China's State Enterprise Reform - An Overseas Perspective
AbstractAfter briefly surveying the current circumstances of China' s state-owned industrial enterprises, this paper offers a series of policy recommendations organized around two objectives: raising the returns to capital and promoting the development of market-supporting institutions. The author argues that public ownership is not the central cause of weak performance in state enterprises, and that policy analysis should focus on raising returns to capital and building market-supporting institutions rather than on privatization.
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Bibliographic InfoPaper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number 90.
Date of creation: 01 Jul 1997
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Other versions of this item:
- Rawski, Thomas G., 1997. "China's state enterprise reforms--n overseas perspective," China Economic Review, Elsevier, vol. 8(1), pages 89-98.
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