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Shareholding System Reform in China

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  • Shu-Yun Ma

Abstract

Since the 1980s, there has been a global wave of transfer of state assets to private hands. China is a relatively late participant of this worldwide trend, yet, in the last decade it has emerged as one of the largest privatizing countries. Shu-Yun Ma argues that China’s privatization is not based on any grand blueprint; rather, it is privatization by ‘groping for stones to cross the river’, a well-known metaphor often attributed to Deng Xiaoping, meaning that the reform simply proceeds on a trial-and-error basis without being guided by any theory.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Shu-Yun Ma, 2010. "Shareholding System Reform in China," Books, Edward Elgar Publishing, number 13243.
    • Handle: RePEc:elg:eebook:13243
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    References listed on IDEAS

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    Cited by:

    1. Liming Zhou & Shujie Yao & Jinmin Wang & Jinghua Ou, 2016. "Global financial crisis and China’s pawnbroking industry," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 14(2), pages 151-164, May.

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    Keywords

    Asian Studies; Business and Management; Economics and Finance; Politics and Public Policy;
    All these keywords.

    JEL classification:

    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory

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