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Political and Economic Analysis of State-Owned Enterprise Reform (Paperback)
Loot Price: R1,315
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Political and Economic Analysis of State-Owned Enterprise Reform (Paperback)
Series: China Perspectives
Expected to ship within 12 - 17 working days
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In revisiting the forty year history of reforms to China's
state-owned enterprises (SOE), the book assesses the experiences of
this process of reform and scrutinizes how this has helped advance
the country's economy overall. The author finds that China's SOE
reform not only commits to institutional innovation within the
corporation in terms of operating mechanisms, management structure,
legal organization and the economic system of the enterprise; but
that it is also underpinned by a series of policies that highlight
an increasing market orientation. The measures have given rise to a
benign interaction between enterprise reform and market
development, while switching the SOE's role from appendages of
government organs under a planned economic system to more
autonomous entities that integrate public ownership and the market
economy. In this regard, SOE reform's success in constructing a
modern enterprise system serves as the micro-foundation and core of
an improved socialist market economic system. The book will appeal
to academics and students interested in political economy and the
Chinese economy, with particular reference to SOE reform and the
recent economic transition in China.
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