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A comparative case study on the experience of privatization in UK, Korea and Japan and implications to China SOEs reform

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Frame of Image fillment of the requirements for the degree of MASTER OF PUBLIC POLICY
2002 Professor Bon Ho Koo
ABSTRACT
A COMPARATIVE CASE STUDY ON THE EXPERIENCE OF PRIVATIZATION IN UK, KOREA AND JAPAN AND IMPLICATIONS TO CHINA SOES REFORM By Xuan Li
This paper, first, reviews the theoretical framework of privatization with special concern over property rights and competitive nature of the market. It examines economic implication of property rights and suggests different policy implications under different market conditions. Through empirical studies of privatization in United Kingdom (UK), Japan, and Korea, it illustrates the gains from privatization. It also stresses the lessons learnt for future privatization process and policies. financial sector. In addition, it reviews the recent Chinese reform programs including the ones of the state-owned-enterprises (SOE) and the This paper argues that, without proper transfer of property rights, inefficiencies will remain and Chinese SOEs will continue to be a heavy burden on the national economy. Lastly, some policy suggestions for the future reform on the Chinese SOEs will be discussed.
ACKNOWLEDGEMENTS
Although mentioning all those who have contributed to this thesis is impossible, I should not miss this opportunity to acknowledge a selected few. I would like to thank KDI School of Public Policy and Management for providing me with invaluable tools and knowledge, especially the pool of first class professors whose lectures have greatly enrich


Full Text
Title A comparative case study on the experience of privatization in UK, Korea and Japan and implications to China SOEs reform
Similar Titles
Material Type Reports
Author(English)

Li, Xuan

Publisher

[Seoul]:KDI School of Public Policy and Management

Date 2002
Pages 88
Subject Country China(Asia and Pacific)
Japan(Asia and Pacific)
South Korea(Asia and Pacific)
United Kingdom(Europe)
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic Administration
Holding KDI School of Public Policy and Management

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Thesis(Master)