Although the relative size of the public sector has been much reduced worldwide since the early 1980s, it remains the dominant borrower from the banking system and responsible for the majority of the non-performing assets of banks. Drawing upon new firm-level survey data, this volume assesses how changes in the ownership structure of SOEs affect management, governance, innovation, and performance, comparing these SOEs to other types of firms in China. It also considers China's reform efforts against the experiences of other transition economies. The research reveals that the medium- and...
Although the relative size of the public sector has been much reduced worldwide since the early 1980s, it remains the dominant borrower from the banki...
Throughout East Asia, the growth process and its sources are changing in a number of important respects, especially for middle- and high-income economies. Growth is increasingly coming from the strength of innovative activities in these economies rather than from factor accumulation as in the past. Such innovative activities--especially in producer services and the creative industries--are concentrated in high-tech clusters in globally linked cities. Drawing on a wide range of literature and on interviews with firms, this book explores these issues with a focus on six East Asian cities:...
Throughout East Asia, the growth process and its sources are changing in a number of important respects, especially for middle- and high-income econom...
Throughout East Asia, the growth process and its sources are changing in a number of important respects, especially for middle- and high-income economies. Growth is increasingly coming from the strength of innovative activities in these economies rather than from factor accumulation as in the past. Such innovative activities--especially in producer services and the creative industries--are concentrated in high-tech clusters in globally linked cities. Drawing on a wide range of literature and on interviews with firms, this book explores these issues with a focus on six East Asian cities:...
Throughout East Asia, the growth process and its sources are changing in a number of important respects, especially for middle- and high-income econom...
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...
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 b...
With the competitiveness of firms in an open and integrated world environment increasingly reliant on technological capability, universities are being asked to take on a growing role in stimulating economic growth. Beyond imparting education, they are now viewed as sources of industrially valuable technical skills, innovations, and entrepreneurship. Developed and developing countries alike have made it a priority to realize this potential of universities to spur growth, a strategy that calls for coordinated policy actions. The distinguished contributors to 'How Universities Promote Economic...
With the competitiveness of firms in an open and integrated world environment increasingly reliant on technological capability, universities are being...
In recent years, growth rates in the so-called 'Tiger economies' of Southeast Asia have been above the average not only for developing countries but for the world as a whole. Yet they fall short of the economic growth experienced during 1975-95. The underlying worry for policy makers is that the decrease presages the beginning of a downward trend, a worry that has been sharpened by the global recession. But are the Tiger economies under threat? And if so, what are the causes and how can they be addressed? This book employs a comparative analysis of the Southeast Asian Tiger economies,...
In recent years, growth rates in the so-called 'Tiger economies' of Southeast Asia have been above the average not only for developing countries but f...
This book evaluates the evolution of regulatory policy in advanced countries and discusses how, due to globalization, policy changes in one country have a knock-on effect in others. Separated in two parts, the first half focuses on policy in developed countries and regulatory diffusion from Europe to Asia.
This book evaluates the evolution of regulatory policy in advanced countries and discusses how, due to globalization, policy changes in one country ha...