An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, Business & Finance, Economics, Economic History
Cover of the book An Economic Analysis of the Rise and Decline of Chinese Township and Village Enterprises by Cheng Jin, Springer International Publishing
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Author: Cheng Jin ISBN: 9783319597706
Publisher: Springer International Publishing Publication: August 11, 2017
Imprint: Palgrave Macmillan Language: English
Author: Cheng Jin
ISBN: 9783319597706
Publisher: Springer International Publishing
Publication: August 11, 2017
Imprint: Palgrave Macmillan
Language: English

This book provides a historical economic analysis of two key issues relating to township and village enterprise (TVE) development in China. Firstly, the nature of the evolving relationship between TVEs and local government; in particular how TVE entrepreneurs have used institutionalized power to secure the political influence needed to defend their financial independence. Secondly, the relationship between TVEs and state-owned enterprises (SOEs), and the role of SOEs in China’s economic transition.

This study highlights the importance of the role of SOEs in the “dual-track pricing system” and its impact on other parts of the economy. Township and village enterprises were key to China's success in the late twentieth century, but have more or less disappeared as an entity over the past decade or so. By measuring the structural difference of the SOE sector before and after 1998–2003 SOE reform, Jin explains their fast catch-up in productivity since the mid-1990s, as well as

the relative decline of TVE productivity.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book provides a historical economic analysis of two key issues relating to township and village enterprise (TVE) development in China. Firstly, the nature of the evolving relationship between TVEs and local government; in particular how TVE entrepreneurs have used institutionalized power to secure the political influence needed to defend their financial independence. Secondly, the relationship between TVEs and state-owned enterprises (SOEs), and the role of SOEs in China’s economic transition.

This study highlights the importance of the role of SOEs in the “dual-track pricing system” and its impact on other parts of the economy. Township and village enterprises were key to China's success in the late twentieth century, but have more or less disappeared as an entity over the past decade or so. By measuring the structural difference of the SOE sector before and after 1998–2003 SOE reform, Jin explains their fast catch-up in productivity since the mid-1990s, as well as

the relative decline of TVE productivity.

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