Author: Russell Leigh Smyth
Publisher:
ISBN:
Category : China
Languages : en
Pages : 748
Book Description
Institution Perspectives on Post-socialist Transformation with Particular Reference to Township and Village Enterprises in China
Author: Russell Leigh Smyth
Publisher:
ISBN:
Category : China
Languages : en
Pages : 748
Book Description
Publisher:
ISBN:
Category : China
Languages : en
Pages : 748
Book Description
Institutional Perspectives on Post-socialist Transformation with Particular Reference to Township and Village Enterprises in China
The Institutional Transition of China's Township and Village Enterprises
Author: Hongyi Chen
Publisher: Routledge
ISBN: 1351812289
Category : Business & Economics
Languages : en
Pages : 294
Book Description
This title was first published in 2000: This work provides a new insight into china's township and village enterprises (TVEs). It views the governance structure of TVEs as effectively combining the comparative advantage of local government officials in external management and of dual firm managers in internal management to overcome imperfections in both market and government during the transitional period. Through extensive field investigation analysis and case studies, this work shows that the governance structure of TVEs has been evolving during the past fifteen years. To adapt to the changing environment, TVEs have continuously innovated firm contractual form from a government official dominant fixed-wage form to a partnership style profit-sharing form, then to a privatization oriented fixed-rent form. This work develops a complete model to explain how the central government’s partial reform efforts in market liberalization have become the driving force to induce the contractual form innovation, and to explicate how heterogeneity in firms’ technical structures and in local economic settings may affect local government’s decisions regarding contractual form innovation. Using the author’s unique data set, the model simulations predict that the development in the whole market system will result in the diffusion of contractual form innovation and lead to an 'induced privatization’ in this sector. The following empirical studies show this to be a powerful prediction and the progress toward such ’induced privatization' can be expected in China in near future. This research work provides a rich empirical study on China’s institutional transition towards a market system. It explains how a bottom-up endogenous, instead of top-down exogenous, property rights reform can be realized in transitional economies. This work will serve as a valuable reference for researchers and students in economics, economic development and institutional economics - and especially for those interested in research.
Publisher: Routledge
ISBN: 1351812289
Category : Business & Economics
Languages : en
Pages : 294
Book Description
This title was first published in 2000: This work provides a new insight into china's township and village enterprises (TVEs). It views the governance structure of TVEs as effectively combining the comparative advantage of local government officials in external management and of dual firm managers in internal management to overcome imperfections in both market and government during the transitional period. Through extensive field investigation analysis and case studies, this work shows that the governance structure of TVEs has been evolving during the past fifteen years. To adapt to the changing environment, TVEs have continuously innovated firm contractual form from a government official dominant fixed-wage form to a partnership style profit-sharing form, then to a privatization oriented fixed-rent form. This work develops a complete model to explain how the central government’s partial reform efforts in market liberalization have become the driving force to induce the contractual form innovation, and to explicate how heterogeneity in firms’ technical structures and in local economic settings may affect local government’s decisions regarding contractual form innovation. Using the author’s unique data set, the model simulations predict that the development in the whole market system will result in the diffusion of contractual form innovation and lead to an 'induced privatization’ in this sector. The following empirical studies show this to be a powerful prediction and the progress toward such ’induced privatization' can be expected in China in near future. This research work provides a rich empirical study on China’s institutional transition towards a market system. It explains how a bottom-up endogenous, instead of top-down exogenous, property rights reform can be realized in transitional economies. This work will serve as a valuable reference for researchers and students in economics, economic development and institutional economics - and especially for those interested in research.
Transforming Rural China
Author: Chih-Jou Jay Chen
Publisher: Routledge
ISBN: 1134643616
Category : Business & Economics
Languages : en
Pages : 241
Book Description
It is often assumed that privatization leads to profit, and that well-delineated property rights and a strong private sector will help boost an economy. This book investigates the property rights in Chinese enterprises in the reform era, finding that distinction between the public and the private are blurred, that national reform policies are implemented unevenly across the country, and that enterprises owned by local governments, in Shanghai, for example, are actually extremely profitable.
Publisher: Routledge
ISBN: 1134643616
Category : Business & Economics
Languages : en
Pages : 241
Book Description
It is often assumed that privatization leads to profit, and that well-delineated property rights and a strong private sector will help boost an economy. This book investigates the property rights in Chinese enterprises in the reform era, finding that distinction between the public and the private are blurred, that national reform policies are implemented unevenly across the country, and that enterprises owned by local governments, in Shanghai, for example, are actually extremely profitable.
