Governance, Regulation, and Privatization in the Asia-Pacific Region

Governance, Regulation, and Privatization in the Asia-Pacific Region
Author :
Publisher : University of Chicago Press
Total Pages : 483
Release :
ISBN-10 : 9780226386966
ISBN-13 : 0226386961
Rating : 4/5 (961 Downloads)

Book Synopsis Governance, Regulation, and Privatization in the Asia-Pacific Region by : Takatoshi Ito

Download or read book Governance, Regulation, and Privatization in the Asia-Pacific Region written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2007-11-01 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last twenty-five years, there has been an acceleration in the move from government regulation towards privatization. Governance, Regulation, and Privatization in the Asia-Pacific Region is the first thoroughgoing account of the relative success of the different approaches to privatization as undertaken in Korea, China, Australia, and Japan. In most contexts, privatization is expected to yield greater efficiency and cost effectiveness while avoiding the corruption and bloated budgets of government regulation or monopoly control. But broad-scale privatization, if ill designed, has also yielded its share of difficulties in East Asia. Privatization sometimes has created a vacuum in corporate governance for some of the region's most important industries and in some cases merely reinstated the monopoly-like configurations. The papers presented in this book discuss the experiences of privatization in several industries, including railroad and telecom, corporate governance problems, accounting issues, and challenges for the future in East Asian countries. The first section is theoretical in nature and proposes boundaries among government protection, market freedom, and shareholder expectations. The second part is constituted by country case studies, beginning with an analysis of both the Korean financial crisis that followed its 1997 law to privatize large, public sector corporations and the new ways Korean corporations finance themselves. Following is an evaluation of China's approach to privatization, with an in-depth look at the financial transitions of companies slated for initial public offering. Providing provocative examples of the methods of privatization in the Asia-Pacific region specifically, these papers will be of huge import to any economist or policymaker interested in transposing those successes for their own region.


Governance, Regulation, and Privatization in the Asia-Pacific Region Related Books

Governance, Regulation, and Privatization in the Asia-Pacific Region
Language: en
Pages: 483
Authors: Takatoshi Ito
Categories: Business & Economics
Type: BOOK - Published: 2007-11-01 - Publisher: University of Chicago Press

GET EBOOK

Over the last twenty-five years, there has been an acceleration in the move from government regulation towards privatization. Governance, Regulation, and Privat
Business, Markets and Government in the Asia-Pacific
Language: en
Pages: 360
Authors: Yun-Peng Chu
Categories: Social Science
Type: BOOK - Published: 2002-09-11 - Publisher: Routledge

GET EBOOK

Exploring the thorny issues of industrial organisation, competition policy and liberalization in the Asia-Pacific region, this book examines the ways in which g
Business, Markets and Government in the Asia-Pacific
Language: en
Pages: 0
Authors:
Categories: Asia
Type: BOOK - Published: 1998 - Publisher:

GET EBOOK

(...) Dobson, Wendy: Business networks in East Asia. Diversity and evolution. Petri, Peter A.: Markets, competition and restructuring in the 1990s. Lin, Justin
Governance Innovations in the Asia-Pacific Region
Language: en
Pages: 305
Authors: Gambhir Bhatta
Categories: Political Science
Type: BOOK - Published: 2018-12-24 - Publisher: Routledge

GET EBOOK

Published in 1998. The debate on what constitutes good governance - and more importantly, how to attain it - is not a new issue. The elusive - and pluralistic -
Corporate Governance
Language: en
Pages: 664
Authors:
Categories: Asia
Type: BOOK - Published: 2002 - Publisher:

GET EBOOK

Critically addresses the issues and controversies surrounding the practice of corporate governance in the Asia-Pacific region. Includes country-specific studies