Shareholding System Reform in China

Shu-Yun Ma

in Books from Edward Elgar Publishing

Abstract: Since the 1980s, there has been a global wave of transfer of state assets to private hands. China is a relatively late participant of this worldwide trend, yet, in the last decade it has emerged as one of the largest privatizing countries. Shu-Yun Ma argues that China’s privatization is not based on any grand blueprint; rather, it is privatization by ‘groping for stones to cross the river’, a well-known metaphor often attributed to Deng Xiaoping, meaning that the reform simply proceeds on a trial-and-error basis without being guided by any theory.

Keywords: Asian Studies; Business and Management; Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
JEL-codes: B5 E12 (search for similar items in EconPapers)
Date: 2010
ISBN: 9781848440517
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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