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

Governance, Regulation, and Privatization in the Asia-Pacific Region PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386961
Category : Business & Economics
Languages : en
Pages : 483

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Book Description
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

Governance, Regulation, and Privatization in the Asia-Pacific Region PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386961
Category : Business & Economics
Languages : en
Pages : 483

Get Book

Book Description
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.

Business, Markets and Government in the Asia-Pacific

Business, Markets and Government in the Asia-Pacific PDF Author:
Publisher:
ISBN: 9780415183024
Category : Asia
Languages : en
Pages : 0

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Book Description
(...) Dobson, Wendy: Business networks in East Asia. Diversity and evolution. Petri, Peter A.: Markets, competition and restructuring in the 1990s. Lin, Justin Yifu: State intervention, ownership and state enterprise reform in China. Trebilcock, Michael J.: The evolution of competition policy. Lessons from comparative experience. Bollard, Alan; Vautier, Kerrin M.: The convergence of competition law within APEC and the CER agreement. Lloyd, P. J.: Competition policy in APEC. Principles of harmonisation. Wu Rong-I; Chu Yun-Peng: Trade and competition policy. Pupphavesa, Wisarn: Competition regulation and policy in Thailand. Janow, Merit E.: Policy approaches to economic deregulation and regulatory reform. Ure, John; Vivorakij, Araya: Telecommunication and privatisation in Asia. Chujoh, Ushio; Yamauchi, Hirotaka: Japan's air transport policy at a crossroad. Naidu, G.: Power sector reform in Malaysia. Privatisation and regulation. Vikitset, Thiraphong: Liberalisation and privatisation of the Thai power sector. Issues and perspectives. (...).

Governance Innovations in the Asia-Pacific Region

Governance Innovations in the Asia-Pacific Region PDF Author: Gambhir Bhatta
Publisher: Routledge
ISBN: 042984431X
Category : Political Science
Languages : en
Pages : 305

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Book Description
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 - nature of governance ensures that much more needs to be studied about the specific incidence of good governance before a unifying theme on how exactly to develop a universal framework of application of governance can be finalized. It is within this context that this book seeks to fill a vacuum in the theory-practice dichotomy that, it argues, has dominated the debate on governance so far.

Corporate Governance

Corporate Governance PDF Author:
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 664

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Book Description
Critically addresses the issues and controversies surrounding the practice of corporate governance in the Asia-Pacific region. Includes country-specific studies from Australia, China, Hong Kong, Malaysia, New Zealand, Singapore, the UK and the USA.

Port Privatisation

Port Privatisation PDF Author: James Reveley
Publisher: Edward Elgar Publishing
ISBN: 9781781956526
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
'This book is an excellent reference on the state of port reform throughout the Asia-Pacific region. While there have been a number of articles in recent years on port reform in Australia, China, Hong Kong, Korea and Singapore, much of the Asia-Pacific region has been overlooked. This book not only rectifies this gap by providing much needed insight into the situation in India, Japan, Malaysia, and New Zealand, while also consolidating the work already completed elsewhere. With the rise of Asia as the world's most important shipping and port market, the editors are to be commended for bringing new voices to the discussion and developing a strong contribution to the port reform and port governance literature.' - Mary R. Brooks, Dalhousie University, Canada

Deregulation and Its Discontents

Deregulation and Its Discontents PDF Author: M. Ramesh
Publisher: Edward Elgar Publishing
ISBN: 1847201806
Category : Political Science
Languages : en
Pages : 265

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Book Description
. . . an extremely interesting collection, full of insights and institutional detail. . . The book definitely deserves the attention of those interested in one of the most debated issues of the last 20 years in economics and political science. Herb Thompson, Journal of Contemporary Asia Deregulation and its Discontents examines the different ways in which the issues related to deregulation and reregulation have been addressed in Asia. The role of government in business has gone through distinct, if overlapping, cycles: regulation, deregulation and reregulation. However, little is known about deregulation and even less about reregulation, particularly in relation to Asia. The contributors to this book examine the links between the cycles through detvailed analyses of the electricity market, pensions and stock markets in the Asia Pacific. They also offer an explanation of regulatory cycles. This unique and inter-disciplinary book is thoroughly accessible and will be suitable for specialist as well as non-specialist readers. It will appeal to academics and researchers of public sector economics, Asian studies and the political economy of Asia in particular as well as public officials dealing with regulatory issues.

Business, Markets and Government in the Asia Pacific

Business, Markets and Government in the Asia Pacific PDF Author: Rongyi Wu
Publisher:
ISBN: 0415183030
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
Exploring the thorny issues of industrial organisation, competition policy and liberalization in the Asia-Pacific region, this book examines the ways in which governments regulate business. Using case studies from China, the USA, New Zealand, Thailand, Malaysia and Japan, the authors take a comparative look at the evolution of policies and their implementation on the ground. With a specific focus on the energy, transport and telecommuncations sectors, this book represents the most up-to-date analysis of the ways in which governments in the Asia-Pacific are coping with rapid industrial and economic change.

Asian Regional Governance

Asian Regional Governance PDF Author: Kanishka Jayasuriya
Publisher: Routledge
ISBN: 1134355351
Category : Political Science
Languages : en
Pages : 430

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Book Description
Jayasuriya looks at the changing global and domestic political economies shaping the new regionalism in Asia, and examines the relationship between regional domestic, political and economic structures and forms of regional governance. Well-known contributors in the field focus on the impact of globalization on Asian regionalism, new security challenges, monetary cooperation, sovereignty, democratization, industry policy and China's engagement with southeast Asia. Providing a detailed overview of the conceptual foundations of regional governance, this text is an indispensable resource for all who want to understand the emerging dynamics of regionalism in the Asia Pacific.

Railway Transportation in South Asia

Railway Transportation in South Asia PDF Author: Saptarshi Mitra
Publisher: Springer Nature
ISBN: 3030768783
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
This book discusses policy instruments for sustainable infrastructure developments. Railways are one of the most important developmental instruments of a region, province, or country. They play a crucial role in economic development, urban growth, urban mobility, regional susceptibility, market integration, and world trade. Railways are an integral part of regional and urban development, both in terms of freight and passenger transport. By offering case studies from various regions and cities in South Asia, this book examines the evolution of railway transportation and the impact of these infrastructure projects on regional and urban development. It examines the interactions between evolving infrastructures and competing demands and considers the negative and positive externalities of railway transportation for people, places, and locations. The contributions analyze issues such as network infrastructure planning and technological development, passenger mobility and satisfaction, vulnerability to environmental impacts, and cross-border trade.

Asia Pacific Governance

Asia Pacific Governance PDF Author: Charles Samford
Publisher:
ISBN: 9781315196190
Category : Electronic books
Languages : en
Pages :

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Book Description
"This title was first published in 2002. With half of the world's population now living in Asia, governments have had to balance the drive for economic success with the rapidly increasing demands on resources and services. Important questions are being asked about how governments can best legislate to account for the rapid demographic and technological changes in the region. Uniting esteemed academics and practitioners from the region, "Asia Pacific Governance" addresses many of these vital and critical questions."--Provided by publisher.