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CHINA'S STATE-OWNED ENTERPRISES: Nature, Performance and Reform
By Hong Sheng, Nong Zhao
eBook
$54.00
By Hong Sheng, Nong Zhao
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This book provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It demonstrates that state ownership in the form of SOEs does not use resources efficiently, holds a poor record in income distribution, and enjoys unfair advantages while competing with other firms. To illustrate this, the book presents data on how favored policies, monopolistic powers, and subsidies benefit SOEs.This book, with its rich empirical da...