The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s:
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Helsinki
UNU World Inst. for Development Economics Research
1999
|
| Series: | World development studies
14 |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | IX, 119 S. |
| ISBN: | 9529520913 |
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Record in the Search Index
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| adam_text | CONTENTS
LIST OF TABLES AND FIGURES v
THE CONTRIBUTORS vi
FOREWORD vii
ACKNOWLEDGEMENT viii
ABSTRACT ix
1. INTRODUCTION: QUESTIONS AND ANALYTIC FRAMEWORK 1
Laixiang Sun
1.1 Major research questions 1
1.2 Two forms of competition and ownership restructuring 4
1.3 Market intermediation, organizational capital and social capital 7
1.4 Organization of the volume 8
2. INCENTIVE STRUCTURE OF OWNERSHIP RESTRUCTURING:
A GENERAL DISCUSSION 13
Laixiang Sun
2.1. The transitional firm as a political institution 13
2.2 Reducing the costs of ownership and governance 16
2.3 Joint stock co operative: its stylized features and functioning mechanisms 20
3. LOCAL GOVERNMENT AND OWNERSHIP REFORM OF SMALL
AND MEDIUM SOEs 29
Edward X. Gu
3.1 Introduction 29
3.2 Five vehicles for small corporatization 30
3.3 Why small corporatization? The incentive structure of local government 33
3.4 Recontracting for property rights: the role of the state 40
3.5. Consequences of local SOE ownership reform: changes in government
enterprise relations 42
3.6 Remaining institutional bottlenecks and impediments to small
corporatization 45
4. FROM VAGUELY DEFINED TO JOINT STOCK CO OPERATIVES:
OWNERSHIP REFORM IN THE TVE SECTOR 51
Laixiang Sun
4.1 TVE profile and TVE miracle 51
4.2 Why have TVEs been so successful? 53
iii
4.3 Why TVEs need ownership restructuring 60
4.4 The emergence of joint stock co operatives in the TVE sector 64
4.5 Remaining challenges to TVE development and reform 68
5. THE DYNAMICS OF THE PRIVATE SECTOR 75
Laixiang Sun
5.1 Development of the private sector: an overview 75
5.2 The Wenzhou model: an example of private sector development in China 80
5.3 The dependence of private enterprises on local governments for social
and institutional capital 84
5.4 The remaining constraints to private sector development 88
6. IMPLICATIONS TO SME DEVELOPMENT IN RUSSIA AND OTHER
TRANSITION ECONOMIES: LESSONS FROM CHINA 91
Robert J. Mclntyre and Laixiang Sun
6.1 Introduction 91
6.2 Five lessons for promoting SMEs in the transition economies 93
6.3 The emerging role of local governments as market preserves in Russia
and other FSU countries 99
6.4 What obstructs FSU in drawing lessons from China? 102
REFERENCES 107
iv
LIST OF TABLES AND FIGURES
Table 2.1 Comparative models of insiders control: understanding the features
of joint stock co operatives 27
Table 3.1 Small and medium sized SOEs in the state owned industrial sector 30
Table 3.2 Development of non state sectors in non agricultural economy, 1980 97 34
Table 3.3 Losses of state owned industrial enterprises 36
Table 3.4 Liability asset ratio of Chinese industrial enterprises with the independent
accounting system 36
Table 3.5 Profit capital ratio of Chinese industrial enterprises with the independent
accounting system 37
Table 3.6 Government subsidies to loss making SOEs in the 1990s 37
Table 3.7 Redundant workers in 142 SOEs, first quarter of 1994 48
Table 4.1 Business revenue, profit plus taxes, employment and number of rural
enterprises, by type of ownership 1985 96 70
Table 4.2 The sectoral distribution of rural enterprises, 1995 and 1996 71
Table 4.3 Subsectoral shares of output and employment in rural industry, 1985 94 72
Table 4.4 The growth of TVE export, 1988 97 73
Table 4.5 The comparison of debt asset ratios by ownership, end of 1995 73
Table 4.6 The rising debt/asset ratio of core TVEs in Suzhou City, Jiangsu Province
1980 94 73
Table 4.7 Comparison of debt/asset ratio + performance of township run TVEs,
survey data in southern Jiangsu 1995 74
Table 4.8 The distribution of ownership restructuring forms, by the end of 1997 74
Table 5.1 Private and household enterprises in industrial production, 1985 and 1995 75
