Political and Economic Analysis of State-Owned Enterprise Reform

Name: Political and Economic Analysis of State-Owned Enterprise Reform
Brand: Taylor & Francis

Taylor & Francis

In revisiting the forty year history of reforms to China\u2019s state-owned enterprises (SOE), the book assesses the experiences of this process of reform and scrutinizes how this has helped advance the country\u2019s economy overall.\nThe author finds that China\u2019s SOE reform not only commits to institutional innovation within the corporation in terms of operating mechanisms, management structure, legal organization and the economic system of the enterprise; but that it is also underpinned by a series of policies that highlight an increasing market orientation. The measures have given rise to a benign interaction between enterprise reform and market development, while switching the SOE\u2019s role from appendages of government organs under a planned economic system to more autonomous entities that integrate public ownership and the market economy. In this regard, SOE reform\u2019s success in constructing a modern enterprise system serves as the micro-foundation and core of an im.