The contents of this socialist economies in transition newsletter include: state enterprises in China: dealing with loss-makers; possibilities or traps in catching up with the West; Western confidence...
Since 1978 the Chinese Government has devolved significant economic control to local governments and enterprises. Two stylized facts have aroused enormous debates on the economic role of the central and...
This paper summarizes some important results form a on-going research on behavior and performance of Chinese industrial enterprises. The theoretical and empirical results strongly support ownership reforms...