Arbeitspapier

The unfinished business of state-owned enterprise reform in the People's Republic of China

This paper examines the progress of state-owned enterprise (SOE) reform in the People’s Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE profitability in the early 1990s. The oil industry serves to illustrate industry-specific SOE reform trends as well as the latest reform developments. Until today, a stable, successful, longterm arrangement of state ownership has remained elusive. SOE reform is incomplete as long as a number of fundamental governance issues are not resolved. But these are difficult to resolve in the context of Party-controlled state-owned enterprises.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 7688

Klassifikation
Wirtschaft
Economic Systems: General
Socialist Enterprises and Their Transitions
Firm Objectives, Organization, and Behavior: General
Socialist Systems and Transitional Economies: Political Economy; Property Rights
Firm Behavior: Empirical Analysis
Public Enterprises; Public-Private Enterprises
Industrial Policy
Economywide Country Studies: Asia including Middle East
Thema
state-owned enterprise reform
People’s Republic of China
corporate governance
public enterprise management
Chinese Communist Party
state-owned asset management
industrial policy

Ereignis
Geistige Schöpfung
(wer)
Holz, Carsten A.
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Holz, Carsten A.
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2019

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