Country | |
Publisher | |
ISBN | 9787513500890 |
Format | HardBound |
Language | English |
Year of Publication | 2010 |
Bib. Info | xi. 377p. ; 24cm. |
Product Weight | 798 gms. |
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Economic restructuring may break down if price reform fails. The success of economic restructuring, however, hinges not on price reform, but on ownership reform, which entails revamping the corporate system. This is because price reform serves the main purpose of shaping an environment in favor of the growth of the market economy, but only ownership reform or corporate system reform can address such issues as interests, responsibility, motivation, and incentives.