1.

Record Nr.

UNINA9910826880703321

Autore

Yusuf Shahid <1949->

Titolo

Under new ownership : privatizing China's state-owned enterprises / / Shahid Yusuf, Kaoru Nabeshima and Dwight H. Perkins

Pubbl/distr/stampa

Palo Alto, CA, : Stanford University Press, c2006

ISBN

1-280-25359-2

9786610253593

0-8213-5625-9

Edizione

[1st ed.]

Descrizione fisica

xii, 284 pages : illustrations ; ; 23 cm

Altri autori (Persone)

NabeshimaKaoru

PerkinsDwight H <1934-> (Dwight Heald)

Disciplina

338.951

Soggetti

Government ownership - China

Privatization - China

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

A copublication of Stanford Economics and Finance, an imprint of Stanford University Press, and the World Bank."

Nota di bibliografia

Includes bibliographical references (p. [241]-264) and index.

Nota di contenuto

CONTENTS; Preface; Abbreviations and Acronyms; 1 China's Industrial System: Where It Is Now, Where It Should Be Headed, and Why; Tables; Figures; 2 Reform in China, 1978-97; 3 The Accelerated Change in Enterprise Ownership, 1997-2003; 4 Chinese Ownership Reform in the East European Mirror; 5 Assessing the Effects of Ownership Reform in China; 6 Making Privatization Work; References; Index; About the Authors

Sommario/riassunto

Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sectors are still incomplete. The relative size of the state-owned enterprise sector has been much reduced, however, the sector remains the dominant borrower from the banking system and is responsible for the majority of bank non-performing assets. Thus in the interests of financial stability it is crucial to implement the remaining reform agenda. The accession to the WTO has also made it more urgent for China's most-dynamic state-owned en