An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises

An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises PDF Author: Cheng Jin
Publisher: Springer
ISBN: 3319597701
Category : Business & Economics
Languages : en
Pages : 229

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Book Description
This book provides a historical economic analysis of two key issues relating to township and village enterprise (TVE) development in China. Firstly, the nature of the evolving relationship between TVEs and local government; in particular how TVE entrepreneurs have used institutionalized power to secure the political influence needed to defend their financial independence. Secondly, the relationship between TVEs and state-owned enterprises (SOEs), and the role of SOEs in China’s economic transition. This study highlights the importance of the role of SOEs in the “dual-track pricing system” and its impact on other parts of the economy. Township and village enterprises were key to China's success in the late twentieth century, but have more or less disappeared as an entity over the past decade or so. By measuring the structural difference of the SOE sector before and after 1998–2003 SOE reform, Jin explains their fast catch-up in productivity since the mid-1990s, as well as the relative decline of TVE productivity.

An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises

An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises PDF Author: Cheng Jin
Publisher: Springer
ISBN: 3319597701
Category : Business & Economics
Languages : en
Pages : 229

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Book Description
This book provides a historical economic analysis of two key issues relating to township and village enterprise (TVE) development in China. Firstly, the nature of the evolving relationship between TVEs and local government; in particular how TVE entrepreneurs have used institutionalized power to secure the political influence needed to defend their financial independence. Secondly, the relationship between TVEs and state-owned enterprises (SOEs), and the role of SOEs in China’s economic transition. This study highlights the importance of the role of SOEs in the “dual-track pricing system” and its impact on other parts of the economy. Township and village enterprises were key to China's success in the late twentieth century, but have more or less disappeared as an entity over the past decade or so. By measuring the structural difference of the SOE sector before and after 1998–2003 SOE reform, Jin explains their fast catch-up in productivity since the mid-1990s, as well as the relative decline of TVE productivity.

Oxford Bibliographies

Oxford Bibliographies PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


China's Rural Industry

China's Rural Industry PDF Author: World Bank
Publisher: Oxford University Press
ISBN: 9780195208221
Category : Business & Economics
Languages : en
Pages : 464

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Book Description
This collection of papers presented at an international conference in 1987 provides a comprehensive analysis of China's booming rural non-state industrial sector, both collective and private.

How Reform Worked in China

How Reform Worked in China PDF Author: Yingyi Qian
Publisher: MIT Press
ISBN: 026253424X
Category : Business & Economics
Languages : en
Pages : 414

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Book Description
A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally important. As China has transformed itself from a centrally planned economy to a market economy, economists have tried to understand and interpret the success of Chinese reform. As the Chinese economist Yingyi Qian explains, there are two schools of thought on Chinese reform: the “School of Universal Principles,” which ascribes China's successful reform to the workings of the free market, and the “School of Chinese Characteristics,” which holds that China's reform is successful precisely because it did not follow the economics of the market but instead relied on the government. In this book, Qian offers a third perspective, taking certain elements from each school of thought but emphasizing not why reform worked but how it did. Economics is a science, but economic reform is applied science and engineering. To a practitioner, it is more useful to find a feasible reform path than the theoretically best way. The key to understanding how reform has worked in China, Qian argues, is to consider the way reform designs respond to initial historical conditions and contemporary constraints. Qian examines the role of “transitional institutions”—not “best practice institutions” but “incentive-compatible institutions”—in Chinese reform; the dual-track approach to market liberalization; the ownership of firms, viewed both theoretically and empirically; government decentralization, offering and testing hypotheses about its link to local economic development; and the specific historical conditions of China's regional-based central planning.

China in the Age of Xi Jinping

China in the Age of Xi Jinping PDF Author: Michael Dillon
Publisher: Routledge
ISBN: 1000370968
Category : History
Languages : en
Pages : 479

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Book Description
This book presents a concise introduction to China in the Xi Jinping era. It is intended as a first book for those coming new to the subject, providing the essential information that most people need to know, without going into excessive detail. Its coverage includes the economy, society, politics, and international relations; China's history, especially the twentieth century; and Taiwan and Hong Kong, as well as the People's Republic of China. It will also be useful for more advanced students who need to understand developments in China outside their own primary disciplines. The book provides an up-to-date and clear guide to the changes which have taken place in China in the late twentieth and early twenty-first centuries, including the recent further changes which are taking place under Xi Jinping’s regime. It draws on the enormous body of empirical and theoretical research that is being carried out by economists, political scientists, and sociologists on China, but is itself written in non-technical and accessible language. It does not assume any previous knowledge of China and explanations of Chinese terms are provided throughout the book. It includes a map, a chronology, a glossary of Chinese terms, biographical notes on key figures, and a guide to further reading.

