Evaluation of the World Bank's Contribution to Chinese Enterprise Reform
It is widely recognized in Chinese policy-making circles that the World Bank made a significant contribution to the country s enterprise reform in the 1980s. A major contribution consisted of bringing eminent international scholars and policy-maker...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2005/04/20106099/evaluation-world-contribution-chinese-enterprise-reform http://hdl.handle.net/10986/20211 |
| Summary: | It is widely recognized in Chinese
policy-making circles that the World Bank made a significant
contribution to the country s enterprise reform in the
1980s. A major contribution consisted of bringing eminent
international scholars and policy-makers to China, and in
sending leading Chinese scholars and policy-makers abroad.
The World Bank's financial support for these activities
had a significant impact on the development of ideas on
enterprise reform, especially at the highly influential
Chinese Economic System Reform Research Institute (CESRRI),
under the state council. The contribution of the World Bank
was given more concrete form in the shape of joint research
(from 1983 to 1985) on state enterprise reform, between the
World Bank and leading Chinese institutions, under the
umbrella of the Economics Research Institute of the Chinese
Academy of Social Sciences. The World Bank has been involved
in several industrial projects through its loan program. The
main point of focus has been the fertilizer sector, but it
has also been involved in projects in the machine tool,
pharmaceuticals, and cement sectors. The World Bank has
devoted increasing amounts of research resources in the
China field to analyzing the role of private enterprise in
the economy. |
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