The Institutional Transition of China's Township and Village Enterprises

The Institutional Transition of China's Township and Village Enterprises

Author: Hongyi Chen

Publisher: Routledge

Published: 2017-11-22

Total Pages: 294

ISBN-13: 1351812289

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This title was first published in 2000: This work provides a new insight into china's township and village enterprises (TVEs). It views the governance structure of TVEs as effectively combining the comparative advantage of local government officials in external management and of dual firm managers in internal management to overcome imperfections in both market and government during the transitional period. Through extensive field investigation analysis and case studies, this work shows that the governance structure of TVEs has been evolving during the past fifteen years. To adapt to the changing environment, TVEs have continuously innovated firm contractual form from a government official dominant fixed-wage form to a partnership style profit-sharing form, then to a privatization oriented fixed-rent form. This work develops a complete model to explain how the central government’s partial reform efforts in market liberalization have become the driving force to induce the contractual form innovation, and to explicate how heterogeneity in firms’ technical structures and in local economic settings may affect local government’s decisions regarding contractual form innovation. Using the author’s unique data set, the model simulations predict that the development in the whole market system will result in the diffusion of contractual form innovation and lead to an 'induced privatization’ in this sector. The following empirical studies show this to be a powerful prediction and the progress toward such ’induced privatization' can be expected in China in near future. This research work provides a rich empirical study on China’s institutional transition towards a market system. It explains how a bottom-up endogenous, instead of top-down exogenous, property rights reform can be realized in transitional economies. This work will serve as a valuable reference for researchers and students in economics, economic development and institutional economics - and especially for those interested in research.


The Institutional Transition of China's Township and Village Enterprises

The Institutional Transition of China's Township and Village Enterprises

Author: Hongyi Chen

Publisher: Routledge

Published: 2017-11-22

Total Pages: 341

ISBN-13: 1351812270

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This title was first published in 2000: This work provides a new insight into china's township and village enterprises (TVEs). It views the governance structure of TVEs as effectively combining the comparative advantage of local government officials in external management and of dual firm managers in internal management to overcome imperfections in both market and government during the transitional period. Through extensive field investigation analysis and case studies, this work shows that the governance structure of TVEs has been evolving during the past fifteen years. To adapt to the changing environment, TVEs have continuously innovated firm contractual form from a government official dominant fixed-wage form to a partnership style profit-sharing form, then to a privatization oriented fixed-rent form. This work develops a complete model to explain how the central government’s partial reform efforts in market liberalization have become the driving force to induce the contractual form innovation, and to explicate how heterogeneity in firms’ technical structures and in local economic settings may affect local government’s decisions regarding contractual form innovation. Using the author’s unique data set, the model simulations predict that the development in the whole market system will result in the diffusion of contractual form innovation and lead to an 'induced privatization’ in this sector. The following empirical studies show this to be a powerful prediction and the progress toward such ’induced privatization' can be expected in China in near future. This research work provides a rich empirical study on China’s institutional transition towards a market system. It explains how a bottom-up endogenous, instead of top-down exogenous, property rights reform can be realized in transitional economies. This work will serve as a valuable reference for researchers and students in economics, economic development and institutional economics - and especially for those interested in research.


China's Township System: Governance And Reform

China's Township System: Governance And Reform

Author: Licai Wu

Publisher: World Scientific

Published: 2018-02-14

Total Pages: 470

ISBN-13: 9814675547

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This book is based on an empirical research on the governance and reform of the contemporary township system in China. It provides an insightful and innovative understanding of China's township system. The book consists of four parts. The first part discusses the historical changes, present situation and practical operation of China's township system. The second part compares several practice models of reform, and analyses the motivational forces, path and trend of the reform process. The third part studies the reconstruction of modern township governance system and other relevant institutional innovations. The fourth part focuses on the investigation and case analysis of the actual operation of the township system at multi-dimensional levels.


