Author : Shunfeng Song
Release : 2016-02-24
Genre : Business & Economics
Kind : eBook
Book Rating : 862/5 ( reviews)
Book Synopsis The Revival of Private Enterprise in China by : Shunfeng Song
Download or read book The Revival of Private Enterprise in China written by Shunfeng Song. This book was released on 2016-02-24. Available in PDF, EPUB and Kindle. Book excerpt: The re-emergence of private enterprises is one of the most important factors in China's recent economic development. They will play a key role in maintaining China's high growth rate and honouring its commitments to the WTO. Despite this they face obstacles to growth, including borrowing restrictions, high taxes, ineffective legal protection and lack of technical and information support. The authors in this book discuss these obstacles and propose measures for improving private enterprise development. They consider how private enterprises can help China mitigate its macroeconomic problems, such as unemployment, income inequality, financial disintermediation and cyclical boom and bust. Finally they examine the lessons to be learnt from other countries in promoting privatization.
