Articles liés à Three Essays on China's State Owned Enterprises

Three Essays on China's State Owned Enterprises - Couverture souple

Li, Professor Minqi

 
9783639090826: Three Essays on China's State Owned Enterprises
Couverture souple
ISBN 10 : 3639090829 ISBN 13 : 9783639090826
Editeur : VDM Verlag Dr. Mueller E.K., 2008

Synopsis

A common theme in the analysis of the contemporary Chinese economy is that the Chinese state owned enterprises fail to operate efficiently because of ambiguous property rights, soft budget constraints, and government intervention. These authors advocate an economic reform program based on large-scale privatization. This monograph advances an alternative perspective on the state owned enterprises. It argues that the state owned enterprises have made an important contribution to China's macroeconomic stability. In the Chinese context, the state owned enterprise sector must be sufficiently large so that public sector investment accounts for about 50 percent of the total capital formation. The performance of the state owned enterprises can be enhanced by promoting workers' participation in management. Much of the disguised unemployment in the state sector may be due to insufficient aggregate demand rather than technical inefficiency. An increase in aggregate demand should lead to substantially higher productivity in the state owned enterprises.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Éditeur
VDM Verlag Dr. Mueller E.K.
Date d'édition
2008
Langue
anglais
ISBN 10 
3639090829
ISBN 13 
9783639090826
Reliure
Broché
Nombre de pages
176
Coordonnées du fabricant
non disponible
Personne responsable
non disponible