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The desirability of WTO membership for China depends on whether its economic successes have been the result of its … advanced member of WTO. If the experimentalist interpretation of China's phenomenal growth is correct, then WTO membership is a … negative development because it could be a straitjacket for WTO-enforced institutional harmonisation that would constrain China …
Persistent link: https://www.econbiz.de/10014131390
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After …
Persistent link: https://www.econbiz.de/10012026451
characterizes China's state sector. The model demonstrates the nature of the bargain between the principals (i.e., officials from … China's State Asset Council) and the agents (large-SOE managers). We derive an indifference payoff point, which maximizes … party in the game. This condition helps to explain the inability of China's political economy system to privatize …
Persistent link: https://www.econbiz.de/10012853205
This paper examines the progress of state-owned enterprise (SOE) reform in the People’s Republic of China. After …
Persistent link: https://www.econbiz.de/10012867873
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
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State enterprise reforms are underway in China, and include some positive and overdue corporate governance reform …
Persistent link: https://www.econbiz.de/10014120438