000 01546pab a2200169 454500
008 180718b2002 xxu||||| |||| 00| 0 eng d
100 _aMorris, Jonathan
245 _aPrivatization, Chinese style; economic reform and stateowned enterprises
260 _c2002
300 _ap.359-73.
520 _aThis article reviews `corporatization' and `marketizatin', shorthands for privatizations, in the Chinese economy. In particular it concentrates upon the most recent round of state-owned enterprise reforms, the Modern Enterprise System and Group Company System, aimed at transorming China's largest state-owned enterprises into internationally competitive corporations. This represents a partial privatization, given that the state will retain majority ownership, while acquiring domestic and foreign capital via sharelistings and foreign and domestic joint ventures. Drawing upon interview material from a five-year study of state-owned enterprises, the authors will indicate that such part privatization has been pragmatic and relatively slow. It has been constrained and circumscribed by broader economic and social reform programmes and accompanied by political decentralization and reforms. Ultimately, the reform and pace of reform is shaped by the desire to avoid political and social unrest which could, potentially, threaten the harmony of the Chinese central state apparatus. - Reproduced.
650 _aEconomic reform
700 _aSheehan, Jackie
700 _aHassard, John
773 _aPublic Administration
909 _a52846
999 _c52846
_d52846