RECOVERING FINANCIAL SYSTEMS: CHINA AND ASIAN TRANSITION ECONOMIES; ED. BY MARIKO WATANABE

this Volume Explores What Happened In The Asian Transition Economies Of China, Vietnam And Myanmar From Both Macro And Micro Perspectives. These Economies Opted For The Gradual Transition Approach Rather Than The Big Bang Approach That Russia And Some Cis Economies Took. This Ensured That Institutional Change Was Possible, Unlike With The Big Bang Approach. However The Processes Organized Are Done So By The Governments, The Same Entities Responsible For The Planning During The Planned Economic Eras, And Whose Incentive To Reform May Be Debatable. This Book Questions Whether These Governments Are Capable Of Implementing Effective Reform And Transformation. Front Matter....Pages i-xiv Introduction: From Government Allocation to Market Adjustment....Pages 1-24 Front Matter....Pages 25-25 Macroeconomic Stability and Seigniorage for Fiscal Revenue: East Asia versus Eastern Europe and the CIS....Pages 27-56 The Effects of Changes of Policy Tool during the Transition Period in China....Pages 57-68 The Inter-Provincial Capital Flows in China Before and After the Transition to a Market Economy....Pages 69-79 Front Matter....Pages 81-81 Trade Credit and Imperfect Enforcement....Pages 85-96 Trade Credits and Chinese Law....Pages 97-108 Determinants of Trade Credits in China: An Empirical Investigation....Pages 109-145 Determinants of Debt, Bank Loans, and Trade Credit of Private Firms in the Transition Period: The Case of Myanmar....Pages 146-175 Household Savings Decisions and Institutional Development: The Case of Rural Households in China....Pages 179-207 Repression of the Banking Sector in the Transition to a Market-based Economy: The Case of Vietnam....Pages 208-225 Improving Corporate Governance and Regulations of Power Abuse by the Controling Shareholder in China....Pages 227-244 The State as an “Expropriating” Concentrated Owner in China....Pages 245-279 Back Matter....Pages 280-284 This book explores what happened in the transition economies of China, Vietnam and Myanmar from both macro and micro perspectives, and questions whether the governments of these countries are capable of implementing effective reform and transformation. This volume explores what happened in the Asian transition economies of China, Vietnam and Myanmar from both macro and micro perspectives. These economies opted for the gradual transition approach rather than the big bang approach that Russia and some CIS economies took. This ensured that institutional change was possible, unlike with the big bang approach. However the processes organized are done so by the governments, the same entities responsible for the planning during the planned economic eras, and whose incentive to reform may be debatable. This book questions whether these governments are capable of implementing effective reform and transformation "This volume explores what happened in the Asian transition economies of China, Vietnam and Myanmar from both macro and micro perspectives. These economies opted for the gradual transition approach rather than the big bang approach that Russia and some CIS economies took. This ensured that institutional change was possible, unlike with the big bang approach. However the processes organized are done so by the governments, the same entities responsible for the planning during the planned economic eras, and whose incentive to reform may be debatable. This book questions whether these governments are capable of implementing effective reform and transformation."--Publisher's information