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Author: Shin-Ray Lee
Publisher:
ISBN:
Category : Rural industries
Languages : en
Pages : 144
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Book Description
Author: Shin-Ray Lee
Publisher:
ISBN:
Category : Rural industries
Languages : en
Pages : 144
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Book Description
Author: Hongyi Chen
Publisher: Routledge
ISBN: 1351812289
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
This title was first published in 2000: This work provides a new insight into china's township and village enterprises (TVEs). It views the governance structure of TVEs as effectively combining the comparative advantage of local government officials in external management and of dual firm managers in internal management to overcome imperfections in both market and government during the transitional period. Through extensive field investigation analysis and case studies, this work shows that the governance structure of TVEs has been evolving during the past fifteen years. To adapt to the changing environment, TVEs have continuously innovated firm contractual form from a government official dominant fixed-wage form to a partnership style profit-sharing form, then to a privatization oriented fixed-rent form. This work develops a complete model to explain how the central government’s partial reform efforts in market liberalization have become the driving force to induce the contractual form innovation, and to explicate how heterogeneity in firms’ technical structures and in local economic settings may affect local government’s decisions regarding contractual form innovation. Using the author’s unique data set, the model simulations predict that the development in the whole market system will result in the diffusion of contractual form innovation and lead to an 'induced privatization’ in this sector. The following empirical studies show this to be a powerful prediction and the progress toward such ’induced privatization' can be expected in China in near future. This research work provides a rich empirical study on China’s institutional transition towards a market system. It explains how a bottom-up endogenous, instead of top-down exogenous, property rights reform can be realized in transitional economies. This work will serve as a valuable reference for researchers and students in economics, economic development and institutional economics - and especially for those interested in research.
Author: William A. Byrd
Publisher: World Bank Publications
ISBN:
Category : China
Languages : en
Pages : 45
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Book Description
The rapid growth of rural nonstate industry - a sector of community-based firms - has been the most striking recent economic phenomenon in China, next to the collectivization of agriculture. For the further development of the sector, defining property rights and gradually opening capital and labor markets are priority tasks.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Chenggang Xu, Xiaobo Zhang
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 32
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Book Description
"Township-village enterprises (TVEs) were a major engine of China's rapid rural industrialization in the past three decades. TVEs also played a key role in fostering entrepreneurship and served as a major stepping-stone for institutional changes when legal protections of private property rights were not in place and the state-owned enterprises (SOEs) were slow to react to changing market demand. As private ownership was gradually recognized legally, TVEs lost their edge in competing with private firms. In the past two decades, industrial clusters with a concentration of private entrepreneurial firms coordinated by local governments have emerged rapidly in many areas. The structures of such firms as TVEs and the subsequent clustering modes of production are an outcome of interaction with other local and macro environments. As the environment changes, a firm's organization and organizational structure may change as well."--Authors' abstract.
Author: Shunfeng Song
Publisher: Routledge
ISBN: 1317017862
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
The re-emergence of private enterprises is one of the most important factors in China's recent economic development. They will play a key role in maintaining China's high growth rate and honouring its commitments to the WTO. Despite this they face obstacles to growth, including borrowing restrictions, high taxes, ineffective legal protection and lack of technical and information support. The authors in this book discuss these obstacles and propose measures for improving private enterprise development. They consider how private enterprises can help China mitigate its macroeconomic problems, such as unemployment, income inequality, financial disintermediation and cyclical boom and bust. Finally they examine the lessons to be learnt from other countries in promoting privatization.
Author: Jiahua Che
Publisher:
ISBN:
Category : Government business enterprises
Languages : en
Pages : 34
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Book Description
Author: Martin L. Weitzman
Publisher:
ISBN:
Category : Cooperation
Languages : en
Pages : 52
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Book Description
Property rights, reform, economic, transition.
Author: Z. Chen
Publisher: Springer
ISBN: 1137516410
Category : Business & Economics
Languages : en
Pages : 198
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Book Description
This book illustrates the decline of the state-encouraged revival and legitimization of private enterprises in 1980s China. Chen argues that the rapid growth of private enterprises strengthened the fiscal power of the state, leading the Chinese government to take an increasingly interventionist stance.
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.
