Dragon?: Chatham House Papers

Autor Green
en Limba Engleză Hardback – 14 feb 2005
The Chinese state is withdrawing from industry at speed. A sale of state assets of huge proportions began in the early 1990s. Most small and medium-sized state-owned enterprises (SOEs) have already been sold, the majority to their own staff, as have township and village enterprises. Large firms, particularly in strategic sectors, are being treated differently. The government is selling stakes in some, but the largest and best firms are being retained, and new state agencies and incentive mechanisms are being used to boost their performance.


This volume, drawing on the research of ten scholars from around the world, is the first book-length work to examine and evaluate China's privatization experience. It tackles a number of important questions. What factors determine the decision by government officials to sell or retain their firms? How efficient and fair is the sale process? How credible is the government's ambition to create world-class state-owned conglomerates?

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Specificații

ISBN-13: 9781405126441
ISBN-10: 1405126442
Pagini: 252
Dimensiuni: 165 x 242 x 19 mm
Greutate: 0.5 kg
Editura: Wiley
Seria Chatham House Papers

Locul publicării:Chichester, United Kingdom

Public țintă

academics, researchers and undergraduates studying international politics and policy studies; also of use to policy makers and specialists particularly interested in China and privatization

Notă biografică


Descriere

Evaluates China's privatization experience by investigating the efficiency and fairness of the sale process and the credibility of the government's ambition to create world-class state-owned conglomerates. This book explains how the state is withdrawing from key sectors such as automobiles, energy and telecoms.