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Author:
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 262
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Author:
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 262
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Book Description
Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386961
Category : Business & Economics
Languages : en
Pages : 483
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Book Description
Over the last twenty-five years, there has been an acceleration in the move from government regulation towards privatization. Governance, Regulation, and Privatization in the Asia-Pacific Region is the first thoroughgoing account of the relative success of the different approaches to privatization as undertaken in Korea, China, Australia, and Japan. In most contexts, privatization is expected to yield greater efficiency and cost effectiveness while avoiding the corruption and bloated budgets of government regulation or monopoly control. But broad-scale privatization, if ill designed, has also yielded its share of difficulties in East Asia. Privatization sometimes has created a vacuum in corporate governance for some of the region's most important industries and in some cases merely reinstated the monopoly-like configurations. The papers presented in this book discuss the experiences of privatization in several industries, including railroad and telecom, corporate governance problems, accounting issues, and challenges for the future in East Asian countries. The first section is theoretical in nature and proposes boundaries among government protection, market freedom, and shareholder expectations. The second part is constituted by country case studies, beginning with an analysis of both the Korean financial crisis that followed its 1997 law to privatize large, public sector corporations and the new ways Korean corporations finance themselves. Following is an evaluation of China's approach to privatization, with an in-depth look at the financial transitions of companies slated for initial public offering. Providing provocative examples of the methods of privatization in the Asia-Pacific region specifically, these papers will be of huge import to any economist or policymaker interested in transposing those successes for their own region.
Author: Canadian Transportation Research Forum. Conference
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 436
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Author: United States. Federal Railroad Administration
Publisher:
ISBN:
Category : Railroads and state
Languages : en
Pages : 408
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Book Description
Author: European Conference of Ministers of Transport
Publisher: OECD Publishing
ISBN: 9282123111
Category :
Languages : en
Pages : 160
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Book Description
In this report, some of the world's leading experts in rail regulation examine the restructuring of the sector, focusing on tariff reform and the introduction of competition in one of the world's largest rail networks.
Author: Zhenhua Chen
Publisher: Emerald Group Publishing
ISBN: 1784419842
Category : Transportation
Languages : en
Pages : 287
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Book Description
This book reflects on experiences in other countries and makes recommendations for improving the capability and capacity of institutions and organizations, in order to achieve sustainable development of the Chinese high-speed railway (HSR) system.
Author: United States. Congress. Senate. Committee on Commerce
Publisher:
ISBN:
Category : Railroad law
Languages : en
Pages : 2090
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Author: Linda Tjia Yin-nor
Publisher: Routledge
ISBN: 1136212329
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
Having been state-owned for decades, the railway reform in China confused many people, particularly in terms of its ownership and property rights arrangements. Western literature always prescribes that the best model for railway reform is privatization. China’s leadership has also enunciated the state’s determination to re-arrange property rights and rejuvenate corporate governance. But is China’s railway reform really a story of convergence and will the Chinese government follow the western model of railway reform? Addressing these questions, this book provides a positive explanation of the reform in China’s railway sector between 1978 and the dissolution of the Ministry of Railways. It bridges the socialist reform and transport policy literature, and studies the empirical changes of the property rights arrangements in China’s railway system. Refuting the convergence theory, it concludes that the cyclical reform policies of decentralization and re-centralization were actually an exploratory and interactive mechanism of "assets discovery" and "assets recovery". This in-depth study is based on 21 face-to-face interviews with railway cadres as well as field trips to collect first-hand information in Guangzhou, Beijing, Shanghai, Tianjin and Wuhan. As one of the only empirical studies on the reform of the railway sector in China, this book will be of interest to students and scholars of China studies, Transport studies and Political Economy.
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 600
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Author: United States. Congress. Senate. Committee on Commerce
Publisher:
ISBN:
Category : Railroad law
Languages : en
Pages : 632
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