The Chinese Economy

The Chinese Economy PDF Author: Barry Naughton
Publisher: MIT Press
ISBN: 0262640643
Category : Business & Economics
Languages : en
Pages : 545

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Book Description
The most comprehensive English-language overview of the modern Chinese economy, covering China's economic development since 1949 and post-1978 reforms--from industrial change and agricultural organization to science and technology.

Socialist Economic Development in the 21st Century

Socialist Economic Development in the 21st Century PDF Author: Alberto Gabriele
Publisher: Routledge
ISBN: 1000545482
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
Over a hundred years after the first socialist revolution broke the global monopoly of capitalism, a new class of socialist-oriented socioeconomic development is coming to the fore. Capitalism is still dominant worldwide, although its hegemony is no longer undisputed, and humankind is now faced with a key existential challenge. This book proposes an alternative path to overcoming the worldwide crisis of globalized capitalism. It offers a novel, balanced and historically rooted interpretation of the successes and failures of socialist economic construction throughout the last century. The authors apply a multidisciplinary, holistic and purpose-based methodology to draw basic lessons from stylized facts, emerging in different areas of knowledge, ranging from political economy to biology, and from key national socioeconomic experiences, with a particular focus on China. The book is divided into three parts. The first is mainly theoretical and general in nature, identifying the major contributions bequeathed by the hard sciences to their social counterparts. Consistent with these findings, the authors offer a stylized interpretation of the contemporary state-of-the-art of the debate on the core concepts of economic science and advance a few elementary theories about what socialism in the 21st century could look like. The second and third parts analyze and discusses the core features of a few select experiences, which have evolved in certain countries since 1917, some of which are still unfolding. The book will find an audience among academics, researchers and students in the fields of economics, political science, history, and geography, as well as, policy makers, particularly in developing countries.

China's Labour Market, 1950–2050

China's Labour Market, 1950–2050 PDF Author: Jane Du
Publisher: Springer Nature
ISBN: 3031531388
Category :
Languages : en
Pages : 171

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China's Economic Reforms: Successes And Challenges

China's Economic Reforms: Successes And Challenges PDF Author: Peter Koveos
Publisher: World Scientific
ISBN: 9811256535
Category : Business & Economics
Languages : en
Pages : 936

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Book Description
In the last 40 years of China's economic reforms, the country has made unprecedented progress in its economic development and its position in the global stage. As a result, interest in China has resulted in numerous books focusing on the world's second largest economy. A single volume, however, cannot possibly explain the complex nature of China's economic system and its relationship with the rest of the world. China's Economic Reforms: Successes and Challenges contributes to the understanding of China's reforms by offering a detailed analysis of critical components of the country's economic architecture.Within the context of the global economy, the book illustrates the performance of the Chinese economy at both the aggregate and individual sector levels before and after reforms. Comparisons and contrasts are made with the economies of the US, Japan, South Korea, India, and Russia. The book presents the challenges facing the Chinese reform process, and explain how these challenges affect the domestic economy, the rest of the world, and the overall success of China's reforms.

Capitalism with Chinese Characteristics

Capitalism with Chinese Characteristics PDF Author: Yasheng Huang
Publisher: Cambridge University Press
ISBN: 1139475134
Category : Political Science
Languages : en
Pages : 560

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Book Description
Presents a story of two Chinas – an entrepreneurial rural China and a state-controlled urban China. In the 1980s, rural China gained the upper hand. In the 1990s, urban China triumphed. In the 1990s, the Chinese state reversed many of its rural experiments, with long-lasting damage to the economy and society. A weak financial sector, income disparity, rising illiteracy, productivity slowdowns, and reduced personal income growth are the product of the capitalism with Chinese characteristics of the 1990s and beyond. While GDP grew quickly in both decades, the welfare implications of growth differed substantially. The book uses the emerging Indian miracle to debunk the widespread notion that democracy is automatically anti-growth. As the country marked its 30th anniversary of reforms in 2008, China faces some of its toughest economic challenges and substantial vulnerabilities that require fundamental institutional reforms.