The Revival of Private Enterprise in China

The Revival of Private Enterprise in China
Author: Shunfeng Song
Publisher: Routledge
Total Pages: 303
Release: 2016-02-24
Genre: Business & Economics
ISBN: 1317017862

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.

The Revival, Legitimization, and Development of Private Enterprise in China

The Revival, Legitimization, and Development of Private Enterprise in China
Author: Z. Chen
Publisher: Springer
Total Pages: 198
Release: 2016-04-30
Genre: Business & Economics
ISBN: 1137516410

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.

Private Business and Economic Reform in China

Private Business and Economic Reform in China
Author: Susan Young
Publisher: M.E. Sharpe
Total Pages: 196
Release: 1995
Genre: Business & Economics
ISBN: 9781563245015

Based on Party and state documents, Chinese newspaper reports and surveys, the Chinese and Western scholarly literature and the author's own fieldwork, this important study examines the private sector as a case study of the mechanics of reform in China, emphasizing the relationships among local officials, private businesses, and central policy. The book traces the growth of private business in China since 1978 and focuses on the interaction between private sector policy and other reforms and examines how this has affected China's political economy.

Capitalism Without Democracy

Capitalism Without Democracy
Author: Kellee S. Tsai
Publisher: Cornell University Press
Total Pages: 292
Release: 2007
Genre: Business & Economics
ISBN: 9780801473265

Focusing on the activities and aspirations of the private entrepreneurs who are driving China's economic growth.

The State Strikes Back

The State Strikes Back
Author: Nicholas R. Lardy
Publisher: Peterson Institute for International Economics
Total Pages: 251
Release: 2019-01-01
Genre: Business & Economics
ISBN: 0881327387

China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.

China's Third Economic Transformation

China's Third Economic Transformation
Author: Ross Garnaut
Publisher: Routledge
Total Pages: 278
Release: 2004-08-02
Genre: Political Science
ISBN: 1134392117

The Chinese economy is currently undergoing an institutional transformation as profound as the replacement of the people's communes with the household responsibility system in the early 1980s and the emergence of township and village enterprises as the main locus of economic dynamism in the second half of the 1980s. This third dramatic transformation is the emergence of the private sector as the main source of the country's economic growth. This book discusses the key issues in private sector development in China and includes: An overview of the development of private enterprises in China Analysis of the development and emerging paths toward private enterprise Examination of the business environment in which private enterprises operate How the legal environment has changed through economic reform Managerial capabilities and state-business interactions Suggestions of policy recommendations Perhaps controversially, the contributors suggest that private sector development is necessary to maintain the dynamism of the Chinese economy and create greater employment opportunities. China's Third Economic Transformation will appeal to scholars of Asian Economics and business who are interested in the rapid growth of the private sector in China.

China's Emerging Private Enterprises

China's Emerging Private Enterprises
Author: Neil F. Gregory
Publisher: World Bank Publications
Total Pages: 94
Release: 2000-01-01
Genre: Business & Economics
ISBN: 9780821348499

This report aims to take stock of the domestic private sector in China which has emerged over the past twenty years. It is based on surveys and interviews carried out in four locations in China where private sector development is relatively advanced. These studies were supplemented by discussions with entrepreneurs, industry associations, and government officials. The report focuses on three main themes: the structure of private enterprises, the enabling environment for their development and, access to financing. For each of these areas, the report presents an analysis of constraints on private sector development and outlines an agenda for addressing these constraints. The report recommends that, in order to encourage continuing private sector growth, the government should create a level playing field for all enterprises by intervening less and focusing on improved commercial legislation and more open markets. Financial institutions must develop to serve the private sector, and private enterprises need to mature and improve their corporate governance, in order to derive the most benefit from improvements in the business environment.

Private Business and Economic Reform in China

Private Business and Economic Reform in China
Author: Susan Young
Publisher: Routledge
Total Pages: 192
Release: 2015-05-11
Genre: Political Science
ISBN: 1317462114

Based on Party and state documents, Chinese newspaper reports and surveys, the Chinese and Western scholarly literature and the author's own fieldwork, this important study examines the private sector as a case study of the mechanics of reform in China, emphasizing the relationships among local officials, private businesses, and central policy. The book traces the growth of private business in China since 1978 and focuses on the interaction between private sector policy and other reforms and examines how this has affected China's political economy.

The Belt Road and Beyond

The Belt Road and Beyond
Author: Min Ye
Publisher: Cambridge University Press
Total Pages: 269
Release: 2020-03-05
Genre: Business & Economics
ISBN: 1108479561

This investigation uses state-mobilized globalization as a framework to understand China's capitalism and emergence as a global power.

China's Domestic Private Firms:

China's Domestic Private Firms:
Author: Anne S. Tsui
Publisher: Routledge
Total Pages: 353
Release: 2014-12-18
Genre: Business & Economics
ISBN: 1317474953

One of the most important outcomes of market reforms in China over the past 20 years has been the emergence of a significant domestic private sector, which now accounts for almost a third of China's GDP and is by far the country's most important source of employment growth. This book is the first in-depth analysis of the management and operation of these domestic private firms, which are defined as companies or organizations created by PRC citizens, including township enterprises and collectives. The book provides a comprehensive and multidisciplinary perspective on the factors important to the successful operation and growth of these firms. It begins with a review of the literature on the topic in three different disciplines - economics, sociology, and management - each followed by several chapters covering recent developments in these areas. Featuring contributions by distinguished scholars and China experts, the work concludes with an insightful chapter on the future of China's public sector in the global economy.