Exit the Dragon?: Privatization and State Control in ChinaISBN: 978-1-4051-2644-1
Hardcover
252 pages
April 2005, Wiley-Blackwell
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Other Available Formats: Paperback
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Nominated for the 2006 IPEG Book Prize
Drawing on the research of ten scholars from around the world,
this volume evaluates China’s privatization experience by
investigating the efficiency and fairness of the sale process and
the credibility of the government’s ambition to create
world-class state-owned conglomerates.
- One of the first book-length works to evaluate China’s
privatization experience.
- Draws on the research of ten scholars from around the world
including Liu Xiaoxuan (Chinese Academy of Social Sciences), Sun
Laixiang (SOAS, London University) and Chih-jou Jay Chen (Academic
Sinica).
- Investigates the factors determining the decision by government
officials to sell or retain their firms.
- Evaluates how credible the government’s ambition is to
create world-class state-owned conglomerates.
- Compares the efficiency and fairness of the sales against the
lessons learned from the former Soviet bloc.
- Explains how the state is withdrawing from key sectors such as automobiles, energy and telecoms.