Economic Reform, Institutional Transition, and Firm Contractual Form Innovation
Author: Hong Yi Chen
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 622
Book Description
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 622
Book Description
Some Assembly Required
Author: Calvin Chen
Publisher: BRILL
ISBN: 1684174759
Category : History
Languages : en
Pages : 253
Book Description
"One linchpin of China’s expansion has been township and village enterprises (TVEs), a vast group of firms with diverse modes of ownership and structure. Based on the author’s fieldwork in Zhejiang, this book explores the emergence and success of rural enterprises. This study also examines how ordinary rural residents have made sense of and participated in the industrialization engulfing them in recent decades. How much does TVE success depend on the ruthless exploitation of workers? How did peasants-turned-workers develop such impressive skills so quickly? To what extent do employees’ values affect the cohesion and operations of companies? And how long can peasant workers sustain these efforts in the face of increasing market competition? The author argues that the resilience of these factories has as much to do with how authority is defined and how people interact as it does with the ability to generate profits. How social capital was deployed and replenished at critical moments was central to the eventual rise and consolidation of these enterprises as effective, robust institutions. Without mutual respect, company leaders would have found it impossible to improve their firms’ productivity, workplace stability, and long-term viability."
Publisher: BRILL
ISBN: 1684174759
Category : History
Languages : en
Pages : 253
Book Description
"One linchpin of China’s expansion has been township and village enterprises (TVEs), a vast group of firms with diverse modes of ownership and structure. Based on the author’s fieldwork in Zhejiang, this book explores the emergence and success of rural enterprises. This study also examines how ordinary rural residents have made sense of and participated in the industrialization engulfing them in recent decades. How much does TVE success depend on the ruthless exploitation of workers? How did peasants-turned-workers develop such impressive skills so quickly? To what extent do employees’ values affect the cohesion and operations of companies? And how long can peasant workers sustain these efforts in the face of increasing market competition? The author argues that the resilience of these factories has as much to do with how authority is defined and how people interact as it does with the ability to generate profits. How social capital was deployed and replenished at critical moments was central to the eventual rise and consolidation of these enterprises as effective, robust institutions. Without mutual respect, company leaders would have found it impossible to improve their firms’ productivity, workplace stability, and long-term viability."
institutional environment, community government, and corporate governance: understadning china's township village enterprises
How China Became Capitalist
Author: R. Coase
Publisher: Springer
ISBN: 1137019379
Category : Business & Economics
Languages : en
Pages : 268
Book Description
How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.
Publisher: Springer
ISBN: 1137019379
Category : Business & Economics
Languages : en
Pages : 268
Book Description
How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.
Township Governance and Institutionalization in China
Author: Shukai Zhao
Publisher: World Scientific
ISBN: 9814405922
Category : Political Science
Languages : en
Pages : 379
Book Description
This unique volume takes a very different approach to township or xiangzhen governance. It explores the structural constraints on township governance and the way that these constraints influence the day-to-day behavior of Chinese rural grassroots government leaders. Based on thoroughgoing interviews with township and village cadres and villagers, the book depicts how individual actions affect and are affected by the underlying institutional arrangements and hence captures the dynamic micro functions of grassroots government as well as macro evolutions of overarching political institutions in China. The down-to-earth presentation of this book engages readers to deeply feel the genuine life and dilemmas of cadres at the rural grassroots levels in China.The goal of this book is to analyze the fiscal standing, power structure and public service functions of township governments in the context of its subtle relationships with upper level governments as well as with sub-level villages and the rural grassroots society. Its comprehensive documentation and in-depth discussion provide the best depiction of rural governance in contemporary China.
Publisher: World Scientific
ISBN: 9814405922
Category : Political Science
Languages : en
Pages : 379
Book Description
This unique volume takes a very different approach to township or xiangzhen governance. It explores the structural constraints on township governance and the way that these constraints influence the day-to-day behavior of Chinese rural grassroots government leaders. Based on thoroughgoing interviews with township and village cadres and villagers, the book depicts how individual actions affect and are affected by the underlying institutional arrangements and hence captures the dynamic micro functions of grassroots government as well as macro evolutions of overarching political institutions in China. The down-to-earth presentation of this book engages readers to deeply feel the genuine life and dilemmas of cadres at the rural grassroots levels in China.The goal of this book is to analyze the fiscal standing, power structure and public service functions of township governments in the context of its subtle relationships with upper level governments as well as with sub-level villages and the rural grassroots society. Its comprehensive documentation and in-depth discussion provide the best depiction of rural governance in contemporary China.