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The Challenges of China's Economic Reform: State Enterprise Reform and Financial Liberalization

This thesis examines China's state-owned enterprise reform and financial reform in the last two decades. I characterize the progress of China's state-owned enterprises reform in two areas: privatization of small SOEs and mass layoffs. I argue that privatization rests on the political economy of China. I also discuss the evolution of the financial system and come up with some strategies of financial liberalization in China. Result from this study suggests that if the necessary reforms of the financial sector and state enterprises are effectively carried out, inevitably this will lead to a significantly slower rate of growth for a period of time. However, these reforms will provide the basis for a period of sustained growth in the long run.

Identiferoai:union.ndltd.org:unt.edu/info:ark/67531/metadc2682
Date12 1900
CreatorsZhou, Haoming
ContributorsClower, Terry L., Weinstein, Bernard L., McKee, William
PublisherUniversity of North Texas
Source SetsUniversity of North Texas
LanguageEnglish
Detected LanguageEnglish
TypeThesis or Dissertation
FormatText
RightsPublic, Copyright, Zhou, Haoming, Copyright is held by the author, unless otherwise noted. All rights reserved.

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