China Development Research Foundation is one of the leading economic think tanks in China, where many of the details of China’s economic reform have been formulated. Its work and publications therefore provide great insights into what the Chinese themselves think about economic reform and how it should develop. This book sets out the general objectives, principles and framework of a proposed new social welfare system for China, putting forward relevant policy recommendations. It provides a comprehensive overview of China’s current welfare services, including retirement pensions,...
China Development Research Foundation is one of the leading economic think tanks in China, where many of the details of China’s economic reform h...
This book, based on in-depth field research at the local level, assesses the different factors that are contributing to the transition to a market economy and the growth of networks in rural China. It analyses the different socio-economic actors - peasant households, out-migrants, family businesses and peasant entrepreneurs, uses the key concept of markets as a nexus of social networks, and identifies three different kinds of 'social capital' - human capital, political capital/status, and network capital. This book demonstrates the importance of socio-political networks and highlights...
This book, based on in-depth field research at the local level, assesses the different factors that are contributing to the transition to a market eco...
Yao and Xiaming present the work of leading economists of China, who put forward new research findings and new thinking on a wide range of issues connected with the problem of sustaining China's economic growth.
Yao and Xiaming present the work of leading economists of China, who put forward new research findings and new thinking on a wide range of issues conn...
Changes to corporate structure, including the role of the corporate headquarters, have been key factors in bringing about economic reform in China. In this penetrating and insightful book, Xiao questions the conventional theory of the firm, arguing that the ultimate goal of the headquarters of modern large corporations is to function as a substitute for the market, and introducing a new explanation for the nature of the firm - the 'substitution function model'. He provides an insider's account of the reforms in CITIC, and as such this is a rare narrative that should be essential reading...
Changes to corporate structure, including the role of the corporate headquarters, have been key factors in bringing about economic reform in China. In...
Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions' (akin to Japanese keiretsu and South Korean chaebol ), how these 'national champions' compete with multinational enterprises, and how China's rapid and successful 'late industrialisation' does not fit orthodox economic theories. The book provides a detailed illustration of these wider issues with a case study of the auto industry.
Considers the 'late industrialisation' of China, showing how government policies have encouraged the development of 120 'national champions' (akin to ...
Based on extensive original economic analysis, Chen examines key questions relating to corporate governance in China, including the relationship between ownership structure and corporate performance, the determinants of capital structure, and the nature of contemporary governance structures. It concludes that corporate performance is positively related to ownership concentration, but negatively related to state ownership, and that contemporary corporate governance structures are heavily dependent on previous structures in the centrally-planned economy and on the path of transition to the...
Based on extensive original economic analysis, Chen examines key questions relating to corporate governance in China, including the relationship ...
