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Author
Description
In many countries, public sector institutions impose heavy burdens on economic life: heavy and arbitrary taxes retard investment, regulations enrich corrupt bureaucrats, state firms consume national wealth, and the most talented people turn to rent-seeking rather than productive activities. The authors of this collection of essays describe many of these pathologies of a grabbing hand government and examine their consequences for growth.
Description
"Government-owned and government-subsidized firms compete with private firms in a variety of activities but are often endowed with privileges and immunities not enjoyed by their private rivals. Competing with the Government reveals how these privileges give government firms an artificial competitive advantage that fosters a wide range of potentially harmful effects."
"Examining a variety of instances in which government and private firms compete...
Author
Description
"Oil Titans provides rare and timely insight into how state-owned companies are striking a new balance between their national mission and their commercial needs. It provides an insider's guide to their unique culture while demonstrating the critically important role they play in developing and maintaining their country's economic welfare."--Jacket.
Author
Description
One of the core assumptions of recent American foreign policy is that China's post-1978 policy of "reform and openness" will lead to political liberalization. This book challenges that assumption and the general relationship between economic liberalization and democratization. Moreover, it analyzes the effect of foreign direct investment (FDI) liberalization on Chinese labor politics. Market reforms and increased integration with the global economy...
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