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2006

Selected Works

SelectedWorks

China

Articles 1 - 8 of 8

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Are There Lasting Impacts Of Aid To Poor Areas? Evidence From Rural China, Martin Ravallion, Shaohua Chen, Ren Mu Dec 2006

Are There Lasting Impacts Of Aid To Poor Areas? Evidence From Rural China, Martin Ravallion, Shaohua Chen, Ren Mu

Martin Ravallion

The paper re-visits the site of a large, World Bank-financed, rural development program in China, 10 years after it began and four years after disbursements ended. The program emphasized community participation in multi-sectoral interventions (including farming, animal husbandry, infrastructure and social services). Data were collected on 2,000 households in project and non-project areas, spanning 10 years. A double-difference estimator of the program’s impact (on top of pre-existing governmental programs) reveals sizeable short-term income gains that were mostly saved. Only small and statistically insignificant gains to mean consumption emerged in the longer-term — though in rough accord with the gain to …

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China's (Uneven) Progress Against Poverty, Martin Ravallion, Shaohua Chen Dec 2006

China's (Uneven) Progress Against Poverty, Martin Ravallion, Shaohua Chen

Martin Ravallion

While the incidence of extreme poverty fell dramatically in China over 1980-2001, progress was uneven over time and across provinces. Rural areas accounted for the bulk of the gains to the poor, though migration to urban areas helped. Rural economic growth was far more important to national poverty reduction than urban economic growth; agriculture played a far more important role than the secondary or tertiary sources of GDP. Taxation of farmers and inflation hurt the poor; local government spending helped them in absolute terms; external trade had little short-term impact. Provinces starting with relatively high inequality saw slower progress against …

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The Political Economy Of Township Government Debt, Township Enterprises, And Rural Financial Institutions In China, Lynette H. Ong Jun 2006

The Political Economy Of Township Government Debt, Township Enterprises, And Rural Financial Institutions In China, Lynette H. Ong

Lynette H Ong, Dr

This paper sheds light on the ways in which township governments had mobilized resources from local financial institutions, and how failure to repay many of these loans had given rise to sizeable local government debt. Mobilization of resources was done through loans to collective enterprises whose de facto owners were township authorities. Though the enterprises were nominal borrowers, loan transactions would not have occurred in the absence of guarantees by township governments. Another way of financial resource mobilization was by establishing local informal financial organizations that were subject to less strict regulations, and over which township authorities could exercise control. …

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Difficult Choices: An Australian Perspective On The International Role Of The European Union In The Twenty-First Century, Dylan Kissane May 2006

Difficult Choices: An Australian Perspective On The International Role Of The European Union In The Twenty-First Century, Dylan Kissane

Dylan Kissane

No abstract provided.

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Multiple Principals And Collective Action: China’S Rural Credit Cooperatives And Poor Households’ Access To Credit, Lynette H. Ong May 2006

Multiple Principals And Collective Action: China’S Rural Credit Cooperatives And Poor Households’ Access To Credit, Lynette H. Ong

Lynette H Ong, Dr

Ample empirical evidence suggests that Rural Credit Cooperatives (RCCs), which are the core credit institutions in rural China, are not accountable to their member households. This article argues that this conundrum can be explained by an institutional analysis of the credit cooperatives using the multiple principals–agent framework: the credit cooperatives as agents are accountable to multiple heterogeneous principals—with multiple conflicting objectives. The multiple principals are (1) the County RCC Unions, which exercise control using the evaluation criteria on which the remuneration of grassroots RCC officers is assessed; (2) local party secretaries, who exert influence through top personnel appointment and dismissal …

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The Chinese Challenge. Hallucinations For Other Futures, Rudolf Kaehr Jan 2006

The Chinese Challenge. Hallucinations For Other Futures, Rudolf Kaehr

Rudolf Kaehr

The main question is: What can we learn from China that China is not teaching us? It is proposed that a study of polycontextural logic and morphogrammatics could be helpful to discover this new kind of rationality.

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Family Businesses In China (1978-1996): Entry And Performance, Xiaogang Wu Jan 2006

Family Businesses In China (1978-1996): Entry And Performance, Xiaogang Wu

Xiaogang Wu

No abstract provided.

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Bargaining For Compensation In The Shadow Of Regulatory Giving: The Case Of Split Share Structure Reform In China, Wallace Wen-Yeu Wang, Jianlin Chen Jan 2006

Bargaining For Compensation In The Shadow Of Regulatory Giving: The Case Of Split Share Structure Reform In China, Wallace Wen-Yeu Wang, Jianlin Chen

Jianlin Chen

This article is about the legal and economic analysis of the Chinese split share structure reform. Under the legal analysis, we show that traditional approaches in private and public law fail to provide a valid legal basis for requiring non-tradable shareholders to compensate tradable shareholders for the right to trade. Even the more developed US regulatory takings jurisprudence would not provide the tradable shareholders with a right to compensation for the loss they suffered from the trading of non-tradable shares. This is where we turn to the new givings jurisprudence recently developed in the US. Mirroring takings jurisprudence that focuses …

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