Township Governance and Institutionalization in China

Township Governance and Institutionalization in China

Author: Shukai Zhao

Publisher: World Scientific

Published: 2014

Total Pages: 379

ISBN-13: 9814405922

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This unique volume takes a very different approach to township or xiangzhen governance. It explores the structural constraints on township governance and the way that these constraints influence the day-to-day behavior of Chinese rural grassroots government leaders. Based on thoroughgoing interviews with township and village cadres and villagers, the book depicts how individual actions affect and are affected by the underlying institutional arrangements and hence captures the dynamic micro functions of grassroots government as well as macro evolutions of overarching political institutions in China. The down-to-earth presentation of this book engages readers to deeply feel the genuine life and dilemmas of cadres at the rural grassroots levels in China.The goal of this book is to analyze the fiscal standing, power structure and public service functions of township governments in the context of its subtle relationships with upper level governments as well as with sub-level villages and the rural grassroots society. Its comprehensive documentation and in-depth discussion provide the best depiction of rural governance in contemporary China.


How Reform Worked in China

How Reform Worked in China

Author: Yingyi Qian

Publisher: MIT Press

Published: 2017-11-24

Total Pages: 414

ISBN-13: 026253424X

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A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally important. As China has transformed itself from a centrally planned economy to a market economy, economists have tried to understand and interpret the success of Chinese reform. As the Chinese economist Yingyi Qian explains, there are two schools of thought on Chinese reform: the “School of Universal Principles,” which ascribes China's successful reform to the workings of the free market, and the “School of Chinese Characteristics,” which holds that China's reform is successful precisely because it did not follow the economics of the market but instead relied on the government. In this book, Qian offers a third perspective, taking certain elements from each school of thought but emphasizing not why reform worked but how it did. Economics is a science, but economic reform is applied science and engineering. To a practitioner, it is more useful to find a feasible reform path than the theoretically best way. The key to understanding how reform has worked in China, Qian argues, is to consider the way reform designs respond to initial historical conditions and contemporary constraints. Qian examines the role of “transitional institutions”—not “best practice institutions” but “incentive-compatible institutions”—in Chinese reform; the dual-track approach to market liberalization; the ownership of firms, viewed both theoretically and empirically; government decentralization, offering and testing hypotheses about its link to local economic development; and the specific historical conditions of China's regional-based central planning.


The Palgrave Handbook of Local Governance in Contemporary China

The Palgrave Handbook of Local Governance in Contemporary China

Author: Jianxing Yu

Publisher: Springer

Published: 2019-01-07

Total Pages: 767

ISBN-13: 9811327998

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This Handbook provides a comprehensive overview of local governance in China, and offers original analysis of key factors underpinning trends in this field drawing on the expertise of scholars both inside and outside China. It explores and analyzes the dynamic interaction and collaboration among multiple governmental and non-governmental actors and social sectors with an interest in the conduct of public affairs to address horizontal challenges faced by the local government, society, economy, and civil community and considers key issues such as governance in urban and rural areas, the impact of technology on governance and related issues of education, healthcare, environment and energy. As the result of a global and interdisciplinary collaboration of leading experts, this Handbook offers a cutting-edge insight into the characteristics, challenges and trends of local governance and emphasizes the promotion of good governance and democratic development in China.


Green Barons, Force-of-Circumstance Entrepreneurs, Impotent Mayors

Green Barons, Force-of-Circumstance Entrepreneurs, Impotent Mayors

Author: Nigel Swain

Publisher: Central European University Press

Published: 2013-10-10

Total Pages: 412

ISBN-13: 6155225710

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An exemplary study in comparative contemporary history, this monograph looks at rural change in six countries: Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia. In the 1990s most of these nations experienced a fourth radical restructuring of agricultural relations in the twentieth century, and all went through the dramatic transition from communism to capitalism. The author analyzes attempts to activate democracy on a local level and recreate farming structures and non-agricultural businesses based on private ownership and private enterprise. He describes the emergence of a new business class that seeks to dominate local government structures; the recuperation of former communist farming entities by former managers; and the transformation of peasants into rural citizens, who nevertheless remain the underdogs. Swain exposes common features as well as specific divergences between the six countries; he portrays the winners, losers and engineers of transformations. He situates his themes in a wider context that will appeal to a broad range of social scientists and historians.