This title was first published in 1992: Presents a thoroughly documented framework for understanding not only the progress and problems of China's past reform efforts, but also the measures which must be undertaken if future initiatives are to lead to more beneficial results.

One: Introduction; Two: Alternative Views on Socialist Economic Reform and Enterprises; Three: Initial Reform of the Chinese Enterprise System; Four: The New Model of the Chinese State Enterprise: The CMI Model; Five: The Dual Collusion Problem and the Performance of the CMI Model; Six: Privatization of State Enterprises: The Emergence of the Shareholding System; Seven: Property-Rights Approach to China's Nonstate Sector: Private, Collective, and Foreign Ventures in China; Eight: Firms in China, Japan, and Korea: A Comparative Analysis for Sustainable Enterprise Reform; Nine: China's Economic Reform and Development: Retrospects and Prospects

Lily Xiao Hong Lee, Seiji Naya