Details

Autor(en) / Beteiligte

• Sáez, Lawrence
• Yang, Joy

Titel

The Deregulation of State-Owned Enterprises in India and China

Ist Teil von

• Comparative economic studies, 2001-09, Vol.43 (3), p.69-97

Ort / Verlag

New Brunswick: Palgrave Macmillan

Erscheinungsjahr

2001

Quelle

EBSCOhost Business Source Ultimate

Beschreibungen/Notizen

• A broad analysis of the timing, magnitude and pace of the deregulation of state-owned enterprises in India and China is offered. Some of the macroeconomic similarities and divergent outcomes stemming from India and China's economic liberalization and deregulation process are described. Recent developments regarding the deregulation outcomes in 3 important sectors - banking, energy, and telecommunications - are offered. The timing and speed of deregulation are not crucial to the overall success of deregulation in India or China. Given that India and China are in the midst of their deregulation strategy, the premise of the benefits of deregulation remains to be ascertained fully. There appears to be some positive efficiency gains associated with deregulation in the banking and electricity sector. Other sectors of India and China's economy may experience similar efficiency gains.