Table 5.2 Private and household enterprises in retail trade, 1990 7 76
Table 5.3 Basic indicators for private enterprises in China, 1993 7 76
Table 5.4 Basic indicators of household firms in China, 1981 97 77
Table 5.5 Percentage distribution of number of private enterprises by industry,
1991 5 78
Table 5.6 Percentage distribution of number of household firms by industry, 1990 5 78
Table 5.7 Age, previous occupation, and educational level of the head of private
enterprises who started their own business in 1988 and 1992 80
Figure 3.1 Number of enterprises going into bankruptcy in China, 1989 97 33
v
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| spelling | Sun, Laixiang Verfasser aut The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s Laixiang Sun with Edward X. Gu and Robert J. McIntyre Helsinki UNU World Inst. for Development Economics Research 1999 IX, 119 S. txt rdacontent n rdamedia nc rdacarrier World development studies 14 Coopératives - Chine Economische groei gtt Hervormingen gtt Midden- en kleinbedrijf gtt Petites et moyennes entreprises - Politique gouvernementale - Chine Petites et moyennes entreprises - Propriété - Chine Politik Cooperative societies China Small business Government policy China Small business Ownership China Klein- und Mittelbetrieb (DE-588)4031031-0 gnd rswk-swf Rechtsreform (DE-588)4048833-0 gnd rswk-swf China (DE-588)4009937-4 gnd rswk-swf (DE-588)4143413-4 Aufsatzsammlung gnd-content China (DE-588)4009937-4 g Klein- und Mittelbetrieb (DE-588)4031031-0 s Rechtsreform (DE-588)4048833-0 s DE-604 Gu, Xin Verfasser aut McIntyre, Robert J. Verfasser aut World development studies 14 (DE-604)BV013956294 14 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009596273&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Sun, Laixiang Gu, Xin McIntyre, Robert J. The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s World development studies Coopératives - Chine Economische groei gtt Hervormingen gtt Midden- en kleinbedrijf gtt Petites et moyennes entreprises - Politique gouvernementale - Chine Petites et moyennes entreprises - Propriété - Chine Politik Cooperative societies China Small business Government policy China Small business Ownership China Klein- und Mittelbetrieb (DE-588)4031031-0 gnd Rechtsreform (DE-588)4048833-0 gnd |
| subject_GND | (DE-588)4031031-0 (DE-588)4048833-0 (DE-588)4009937-4 (DE-588)4143413-4 |
| title | The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s |
| title_auth | The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s |
| title_exact_search | The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s |
| title_full | The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s Laixiang Sun with Edward X. Gu and Robert J. McIntyre |
| title_fullStr | The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s Laixiang Sun with Edward X. Gu and Robert J. McIntyre |
| title_full_unstemmed | The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s Laixiang Sun with Edward X. Gu and Robert J. McIntyre |
| title_short | The evolutionary dynamics of China's small- and medium-sized enterprises in the 1990s |
| title_sort | the evolutionary dynamics of china s small and medium sized enterprises in the 1990s |
| topic | Coopératives - Chine Economische groei gtt Hervormingen gtt Midden- en kleinbedrijf gtt Petites et moyennes entreprises - Politique gouvernementale - Chine Petites et moyennes entreprises - Propriété - Chine Politik Cooperative societies China Small business Government policy China Small business Ownership China Klein- und Mittelbetrieb (DE-588)4031031-0 gnd Rechtsreform (DE-588)4048833-0 gnd |
| topic_facet | Coopératives - Chine Economische groei Hervormingen Midden- en kleinbedrijf Petites et moyennes entreprises - Politique gouvernementale - Chine Petites et moyennes entreprises - Propriété - Chine Politik Cooperative societies China Small business Government policy China Small business Ownership China Klein- und Mittelbetrieb Rechtsreform China Aufsatzsammlung |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009596273&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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