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• catalog abstract "Reforms to China's enterprises are central to the effort to complete the transformation to a market economy that has been underway since 1978. Reforms have become all the more urgent with the severe financial problems now being suffered by a large portion of China's businesses, and with China's prospective entry into the World Trade Organisation. Enterprise reforms involve both state owned and non-state businesses, and encompass a wide range of individual policies to bolster financial performances, improve behaviour, and provide supporting institutions and infrastructure essential to a modern enterprise economy. The study in this volume describes the main reforms that are being undertaken in each of these areas, the progress that is being made, the problems that are being encountered, and the challenges that remain to be overcome. The overall message is that the enterprise reforms are now at a critical juncture. Important progress is being made; but much more remains to be done and rapid advances are needed in several key areas if the overall reform process is to be sustained and China is to realise its growth potential.Topics covered: the current situation of China's enterprises; economic restructuring and SOE reorganisation; establishing effective corporate governance mechanisms; the role of the financial system; developing social security programmes.".
• catalog contributor b11856676.
• catalog contributor b11856677.
• catalog coverage "China Economic policy 1976-2000.".
• catalog created "c2000.".
• catalog date "2000".
• catalog date "c2000.".
• catalog dateCopyrighted "c2000.".
• catalog description "I. Introduction -- Purpose of this Study -- Objectives, Constraints, and Conditioning Factors -- Reform Schematic -- II. The Current Situation of China's Enterprise Sectors -- -Deteriorating Enterprise Financial Performances -- Factors Behind the Worsening Financial Performances -- III. Economic Restructuring -- -Reducing Overhead Burdens -- Improving Operating Efficiency over the Longer Term -- Overall Impacts of the Restructuring Efforts -- IV. SOE Reorganisation -- -Formation of the SOE Core -- "Letting Go" of Small and Medium Sized SOE -- V. Establishing Effective Corporate Governance Mechanisms -- -Weaknesses in the Corporate Governance Reforms in China -- Corporate Governance Issues in the Non-State Sectors -- VI. The Role of the Financial System in Enterprise Reforms -- -Providing Adequate Financing for Enterprises -- Establishing Financial Discipline -- VII. Developing Social Security Programmes -- -Reforms to Deal with Displaced Workers -- Health and Pension System Reforms -- VIII. Conclusions -- -Macroeconomic Performance and Reform Sustainability -- Areas Where the Process Could Be Improved -- Bibliography -- Annex: Summary of Selected Results from Analysis of Enterprise Panel Data".
• catalog description "Includes bibliographical references (p. 114-119).".
• catalog description "Reforms to China's enterprises are central to the effort to complete the transformation to a market economy that has been underway since 1978. Reforms have become all the more urgent with the severe financial problems now being suffered by a large portion of China's businesses, and with China's prospective entry into the World Trade Organisation. Enterprise reforms involve both state owned and non-state businesses, and encompass a wide range of individual policies to bolster financial performances, improve behaviour, and provide supporting institutions and infrastructure essential to a modern enterprise economy. The study in this volume describes the main reforms that are being undertaken in each of these areas, the progress that is being made, the problems that are being encountered, and the challenges that remain to be overcome. The overall message is that the enterprise reforms are now at a critical juncture. Important progress is being made; but much more remains to be done and rapid advances are needed in several key areas if the overall reform process is to be sustained and China is to realise its growth potential.Topics covered: the current situation of China's enterprises; economic restructuring and SOE reorganisation; establishing effective corporate governance mechanisms; the role of the financial system; developing social security programmes.".
• catalog extent "130 p. :".
• catalog hasFormat "Reforming China's enterprises.".
• catalog identifier "9264176977".
• catalog isFormatOf "Reforming China's enterprises.".
• catalog isPartOf "China in the Global Economy, 1990-0457.".
• catalog isPartOf "China in the global economy".
• catalog issued "2000".
• catalog issued "c2000.".
• catalog language "eng".
• catalog publisher "Paris : Organisation for Economic Co-operation and Development,".
• catalog relation "Reforming China's enterprises.".
• catalog spatial "China Economic policy 1976-2000.".
• catalog spatial "China.".
• catalog subject "338.951 21".
• catalog subject "China Economics".
• catalog subject "Government business enterprises China.".
• catalog subject "HD3616.C63 R44 2000".
• catalog subject "Industrial policy China.".
• catalog tableOfContents "I. Introduction -- Purpose of this Study -- Objectives, Constraints, and Conditioning Factors -- Reform Schematic -- II. The Current Situation of China's Enterprise Sectors -- -Deteriorating Enterprise Financial Performances -- Factors Behind the Worsening Financial Performances -- III. Economic Restructuring -- -Reducing Overhead Burdens -- Improving Operating Efficiency over the Longer Term -- Overall Impacts of the Restructuring Efforts -- IV. SOE Reorganisation -- -Formation of the SOE Core -- "Letting Go" of Small and Medium Sized SOE -- V. Establishing Effective Corporate Governance Mechanisms -- -Weaknesses in the Corporate Governance Reforms in China -- Corporate Governance Issues in the Non-State Sectors -- VI. The Role of the Financial System in Enterprise Reforms -- -Providing Adequate Financing for Enterprises -- Establishing Financial Discipline -- VII. Developing Social Security Programmes -- -Reforms to Deal with Displaced Workers -- Health and Pension System Reforms -- VIII. Conclusions -- -Macroeconomic Performance and Reform Sustainability -- Areas Where the Process Could Be Improved -- Bibliography -- Annex: Summary of Selected Results from Analysis of Enterprise Panel Data".
• catalog title "Reforming China's enterprises.".
• catalog type "text".