IDEAS home Printed from https://ideas.repec.org/a/wsi/jecxxx/v04y1996i04ns0218495896000198.html
   My bibliography  Save this article

The “Catfish Effect” Of The Private Sector On The Economy Of The People’S Republic Of China

Author

Listed:
  • ZHANG YOUZHUO

    (Jinan University, Guangzhou, China)

  • FU JIESHENG

    (Zhongshan University, Guangzhou, China)

  • M.Y. WONG

    (The University of Hong Kong, Hong Kong, P. R. China)

  • SALLY STEWART

    (The University of Hong Kong, Hong Kong, P. R. China)

Abstract

Just as a catfish placed in a tank will by its vigorous activity oxygenate the water and energise the other fish, so the private sector1in the People’s Republic of China (PRC) is stimulating progress in other aspects of the economy. It is suggested that the changes, which include the creation of a new entrepreneurial class; setting a model for “capital operations” in the transition to a market economy; accelerating the formation of a competitive climate and acting as a pioneer, are contributing greatly to the development of the PRC. The paper concludes that the private sector provides a new dynamic force and is unlikely to be abolished again.

Suggested Citation

  • Zhang Youzhuo & Fu Jiesheng & M.Y. Wong & Sally Stewart, 1996. "The “Catfish Effect” Of The Private Sector On The Economy Of The People’S Republic Of China," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 4(04), pages 331-349.
    • Handle: RePEc:wsi:jecxxx:v:04:y:1996:i:04:n:s0218495896000198
    DOI: 10.1142/S0218495896000198
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0218495896000198
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0218495896000198?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lin, Tse-Chun & Liu, Jinyu & Ni, Xiaoran, 2022. "Foreign bank entry deregulation and stock market stability: Evidence from staggered regulatory changes," Journal of Empirical Finance, Elsevier, vol. 69(C), pages 185-207.
    2. Lee, Sangwon & Lee, Seonmi & Joo, Hye Min, 2018. "A cross-country analysis of Over-the-Top video market growth: A panel data analysis," 22nd ITS Biennial Conference, Seoul 2018. Beyond the boundaries: Challenges for business, policy and society 190420, International Telecommunications Society (ITS).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jecxxx:v:04:y:1996:i:04:n:s0218495896000198. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jec/jec.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.